Quote:
Originally Posted by ZenQueen50
ING is pretty desperate to get new customers or keep their existing customer base. They're offering a CD, any amount, 6- and 9-month term at 3.3%.....
What surprised me the most was that there was no minimum required. The lowest dollar amount I've seen to open a CD was $500.
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You are right about the minimum, however, there is really not much point in opening an CD with less than $500, is there?
And, desperate or not, they may need to offer a little more incentive. Some other current offers:
GMAC 6 or 9 month CD 3.60% APY, 12 month 3.90% APY, $500 minimum
ELOAN 6 month CD 3.50% APY, $500 minimum
IndyMac Bank 12 month CD 4.15% APY, $5K minimum