ING CD Rates Update

February 2, 2010

Today, we here at Top CD Rates are going to give you a new update on the CD rates at ING Direct.

CD rates at ING Direct are generally at or better than the market standards in the US. The bank has however managed to attract customers due to its multitude of investment options and good customer services.

The company offers a complete online solution to customers where they can open their accounts without any delays. The certificate of deposit rates at ING Direct are calculated while keeping the national economic and financial factors in mind. All the rates are valid as of January 30, 2010.

ING CD Rates for an investment of six months returns an APY of 1.15%. A 9-month CD also offers the same rates at 1.15%. A 1-year CD at ING Direct returns an APY of 1.60%. An 18-month CD returns an APY of 1.50% for a basic investment of $1,000.

ING certificate of deposit rates for a 2-year CD are estimated at 1.50%. They are the same for a 30-month CD at 1.50%. Three year CD also offers an APY of 1.50%. A 4-year CD offers an APY of 1.75%. A standard investment in a 5-year CD will also return an APY of 1.75%.

ING Direct CD rates are the highest for four and five years of investment. ING does not offer the best rates as compared to some other companies. The company offers plenty of investment options other than the certificates of deposit. CD rates are subject to change as per the changes in national economic outlook.

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