ING Direct offers 1.50%APY for its Orange Savings Account. This savings account rate is quite low but still competitive compared to the national average.
This rate is accurate as of March 21, 2009 and there are no fees and no minimum requirements. All deposits are also insured up to $250,000 so money should be safe.
Please note however that ING Direct operates their business online, over the phone and by mail only. Read the About Us page of ING Direct to learn more about their business.
Update 7/3/09:
ING Direct Orange Savings Account rate is down by 0.10% or 1.40%APY.
Update 9/9/09:
ING Direct Orange Savings Account is down by 0.10%APY or 1.30%APY.
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