Comments on: SmartyPig Review

By: Daniel

Daniel — Sun, 14 Feb 2010 01:15:30 +0000

Agreed, putting thousands of dollars on a gift card sounds like a terrible idea. But if I’m cashing out, maybe putting $50 or $100 on an amazon card might be nice (maybe as a system of rewarding yourself?).

By: Little House

Little House — Sun, 14 Feb 2010 00:41:47 +0000

I like the sound of the higher interest rate. BUT, I don’t know if I like the idea of putting your hard earned money on store gift cards. This seems geared towards a younger audience. I think Lean Life Coach hit it on the head, kids could benefit from this. Especially when asking relatives to donate money! :)
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By: Daniel

Daniel — Sat, 13 Feb 2010 23:02:15 +0000

Great point, I can definitely see kids getting excited about that and getting money deposited instead of cash or check. At least someone could use the feature!

By: LeanLifeCoach

LeanLifeCoach — Sat, 13 Feb 2010 00:50:31 +0000

Just a thought… the social aspect for an adult is weird but what about for a kid? Grandma and Grandpa would probably enjoy the opportunity to contribute and the kids would have a lesson in managing a savings account!
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By: sahmCFO

sahmCFO — Fri, 12 Feb 2010 14:19:57 +0000

With 3 kids to save up for Christmas for – 4% is still better than the ING rate:)
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By: sahmCFO

sahmCFO — Fri, 12 Feb 2010 14:02:35 +0000

I was going to set up an ING sub-account for my “christmas gift fund”. But the retail bonus sounds very interesting. I would be in effect earning 12% on my money that I would be spending at Amazon.com. Great tip!
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By: FFB

FFB — Fri, 12 Feb 2010 13:42:37 +0000

I’ve been interested in SmartyPig because of the higher rates. The bonus on the gift cards is intriguing too!
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By: Daniel

Daniel — Fri, 12 Feb 2010 13:07:20 +0000

Amazon only gives 4%, but depending on where you shop, it can be more. I do a lot of my shopping on Amazon anyway, so next time I do, I may create a “shopping” goal and then stop it and cash out and earn the bonus. Who doesn’t love free money?