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 @flexo on Twitter and visit our Facebook page for more updates.
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Luke Landes founded Consumerism Commentary in 2003 and has been building online communities since 1990. Luke, also known as Flexo, has contributed to PC World Magazine, US News, Forbes, and other publications. 
