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ING Lowers Rate Again, But I Already Moved A Chunk Of Money To Cap One Last Month.

ING just lowered their interest rate to 4.2% from 4.3%, and although it is still a great account to have, I did move a chunk of my money to a Capital One MM account. That account as of right now is still earning 4.75% interest, so even if they dropped it, it would not go down to 4.2%.

Now, how many personal finance bloggers are going to write about this in the next couple of hours? A lot….you watch 🙂 We all do it!


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Comments (6)

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  1. Lazy Man says:

    Not me, I let everyone else write about it for me. I’m that Lazy :-)…

  2. Tim says:

    ING…first to drop, last to increase.

  3. Brainy Smurf says:

    “Now, how many personal finance bloggers are going to write about this in the next couple of hours?”

    Resisting… the… urge… ;0)

  4. Syed says:

    I have my savings at amtrust. What do you think of that bank, considering they still offer more than 5% interest on savings in their money market account.

    Please let me know.

  5. FIRE Finance says:

    Capital One is going to drop their APY on High Yield MMA from 4.75 to 4.5% effective tomorrow.

  6. david says:

    Yea, I heard…but still better than 4.2% 🙂

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