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Savings Maximiser

Posted on January 22, 2010.
Savings MaximiserHow ING earn money from accounts such as "Maximizing the savings?

account I have proposed opening a "Maximize savings with ING, which has apparently no charge, but gives the PA of 6.25%. How can they make money from this? Are there other hidden charges?

They lend money at a higher rate, and the difference is their profit.

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