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Good ING Direct News

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Good news for all ING Direct account holders. The bank has finally increased the rate on its savings account from 3.0% to 3.15% APY.

Unfortunately, they’re still behind Emigrant Direct (3.25%), UFB Direct (3.40%), Presidental Bank (3.75%), and some others. Read on for some of the text of the announcement.

On July 21, 2005 we increased the variable Annual Percentage Yield on the FDIC-Insured Orange Savings Account to 3.15%. That means it’s a great time to deposit and save more. Login today to ingdirect.com to deposit more.

This applies to all Orange Savings Account Customers no matter what your balance is or how long you’ve been saving with us.

Updated February 6, 2012 and originally published July 22, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .