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I have an online moneymarket account with $15K earning 1 percent interest - this is my emergency fund. I went to bankrate.com to check CD rates and other moneymarket rates. Capital one has an online MM account earning 1.6 percent - so basically I'd make about 35 percent more interest. But, at such a small amount it would mean the difference between earning $8 a month interest and earning $12 a month interest. Is it even worth me switching? I'm thinking no.

Does anyone have any other suggestions for where to keep emergency $ that might make more $? 6-month CDs are earning about the same. I need to keep it liquid, as it is an emergency fund. I just hate to see it sitting there earning so little.
 

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what about putting some of it in a CD and laddering it? that way most of the money could be liquid with the rest gaining a decent amount of interest. I know that ING has a 12 month CD for 2%. Not sure on the minimum tho.
 

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you can also get 1.55% interest in an orange savings account at ING if you don't want to do cd's...
 
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