Financial Information
Why does the ING “Electric Orange” (checking) account pay higher interest rates than the ING savings account?
Question : 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?
Note, I think it pays a higher rate even for lower account balances.
checking account rates
Best answer:
Answer by pumpdatiron
They require minimum balance of $ 100,000 for the top rate. Right now 5%
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