I wrote about why I like ING here.

They’ve raised their rate from 4.15 to 4.25 percent. It’s not as competitive as a few online banks out there, but it’s within half a point.

So why would a dollarscrounger pass up on half a percentage point of interest? Here are a few reasons:

• Their account opening process is completely online
• They employ extremely high security measures
• Their user interface is the best in the business
• You can setup timed automatic withdrawals and deposits, monthly, every two weeks, next year on January 3rd one time, etc.
• You can open an unlimited amount of ’sub’ accounts that are absolutely perfect for Rainy Day funds (and it takes about 30 seconds to open each one - all online, no hassle)
• You can transfer money between your subaccounts with ease
• I have never once read a complaint online about ING regarding customer service, deposit times, withdrawal times, etc. The only negative people have to say is that their rate isn’t the highest.

In my opinion, I’m paying ING a half a point to get the absolute best online savings account servcie available.

Thus, my money’s staying with ING.

If you haven’t started your emergency fund yet, or are leaving too much money in accounts with too little interest, I suggest you sign up right now.