2/6 I want to open up a money market account, and I'm debating between
an ING Direct acct and a ETrade one. Which one is preferable?
Should I just go with the ETrade acct since it offers 4.4%
interest (vs. the 3.4% offered by ING)? Thanks.
\_ Are you worried about ETrade going belly up?
\_ Go for Etrade, and when their rate tanks switch to another service.
ING Direct has really low rates, I no longer use them. Make sure to
check out other services like Emigrantdirect, GMAC, IndyMac, etc.
I'd stick to Etrade since they're well established and their teaser
rates (currently 4.4%) seem to last longer than any of the other
places. Good luck and tell us what you ended up deciding!
\_ I like GMAC because transactions post very quickly, you can
write checks from the account, they have ATM fee reimbursements,
and their rate is almost always quite competitive. |