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ING Direct Proffers a Weak Attempt

September 28, 2005 07:21 PM PST

ING Direct raised its interest rate for its savings account today to 3.4% APY. It's a very weak move in response to Emigrant Direct upping its savings interest yield from 3.5% to 4.0%. I expect the other online banks will also raise their rates.

By the way, you can always find a collection of the highest-paying savings accounts here. I try to keep it as up-to-date as possible.

This post was brought to you by Consumerism Commentary. More comments (3) may be found here.mortgage calculator

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