Internet Bank Offering 3% On Savings Accounts

ING, one of our internet banking sponsors, is doing very well. In the last 3 months it has added over 1 million internet banking customers. I just signed up for their savings account because it pays an annual percentage yield of 3%. ING is able to offer these high yields because its savings accounts are managed online. See posting: Finextra: Internet banking pays off for ING

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