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Interest Earnings Being Flushed Away?

March 20, 2008

toilet.jpg It’s amazing that when the Fed raises interest rates banks are pretty slow to follow, but when the LOWER interest rates, Banks drop their rates so fast, you think they were foaming at the bit for a rate cut. Well that happened again on Tueday and more banks followed suite like Emigrant Direct and ING Direct.

So what to do now? Make some free money to make up for the low interest rates!!!! Here are some deals that will pay you a little something for minimal effort:

  • $25 from ING Direct when opening an Orange Savings or Electric Checking account with $250( see post)
  • $25 when opening a RevolutionMoneyExchange account (No money needed to open account!)( see post)
  • $25 from LendingClub.com when you become a lender or borrower (see post)
  • $25 from Prosper.com when you become a lender (see post)
  • Free $50 after signing up for Chase Freedom Credit Card
  • Free Money from SurveySavvy for completing surveys online (see post)
  • This is just a sampling of the free money deals out there. Banks are giving this money out to anyone that wants it, so why not take it? Check out the Free Money category for more!


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