ING Direct Raises Rate

ING Direct is now offering 4.0% APY on their savings account. The table of high checking and savings account rates has been updated, and ING is still on the bottom.

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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monocrat

Flexo, you might want to check out the newest entrant in the online savings game, Citibank.

samerwriter

It might be useful to include a few of the larger money market rates in the table, because they are quite competitive for people who meet the minimum (generally a few thousand dollars).

Particularly in a rising rate environment.

Of course they don't offer some of the benefits of banks such as ATM cards, but they do have check access which makes them very suitable for short-term savings or an emergency account.

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