Cash The Checks

A blog about online entrepreneurship, finance, business and making that money.

ING Raises Interest Rates
Saturday July 15th 2006, 11:55 pm - Category: Savings Accounts

I logged into my ING Savings Account today just to see the interest I’ve earned. To my surprise I saw my rate had gone up from 4.25% to 4.35%. This means if you put in 10,000 @ 4.25%, after 1 year you earn $425. Now with this new interest rate, you would earn $435. It doesn’t sound like much, but it’s a darn good rate for a savings account.

Now if only they had raised their CD accounts. I’m still seeing a 12 month CD at 5.25%. I might open an account one of these days…


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