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.
Updated June 16, 2011 and originally published March 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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Flexo, you might want to check out the newest entrant in the online savings game, Citibank.
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.