I still have cash at ING Direct, so maybe the strategy of staying on the bottom of the top works. The interest rate they offer is 4.25% APY as of this morning. While this is miles above the national average, they’re still at the bottom of the online savings list.

Updated June 16, 2011 and originally published May 31, 2006. 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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About the author

Luke Landes, also known as Flexo, 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 him and follow Luke Landes on Twitter. View all articles by Luke Landes.