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3 On-line Accounts

December 10th, 2006 at 04:58 pm

I now am the proud owner of 3 on-line accounts: Amboy (5.13%), Emigrant (5.05%) and ING (4.5%), all of which make MUCH more interest than our local bank (a little over 1%).

I have the most in my Amboy account, which is my EF fund. I use Emigrant for my $20 Challenge money, and I decided to use ING to save for DS#2's graduation expenses.

I have until June of 2008 before he graduates so I've decided to put money aside when I can to save toward that.

I have been trying to think what my financial goals will be for 2007. When I get some concrete ideas I'll post them here.

3 Responses to “3 On-line Accounts”

  1. Aleta Says:

    Congratulations! I hope to also open up an Emigrant account. AT laeast you have each one designated for some goal. That is a good idea. And they are all FDIC insured. I'm not familiar with Amboy. Is that also a savings account? Did you get a bonus for opening up an Amboy account: That seems to be the thing these days.

  2. rduell Says:

    I don't think Amboy offers a sign-up bonus. I chose them because of the higher interest rate. It was the first account I opened on-line. This link will give you quite a bit of info about them.

  3. LdyFaile Says:

    I have just the two online (Emigrant and ING) and then the third is at my brick and mortar bank because it's also my overdraft protection account so I need something in there. Smile Glad to see I'm not the only one who does that sort of thing.

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