Ok, I%26#039;m really dumb when it comes to banking and financing. But a few weeks ago I opened an Orange Savings Account with a 4.5% interest rate. I sent check the other day and I was checking to see if it went through yet. It didn%26#039;t go through yet, but I saw that the interest went down to 4.3%. Is that for my account, too, or will I get to keep the 4.5%? Not that a .2% is a big deal, but it could keep going down, I guess. So what do you think?
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First your not dumb so please don%26#039;t say that about yourself, however you seem to be uninformed/uneducated on this topic.
The % you see is the most current and applies to all active accounts of that nature. I also think you should look into opening a Paypal Money Market account it pays a higher return and it%26#039;s really easy to get money if you need it.
Another banking question?
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ING cut their savings interest across board so everyone with your kind of account got a new lower interest rate. Some people are upset and switching other online banks but if you like ING I say stick with them. You actually are smart for opening an online account compared to brick and mortar banks.|||There are fixed rate accounts and variable rate accounts..call them and ask which type you have...........
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