ING direct accounts- compounding

[TitanDiddly]

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.

 

[Mayfriday0529]

Daily?

edit: i'll give you referal

 

[dabuddha]

YGPM

 

[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.

 

[akubi]

ING sucks.. it's always playing catch up. emigrantdirect is 4% and has all the same gimmicks

 

[fs5]

Originally posted by: akubi
ING sucks.. it's always playing catch up. emigrantdirect is 4% and has all the same gimmicks

except referrals.

 

[Mayfriday0529]

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.

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

 

[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.

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

Hmm. Any banks with good free checking?

 

[TitanDiddly]

OK, referral guys, I'd like to know the whole deal here- how does each party benefit from the referral?

 

[dabuddha]

Originally posted by: PhasmatisNox
OK, referral guys, I'd like to know the whole deal here- how does each party benefit from the referral?

YGPM again

 

[Sparke]

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 Both require a waiting period before it can be withdrawn.

 

[TitanDiddly]

OK, benefits sound good- but I still haven't found out how the interest compounds.

 

[Skunkwourk]

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.

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

Hmm. Any banks with good free checking?

Washington Mutual

 

[TitanDiddly]

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?

 

[GoingUp]

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?

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

 

[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?

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



Viper GTS

 

[JW310]

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

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.

 

[TitanDiddly]

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?

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



Viper GTS

Maybe I'll do politcal interests... conservative referals only!

 

[suse920]

heh i have refferals as well $25 for you $10 for me

 

[Kalbi]

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?

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



Viper GTS

Maybe I'll do politcal interests... conservative referals only!

Check here to verify political affiliation