When I chcked my accounts late last night, it appeared that ING Direct had lowered the interest rate offered on its online savings account to 3.0% (APY). I’m not sure what’s going on, but every page on ING Direct’s website, including the Fash animation, had the lower rate quoted, and this is after previously looking at the account earlier during the day and seeing the 3.4% rate listed.
I know that ING Direct uses several different web servers and they’re not always completely synchronized, but it seemed as if the rate had been lowered to 3.0%. If you chase rates, I strongly suggest Emigrant Direct or any of the other banks on this list.
Updated February 6, 2012 and originally published October 27, 2005.