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Originally Posted by BTC
I've already scheduled withdrawals from my ING account effective 04/17. The speculative 5% rate will probably go into effect on 04/16.
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Why would you withdraw
after the new promotion goes into effect? Your money would be considered "old money". It would be better to withdraw on 4/14, and then deposit all your money back on 4/17 after the new promotion is announced. That way all your money will be "new money". (But again, all this is hypothetical.)
ING really blew it on this promotion -- all it's going to do is encourage people to leave in order to get the next best promotion. Phone companies are notorious for doing this too. New customers get the awesome deals while existing customers are left for dead.