ING Direct is better than the Big Banks

ING Direct is better than the Big Banks. Check out these numbers.

These are the rates on CDs from the the big banks.


Bank of America: 0.10% APY on all balances

Wells Fargo: 0.05% on balances up to $25,000

Citi: 0.25% with a $500 minimum balance

JPMorgan Chase: 0.01% all balances

Now , ING has rates for CDs starting at 1.25 APY . What are your banks rates for CDs ?

ING rates for there Savings Accounts start at 1.25 APY . And there Orange Checking accounts start at .25 APY up to 1.45 APY.

Why are these rates so great for ING ? And why are Big Banks fail on their rates ?

The Answer is Greed . The Big Banks are Greedy.

I just opened up a CD with ING , I already have a Savings Account with them as well. I also buy Stocks through there ShareBuilder account.

One of the CD plans with ING , is you can set up a Ladder of CDs. 6 mths 12 mths, 18 mths, 24 mths. And so on. And you can them have roll into eachother after their term.

Just another great way to make good money off your investments.