PC Financial vs. ING: interest rates

I checked the PC and ING interest rates today, and I was shocked. PC Financial went down AGAIN. Then again, the last time I checked was back in March, so am I that surprised?

PC Financial is down to 0.5%, and ING is at 1.2%. That’s a huge difference! The smart thing to do would be to open up new savings accounts with ING and deposit my PC money there – then just keep on switching, depending on who has the highest interest rate. That seems like a lot of hassle, but then again, interest rates really don’t change that often … plus there isn’t a fee to transfer money around between the 2 bank accounts … and I do enjoy rate chasing. So we’ll see I guess.