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Old 10-31-2007, 03:02 PM   #1
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Default Why does the ING "Electric Orange" (checking) account pay higher interest rates than the ING savings account?

The only difference I see is that the Electric Orange seems to offer more services. So why does it pay a higher interest rate?<br />Note, I think it pays a higher rate even for lower account balances.<br />

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Old 10-31-2007, 03:02 PM   #2
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Default Why does the ING "Electric Orange" (checking) account pay higher interest rates than the ING savings account?

They require minimum balance of $100,000 for the top rate. Right now 5%
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Old 10-31-2007, 03:02 PM   #3
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Default Why does the ING "Electric Orange" (checking) account pay higher interest rates than the ING savings account?

if you want an account that pays well with no minimums look at paypal, no minimums. now in regards to ing they are an online bank so no rent to pay o they pass the savings on to you, you will always get a better rate at an online account. paypal will give you a free debit account
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