That’s the message of the email I received today from ING Direct, an online bank that I’ve banked with since 2004.
I thought since the recession is over and all that, excellent, CD rates finally worth emailing about. So what was the big reveal?
12 month CD at 1.25% APY
One Point Two Five Percent Ehhhh Peeee Yyyy
Are these guys serious? Their current savings account APY is 1.10%. Why would I want to lock in my money for a year at 1.25%? How is that even a crank-up?
Dear ING the recession is over. Please bring back savings and CD APY rates upwards of 4-5%.
Thank you!
Sungliedong says
Are you still a 20 something year old muser?
KChie says
yup! see post from 10/11/10