ING Update

July 8th, 2006 | by Molly's Brother |

Even though I have discovered that other online banks are slightly more agressive with their APY for savings accounts, my APY for INGDirect just went up to 4.35%

I have found it to be a great online bank to park my money as I build up that emergency fund.

Open a savings account in under five minutes with no fees, no minimums and FDIC insurance

  1. 3 Responses to “ING Update”

  2. By Kira on Jul 8, 2006 | Reply

    Yeah, I know that basically all other major online banks have better rates, but really, I don’t have enough money to make it worth my while to switch, and I tried to use HSBC and they were a pain in the butt. Plus ING lets you create new accounts for whatever you want, and way back in 2001 they were the only place on the net that would give me a no fee, no minimum account with that kind of % rate. So they get props for that.

  3. By Molly's Brother on Jul 8, 2006 | Reply

    Kira–

    Thanks for posting. I think it’s incredibly helpful for others to share their own opinions and their own experiences with all the online banks. I’m sure your remarks will be useful to someone visiting these pages.

  4. By TheMiniDucky on Jul 10, 2006 | Reply

    I know a lot of people don’t care for Citibank but it does usually have a good signup incentive going on and now they have e-Savings accounts which are high-yield savings accounts (currently at 5%).
    I’m going to have to post my real list of pros and cons for Citibank soon …

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