Quote:
Originally Posted by shultice24
ING is paying 1.3% right now on regular savings, and for me and the few pennies that I have, the difference between 1.3% and 2% unfortunately doesn't add up too terribly fast.  |
It is true that the amount involved makes a difference. I just finished opening a $6,000 CD at 2.05%. That's about an extra $45 over an account earning 1.3%. Plus, the 2.05% is fixed and guaranteed for 12 months. The 1.3% could possibly go down. Since it is money I won't be needing, I'll take the higher rate.