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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.
1
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,077
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.
1
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,920
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