I have been using ING for 3 or 4 years now because their rates have been pretty good and moving money around is fairly painless. A couple of jobs ago I got laid off and used the severance money to start a CD Ladder. It was working quite well because the rates were often about 1% or more higher than their standard savings account rates.
Then came this month. I had a CD renew at 1.5%. At the time of renewal, the savings rate was 2.4% (it dropped yesterday to 2.2%). It does not make any sense (or cents, heh) to keep the money in a CD making over a half percent less. I canceled the CD and will let the money sit in my savings account until the rates improve.
If anyone does have CDs coming to term, you might want to check on them to make sure you are not getting the interest rate shaft…