Emigrant Direct Is Raising Its Money Market Interest Rate to 5.15% On July 28

Today I received a letter from Emigrant Direct which contains a secure 10 digit access code for a new Emigrantdirect.com website. The letter also indicates that Emigrant Direct is raising its money market interest rate to 5.15% on July 28, 2006. The new rate will be 0.80% higher than the relatively platry 4.35% currently offered by INGDirect.