[QUOTE=Eileen;2221718]Got mine last week, already spent.QUOTE]
What's the latest people are supposed to get the checks in the mail? I know they just started arriving, but what's the last date we should get them?
Originally Posted by Cuchulain
Also, aren't most institution just giving you a rate of .5% interest, which actually makes saving a less lucrative option than borrowing in the current situation?
I have the bulk of my savings for the downpayment I'm saving up for (and what the $600 will go into
) in an online account with ING. The interest is 3.3% or so for one of their lower-paying accounts, higher if you roll your money over into one of their CDs. The longer the CD, the higher the interest, so since I'm not anywhere near being ready to buy a home yet, I keep the bulk of my money rolled over into their 12-month ones. Actually, here was a happy accident - I called ING yesterday because I wanted to roll over another large portion of my savings account with them into a 3.30% CD. The guy mentioned that I had another CD which had matured in February, which I did nothing with. I said, "I know, sorry, I forgot to call you guys. What did you do with it - is the full dollar amount back into the savings account?" He says, "No - in the case of where you don't get in touch with us, we roll it over into another CD for you. So actually, you did very well - you didn't call us, so we put that dollar amount into a 3.50% CD." 3.50%! Just because I forgot to tell them otherwise. Sometimes it pays to have a brain fart. Not often, but in this case, yes.