Comments on: Comparing My ING Orange Account To Higher-Interest Savings Accounts. http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/ A place to discuss money...for the rest of us. Mon, 23 Nov 2009 05:09:30 -0500 hourly 1 By: dorado http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33313 dorado Thu, 25 Jun 2009 03:32:41 +0000 http://www.mytwodollars.com/?p=2101#comment-33313 Alliant CU is always on the top tier. I am a happy member since 1 year. They even have high interest checking. They have all point network ATM. Qualifying for membership is easy. Local PTA costs around $5. If you dont qualify for local PTA membership you can apply for national PTA membership which is around $20. Alliant CU is always on the top tier. I am a happy member since 1 year.
They even have high interest checking.

They have all point network ATM.

Qualifying for membership is easy. Local PTA costs around $5. If you dont qualify for local PTA membership you can apply for national PTA membership which is around $20.

]]> By: david http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33301 david Wed, 24 Jun 2009 02:12:03 +0000 http://www.mytwodollars.com/?p=2101#comment-33301 Never heard of them, will check them out. Thanks! Never heard of them, will check them out. Thanks!

]]> By: Cheapo http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33300 Cheapo Wed, 24 Jun 2009 01:51:23 +0000 http://www.mytwodollars.com/?p=2101#comment-33300 I too have been in the same position. Have you considered Alliant Credit Union? They have a higher rate as well, plus offer a way to deposit checks from your computer attached to a scanner. They have a larger ATM network too. No, I do not work for them. I too have been in the same position. Have you considered Alliant Credit Union? They have a higher rate as well, plus offer a way to deposit checks from your computer attached to a scanner. They have a larger ATM network too. No, I do not work for them.

]]> By: Mike http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33295 Mike Tue, 23 Jun 2009 18:41:56 +0000 http://www.mytwodollars.com/?p=2101#comment-33295 DollarSavingsDirect.com (a division of Emigrant Bank) dropped to 2% APY about the same time that ING dropped to 1.5%. I keep my emergency fund over there as they only have a savings account and ING is very good for the checking account. DollarSavingsDirect.com (a division of Emigrant Bank) dropped to 2% APY about the same time that ING dropped to 1.5%. I keep my emergency fund over there as they only have a savings account and ING is very good for the checking account.

]]> By: Andy Hough http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33293 Andy Hough Tue, 23 Jun 2009 17:05:31 +0000 http://www.mytwodollars.com/?p=2101#comment-33293 Ally Bank has been steadily dropping their rates the past few weeks. You might switch to find out that they are no longer paying much more than ING. I don't have enough money in my savings account to make it worth the bother but it might be worthwhile in your case. Ally Bank has been steadily dropping their rates the past few weeks. You might switch to find out that they are no longer paying much more than ING. I don’t have enough money in my savings account to make it worth the bother but it might be worthwhile in your case.

]]> By: david http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33292 david Tue, 23 Jun 2009 16:51:52 +0000 http://www.mytwodollars.com/?p=2101#comment-33292 WTDirect only pays 1.76% on balances over $10K - it's in the fine print. Not all my accounts have balances that high. And 1.50% is what I already get at ING. WTDirect only pays 1.76% on balances over $10K – it’s in the fine print. Not all my accounts have balances that high. And 1.50% is what I already get at ING.

]]> By: frugalchuck22 http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33291 frugalchuck22 Tue, 23 Jun 2009 16:40:24 +0000 http://www.mytwodollars.com/?p=2101#comment-33291 the fdic and the aba are forcing ally to pay lower rates. if you google ally bank you will see all of the reasons why. there are a couple other worthy accounts in my opinion. first is wtdirect (1.76) and second is fnbodirect (1.50). the fdic and the aba are forcing ally to pay lower rates. if you google ally bank you will see all of the reasons why.

there are a couple other worthy accounts in my opinion. first is wtdirect (1.76) and second is fnbodirect (1.50).

]]> By: Dawn http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33289 Dawn Tue, 23 Jun 2009 16:18:50 +0000 http://www.mytwodollars.com/?p=2101#comment-33289 I think the ING rate is low (I use them too, for the record) because their rate is tied to one of the central banking rates - Prime or LIBOR, both of which are very low right now. (In fact, for a recent business related loan with a floating rate tied to LIBOR, we were given a floor rate, meaning than even if LIBOR is lower than x, we still have to pay x plus our spread, because the bank said their cost of funds is higher than LIBOR right now.) Personally, I'm sticking with ING. I think the ING rate is low (I use them too, for the record) because their rate is tied to one of the central banking rates – Prime or LIBOR, both of which are very low right now. (In fact, for a recent business related loan with a floating rate tied to LIBOR, we were given a floor rate, meaning than even if LIBOR is lower than x, we still have to pay x plus our spread, because the bank said their cost of funds is higher than LIBOR right now.) Personally, I’m sticking with ING.

]]> By: david http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33286 david Tue, 23 Jun 2009 15:38:05 +0000 http://www.mytwodollars.com/?p=2101#comment-33286 I did - and I never heard back. Which is partially why I wrote this post. :) I did – and I never heard back. Which is partially why I wrote this post. :)

]]> By: Kathy http://www.mytwodollars.com/2009/06/23/comparing-my-ing-orange-account-to-higher-interest-savings-accounts/comment-page-1/#comment-33285 Kathy Tue, 23 Jun 2009 15:27:26 +0000 http://www.mytwodollars.com/?p=2101#comment-33285 Have you tried emailing Ing Direct and asking them why their interest rate is not longer the highest? Have you tried emailing Ing Direct and asking them why their interest rate is not longer the highest?

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