ING Lowers Rate… some more…
Man, they did it again…
I understand the reasoning, but that doesn’t mean that I have to like it. And this latest one, yesterday, was a biggie.
Interest Rate Change to 2.178% (2.20% APY)
Ouch.
Just two weeks ago the rate dropped to 2.374% (2.40% APY) from the 2.472 (2.50% APY) that it had dropped to just 3 weeks earlier…
And to think, it was just one year ago that I was complaining that the rate had dropped to 3.590% (3.65% APY). I’d take that in a second now!