Dang....Jonathan's already posted it and now Jim's right behind him. I'm sure the PFBlogosphere will be all abuzz about the new rate by morning.
So 4% is apparently the APY that finally got me off my duff -- I have officially signed up for an EmigrantDirect account and I anxiously await my two test transactions.
I intend to use Emigrant for "emergency" cash and any 0% balance transfer action I can get my hands on and continue to use ING for "freedom account" type activity. And I'm still hoping ING makes an attempt to meet Emigrant (cuz Emigrant is smoking my orange ball!)