Once again, ING has lowered the interest rate if its Orange Savings Account. The rate has changed to 3.10% APY. This is a 0.3% reduction from the previous 3.40% APY. Though it seems unlikely, the interest rate for the Orange Savings account could move lower if the fed decides to reduce the benchmark rate at their March 18th meeting.

Tags: 3.10% APY, fed, ing direct, lower interest rate, rate reduction