Comments on: ING Direct Drops Orange Savings Account Interest Rate to 1.30% http://www.americanbankingnews.com/2009/09/09/ing-direct-drops-orange-savings-account-interest-rate-to-1-30/ News and Information about Banks, Credit Unions and Financial Institutions Mon, 15 Mar 2010 19:34:33 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Chase Bank CD Rates http://www.americanbankingnews.com/2009/09/09/ing-direct-drops-orange-savings-account-interest-rate-to-1-30/comment-page-1/#comment-2180 Chase Bank CD Rates Fri, 20 Nov 2009 17:06:57 +0000 http://www.americanbankingnews.com/?p=653#comment-2180 Im also not a fan of ING, you can get better rates with other bank Im also not a fan of ING, you can get better rates with other bank

]]> By: Name http://www.americanbankingnews.com/2009/09/09/ing-direct-drops-orange-savings-account-interest-rate-to-1-30/comment-page-1/#comment-747 Name Mon, 05 Oct 2009 16:59:36 +0000 http://www.americanbankingnews.com/?p=653#comment-747 ING is still at 1.3%, but PNC Bank (Virtual Wallet) is still offering 1.75%. ING is still at 1.3%, but PNC Bank (Virtual Wallet) is still offering 1.75%.

]]> By: Z in DC http://www.americanbankingnews.com/2009/09/09/ing-direct-drops-orange-savings-account-interest-rate-to-1-30/comment-page-1/#comment-565 Z in DC Mon, 21 Sep 2009 16:09:31 +0000 http://www.americanbankingnews.com/?p=653#comment-565 ShoreBank Direct is offering 2.15% and Ally Bank is offering 1.75% online savings accounts. I moved my money to Shore Bank; who needs ING? No me! ShoreBank Direct is offering 2.15% and Ally Bank is offering 1.75% online savings accounts. I moved my money to Shore Bank; who needs ING? No me!

]]> By: Ronald http://www.americanbankingnews.com/2009/09/09/ing-direct-drops-orange-savings-account-interest-rate-to-1-30/comment-page-1/#comment-532 Ronald Fri, 18 Sep 2009 10:39:35 +0000 http://www.americanbankingnews.com/?p=653#comment-532 I joined ING when the interest rate on their orange savings was around 4%. I closed out all my traditional savings accounts and dumped all the money into ING. The interest was great compaired to what I was getting at my other banks. Now they keep dropping it to reflect changes in the economy. I'm only making a few dollars per month on interest now. What's the point? I might as well use my savings and pay off outstanding debt. The interest earned from letting it sit in there is just not worth it anymore. I joined ING when the interest rate on their orange savings was around 4%. I closed out all my traditional savings accounts and dumped all the money into ING. The interest was great compaired to what I was getting at my other banks. Now they keep dropping it to reflect changes in the economy. I'm only making a few dollars per month on interest now. What's the point? I might as well use my savings and pay off outstanding debt. The interest earned from letting it sit in there is just not worth it anymore.

]]> By: Martin http://www.americanbankingnews.com/2009/09/09/ing-direct-drops-orange-savings-account-interest-rate-to-1-30/comment-page-1/#comment-499 Martin Wed, 16 Sep 2009 14:22:15 +0000 http://www.americanbankingnews.com/?p=653#comment-499 Could be worse, here in Canada we're down to 1.05% from 1.2% and we don't have the investment amount tiered system that you have in the USA.<br><br>It's an unfortunate sign of the times we are living in, and the worse thing about it is that you are not even getting enough return on your investment to compensate for inflation. Could be worse, here in Canada we're down to 1.05% from 1.2% and we don't have the investment amount tiered system that you have in the USA.

It's an unfortunate sign of the times we are living in, and the worse thing about it is that you are not even getting enough return on your investment to compensate for inflation.

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