will ING rates go up?
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will ING rates go up?
| Fri, 01-27-2006 - 1:52pm |
Just wondering, I have noticed that a few other online banks such as Emigrant and HSBC (or whatever the heck letter it is, lol) have jumped their rates up to 4.25%. ING is still holding at 3.80% but they have a promotion going for the next few months that new deposits will earn 4.75%. As much as I love my ING account, I find myself envious of the slightly higher rates. Do you think ING will bump up the APY soon to match the competitors? Any thoughts on this?
Aerandel

Hello Aerandel,
I have noticed that Ing Direct has bumped up their rates every 6 months for the last two years, so I have no doubt that they will soon be catching up to the competition.
Sincerely,
Lindsey Schocke
Sincerely,
Lindsey Schocke
Geeks on Tap: Mission Accomplished
IMHO, I think they will go up too. Their Winter Savings rate is pretty good, 4.75% APY on all new deposits until April 15th. My local bank is paying .50% (yep, one half of one percent) I took advantage and made a transfer last night!!! I like the fact that ING is having specials for Existing customer. A lot of times the fine print on "specials" are for new Customers only.
Susan
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