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ING direct accounts- compounding

T

TitanDiddly

Guest
Do these ING direct accounts that everyone raves about compound anually or continually? (Or other?)

Also, I know a lot of you guys are into referrals- I'm thinking about starting one.
 
Not to hijack your thread, but I want to start one too. What info do they require? Cuz i don't currently have a checking or savings account.
 
Originally posted by: Crono
Not to hijack your thread, but I want to start one too. What info do they require? Cuz i don't currently have a checking or savings account.
Click to expand...


I think you need a checking account, money is transfer automatically from that account.
 
Originally posted by: Jnetty99
Originally posted by: Crono
Not to hijack your thread, but I want to start one too. What info do they require? Cuz i don't currently have a checking or savings account.
Click to expand...


I think you need a checking account, money is transfer automatically from that account.
Click to expand...

Hmm. Any banks with good free checking?
 
The person who is referred gets $25 in their account at startup. The per who does the referring is given $10. Both require a waiting period before it can be withdrawn.
 
Originally posted by: Crono
Originally posted by: Jnetty99
Originally posted by: Crono
Not to hijack your thread, but I want to start one too. What info do they require? Cuz i don't currently have a checking or savings account.
Click to expand...


I think you need a checking account, money is transfer automatically from that account.
Click to expand...

Hmm. Any banks with good free checking?
Click to expand...

Washington Mutual
 
OK, monthly it is then. But how do I choose between the three referral offers? I ought to have a contest or something.

Also, what does 'accrue' mean? I know it means to add to- but how does that affect my balance?
 
Originally posted by: PhasmatisNox
OK, monthly it is then. But how do I choose between the three referral offers? I ought to have a contest or something.

Also, what does 'accrue' mean? I know it means to add to- but how does that affect my balance?
Click to expand...

It means its calculated daily, and then at the end of the month its all added to your account.

Youd get more interest in a month with 31 days than one with 30 days 🙂
 
Originally posted by: PhasmatisNox
OK, monthly it is then. But how do I choose between the three referral offers? I ought to have a contest or something.

Also, what does 'accrue' mean? I know it means to add to- but how does that affect my balance?
Click to expand...

I think you should base it on post count, title, or registration date.

😉

Viper GTS
 
Originally posted by: PhasmatisNox
OK, benefits sound good- but I still haven't found out how the interest compounds.
Click to expand...

I'm pretty sure the interest compounds daily. I check my account 2-3 times a week, and each time, the amount of interest that it shows that I've earned for the month has increased from the last time I checked.

JW

Edit: looking above, I stand corrected, I believe... compounds monthly, accrues daily. Got it, I think.
 
Originally posted by: Viper GTS
Originally posted by: PhasmatisNox
OK, monthly it is then. But how do I choose between the three referral offers? I ought to have a contest or something.

Also, what does 'accrue' mean? I know it means to add to- but how does that affect my balance?
Click to expand...

I think you should base it on post count, title, or registration date.

😉

Viper GTS
Click to expand...

Maybe I'll do politcal interests... conservative referals only! 😀
 
Originally posted by: PhasmatisNox
Originally posted by: Viper GTS
Originally posted by: PhasmatisNox
OK, monthly it is then. But how do I choose between the three referral offers? I ought to have a contest or something.

Also, what does 'accrue' mean? I know it means to add to- but how does that affect my balance?
Click to expand...

I think you should base it on post count, title, or registration date.

😉

Viper GTS
Click to expand...

Maybe I'll do politcal interests... conservative referals only! 😀
Click to expand...

Check here to verify political affiliation
 
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