Anyone here have an account with INGDirect?

[aphex]

High interest, no fees, no service charges, no kidding.
With an Orange Savings Account, you earn a variable 2.30% Annual Percentage Yield (effective 01/31/03 ) on savings every day, with a level of flexibility, freedom, and security you simply won't find at other banks. And because your account is FDIC insured, your account is always secure.

No required minimum balances... ever.
There is no minimum balance required to open your Orange Savings Account, and you don't have to keep a specific balance in your account to qualify for a high interest rate. No matter how much you have on deposit, the rate is still 2.30% APY.

No fees. No service charges. No penalties. No hidden costs.
ING DIRECT's Orange Savings Account won't burden you with fees or service charges. Period. So you earn high interest on every penny you deposit.



Seems to be too good to be true... Whats the catch?

 

[isasir]

No catch. MANY people on the forums here have had 'em for years w/o any problem. Heck, my friend used to work for ING. PM me if you want a referral link. I believe we both get $25 or something. Been awhile, I can't exactly remember if this is even still going on.

Edit: Just checked, you get $25, I get $10.

 

[djheater]

Originally posted by: aphex
High interest, no fees, no service charges, no kidding.
With an Orange Savings Account, you earn a variable 2.30% Annual Percentage Yield (effective 01/31/03 ) on savings every day, with a level of flexibility, freedom, and security you simply won't find at other banks. And because your account is FDIC insured, your account is always secure.

No required minimum balances... ever.
There is no minimum balance required to open your Orange Savings Account, and you don't have to keep a specific balance in your account to qualify for a high interest rate. No matter how much you have on deposit, the rate is still 2.30% APY.

No fees. No service charges. No penalties. No hidden costs.
ING DIRECT's Orange Savings Account won't burden you with fees or service charges. Period. So you earn high interest on every penny you deposit.
Seems to be too good to be true... Whats the catch?

No catch. They're great. I've used them for a savings account for over a year. Set up a scheduled transfer from my savings account and have made several other transfers besides. All have worked flawlessly. I've never had to call.

 

[aceO07]

IIRC, the catch is that you can't do more than 5 withdrawals on that account per month or some limit on transactions. I liked it better when the APY was at 3%..

 

[isasir]

Originally posted by: aceO07
IIRC, the catch is that you can't do more than 5 withdrawals on that account per month or some limit on transactions. I liked it better whtn the APY was at 3%..

I got in when it was 6.25%.

 

[Spooner]

Originally posted by: RishiS

Originally posted by: aceO07
IIRC, the catch is that you can't do more than 5 withdrawals on that account per month or some limit on transactions. I liked it better whtn the APY was at 3%..

I got in when it was 6.25%.

does it stay at whatever rate you get it at?

 

[Wolverine27]

Originally posted by: aphex
High interest, no fees, no service charges, no kidding.
With an Orange Savings Account, you earn a variable 2.30% Annual Percentage Yield (effective 01/31/03 ) on savings every day, with a level of flexibility, freedom, and security you simply won't find at other banks. And because your account is FDIC insured, your account is always secure.

No required minimum balances... ever.
There is no minimum balance required to open your Orange Savings Account, and you don't have to keep a specific balance in your account to qualify for a high interest rate. No matter how much you have on deposit, the rate is still 2.30% APY.

No fees. No service charges. No penalties. No hidden costs.
ING DIRECT's Orange Savings Account won't burden you with fees or service charges. Period. So you earn high interest on every penny you deposit.



Seems to be too good to be true... Whats the catch?

No catch. I've used them for almost 2 years now...no problems whatsoever. The interest rate has always been higher than any of my money market accounts.

 

[RossMAN]

Before you open an ING account make sure to do the FREE $50 bonus offer.

 

[aphex]

Csn i easily make EFT transfers to my BOA Checking Account?

 

[Spooner]

Originally posted by: RossMAN
Before you open an ING account make sure to do the FREE $50 bonus offer.

do tell, as i am thinking of opening one myself

 

[aphex]

Originally posted by: RossMAN
Before you open an ING account make sure to do the FREE $50 bonus offer.

Of course! I was gonna PM ya about it, but i have 104/100 PM's and you aint on AIM

 

[RossMAN]

Originally posted by: aphex

Originally posted by: RossMAN
Before you open an ING account make sure to do the FREE $50 bonus offer.

Of course! I was gonna PM ya about it, but i have 104/100 PM's and you aint on AIM

I cleaned out about 300 PM's last night, it took a while but wow it feels so much better

Enjoy your free $50

 

[isasir]

Originally posted by: RossMAN
Before you open an ING account make sure to do the FREE $50 bonus offer.

Is this the Quicken deal from months ago? That's still around?

 

[Spooner]

tell me about this $50 deal!

and tell me if the rate is fixed once you sign up, or can the rate go up/down?

 

[isasir]

Originally posted by: Spooner

Originally posted by: RishiS

Originally posted by: aceO07
IIRC, the catch is that you can't do more than 5 withdrawals on that account per month or some limit on transactions. I liked it better whtn the APY was at 3%..

I got in when it was 6.25%.

does it stay at whatever rate you get it at?

Heh, I wish. If that were the case I'd stop drinking weekly at the bar and put that money into savings.

 

[Mutilator]

I also have an ING account and got in on the $50 deal. The rates aren't locked, all they've done is go down since I got my account. They'll probably go back up one day. 2.30% is still higher than most savings accounts.

 

[Wolverine27]

Originally posted by: aphex
Csn i easily make EFT transfers to my BOA Checking Account?

Yes. I have ING Direct linked to 3 other accounts. It's very simple to move money back and forth.

 

[Mutilator]

Originally posted by: Wolverine27

Originally posted by: aphex
Csn i easily make EFT transfers to my BOA Checking Account?

Yes. I have ING Direct linked to 3 other accounts. It's very simple to move money back and forth.

Just remember when you move money in you can't move it back out for 5 business days. It does accumulate interest during that time though. That's the only thing that could remotely be considered a "catch" that I've seen.

 

[SP33Demon]

yeah the free $50 has been in Hot Deals like forever. Do a search.

 

[Electric Amish]

Is it back up to 2.30%? It was down to 1.75% awhile ago just after I opened my account.

amish

 

[Alternex]

What about their CD accounts? Those give you a larger interest rate and it's locked in for the duration of the account (1 to 5 yrs, up to you at up to 3.75%). The interest rate is locked in and seeing how it'll probably keep dropping for at least a year this sounds like a good idea.
Or are there better places to put my savings if I don't plan on touching it for at least 5 yrs? I recently graduated from college and I plan on saving up $2K a month for a downpayment on a house about 5 yrs from now. Also, on the interest you gain, how much does the gov't tax from that?

thanks!

 

[FrustratedUser]

This sounds sweet. Got a few thousand to put there.
hmm.

 

[RossMAN]

For the FREE $50 ING Direct deal go to the FW Hot Deals forum, search for TurboTax and read davelin83's post.

 

[z0mb13]

Originally posted by: RossMAN
For the FREE $50 ING Direct deal go to the FW Hot Deals forum, search for TurboTax and read davelin83's post.

link please?? I cant seem to find it

 

[RossMAN]

Originally posted by: z0mb13

Originally posted by: RossMAN
For the FREE $50 ING Direct deal go to the FW Hot Deals forum, search for TurboTax and read davelin83's post.

link please?? I cant seem to find it

Sorry cannot link, a 1st grader could find it. Go to FW, click Forums, click Hot Deals search for TurboTax it's in there.