
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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6 Comments so far
Not me, I let everyone else write about it for me. I’m that Lazy :-)…
ING…first to drop, last to increase.
“Now, how many personal finance bloggers are going to write about this in the next couple of hours?”
Resisting… the… urge… ;0)
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.
Capital One is going to drop their APY on High Yield MMA from 4.75 to 4.5% effective tomorrow.
Yea, I heard…but still better than 4.2%