Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

ING Direct Cuts Rates - Second Time in February

Thursday, February 18, 2010 - 10:57 AMING DIRECT - Details
Orange Savings Account rate fell from 1.20% to 1.15% APY. Electric Orange's top rate fell from 1.40% to 1.35% APY ($100K balance). The second tier also fell by 5 basis points. 12-Month CD rate fell from 1.50% to 1.25% APY.

Refer to my ING Direct review for more info.

Hat tip to the reader who mentioned this in the Open Discussion Thread.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,611
1. Thursday, February 18, 2010 - 6:39 PM
why dont they just lower it to 0%, since they are just making people transfer their money out anyway.

this makes me laugh becasue wasnt it INg a few years ago who closed their customers acct's who called them too often.
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,950