Comments on: Online High Yield Savings Accounts Update- ING and HSBC Both Lower Interest Rates

By: RC

RC — Tue, 03 Mar 2009 05:09:38 +0000

You called it Andy! ING dropped to 1.65% today. I hope 1% doesn’t come too quickly, though!

By: andy

andy — Sun, 01 Mar 2009 00:34:14 +0000

The rates are even going to go lower…so 1% APY is not too far away.

By: RC

RC — Sat, 21 Feb 2009 01:52:30 +0000

@Weakonomist- I agree, I am not a big fan of signing up for a bunch of different accounts just to get a higher rate- too many places with my info. doesn’t seem like a great idea..

@FFB- Same here- I don’t have the time or the inclination to do that to get a slightly higher rate.

By: FFB

FFB — Thu, 19 Feb 2009 20:59:09 +0000

I’ve also been an ING customer for years now. Their customer service is top notch. And I really don’t have the time to chase after a few tenths of a point.

By: the weakonomist

the weakonomist — Thu, 19 Feb 2009 14:24:06 +0000

I’ve been an ING Direct customer since 2004, the ease of the system and the still high rate (relatively) have kept me a loyal customer. Plus the fewer banks that have my info the fewer people have access to my info.

Plus I don’t think HSBC will be able to keep up their higher rate over ING forever.