Comments on: ING Direct “Added Value” CDs http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/ personal finance tips, tricks, and commentary Mon, 13 Feb 2012 01:36:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John DeFlumeri Jr http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/comment-page-1/#comment-135543 John DeFlumeri Jr Mon, 12 Oct 2009 01:40:44 +0000 http://www.fivecentnickel.com/?p=3590#comment-135543 Always nice to get the extra interest! Value added=YES Always nice to get the extra interest! Value added=YES

]]> By: Nickel http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/comment-page-1/#comment-135533 Nickel Sat, 10 Oct 2009 18:33:13 +0000 http://www.fivecentnickel.com/?p=3590#comment-135533 Bargain Babe: It's not great, but when you compare it to prevailing savings account rates, it's not too bad. For example, it's almost a full percentage point higher than the ING Orange Savings rate (2.25% vs. 1.30%). If you need a place to park cash for a year, you could certainly do worse. This is especially true given how many readers already have an account at ING, so they won't need to establish a relationship with a new bank to take advantage. Bargain Babe: It’s not great, but when you compare it to prevailing savings account rates, it’s not too bad. For example, it’s almost a full percentage point higher than the ING Orange Savings rate (2.25% vs. 1.30%). If you need a place to park cash for a year, you could certainly do worse. This is especially true given how many readers already have an account at ING, so they won’t need to establish a relationship with a new bank to take advantage.

]]> By: her every cent counts http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/comment-page-1/#comment-135530 her every cent counts Sat, 10 Oct 2009 08:03:44 +0000 http://www.fivecentnickel.com/?p=3590#comment-135530 I still remember the days, not so long ago, when they were promoting 5% + rates at the local chain bank. Bah. The stock market seems like a better place to put money these days, it's still pretty down. I still remember the days, not so long ago, when they were promoting 5% + rates at the local chain bank. Bah. The stock market seems like a better place to put money these days, it’s still pretty down.

]]> By: Bargain Babe http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/comment-page-1/#comment-135525 Bargain Babe Fri, 09 Oct 2009 22:28:53 +0000 http://www.fivecentnickel.com/?p=3590#comment-135525 Eh, 2.15%??? For that kind of money I'd rather keep my CD money in a high-yield money market account that is liquid so when rates jump I can take advantage. Yes, the percentage ranks the highest, but that doesn't mean it is a good deal. I'm curious, do you really think this deal is worth it? I couldn't quite tell from your post. Eh, 2.15%??? For that kind of money I’d rather keep my CD money in a high-yield money market account that is liquid so when rates jump I can take advantage.

Yes, the percentage ranks the highest, but that doesn’t mean it is a good deal. I’m curious, do you really think this deal is worth it? I couldn’t quite tell from your post.

]]> By: Miss M http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/comment-page-1/#comment-135521 Miss M Fri, 09 Oct 2009 19:45:30 +0000 http://www.fivecentnickel.com/?p=3590#comment-135521 They are offering the same deal if you renew a ING CD that is about to mature, I have one maturing at the end of the month and received an email about it. They are offering the same deal if you renew a ING CD that is about to mature, I have one maturing at the end of the month and received an email about it.

]]> By: Bobby http://www.fivecentnickel.com/2009/10/09/ing-direct-added-value-cds/comment-page-1/#comment-135519 Bobby Fri, 09 Oct 2009 19:09:34 +0000 http://www.fivecentnickel.com/?p=3590#comment-135519 Fantastic tip, thanks. Beats what I'm doing now. Fantastic tip, thanks. Beats what I’m doing now.

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