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A Look at Canada's ING Direct

Wednesday, September 8, 2010 - 12:29 PM
With the news of Canada's central bank raising rates, it had me wondering what Canada's ING Direct looks like. It's only for Canadian residents, but I thought it would be interesting to see how our rates compare.

The rates are a little bit higher. The Canadian version of the Orange savings account has a yield of 1.50% compared to 1.10% in the U.S. They also have a Tax Free Savings Account (TFSA) that pays 2.00%. TFSA is something we need in the U.S. (see my review).
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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