SmartyPig, the amazing online bank straight from the corn fields of Iowa, isn't ponying up as much as they once were. When the online bank, which is like Orange ING for Dummies, first launched it was offering over 3% interest. Now the APY just dropped to 2.01%. They blog about it here. As we keep learning over and over, if it's too good to be true, it is. (Although the pig is still higher than almost all the other online savings -- so we will love our Mid-western friends.)
Monday, August 17, 2009
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