ING Direct - no worries ?

[rh71]

Well I just got $25 for opening up a new account via my fiance's link. She also got $10 for me doing so. She's got a healthy chunk of change in there and showed me how much she made in interest alone this past month. Well I finally decided to do it, but threw in only $10 from my bank's checking account just to test the waters. Anyone have any bad experience with them? "FDIC insured" covers our @$$ doesn't it?

 

[MrBond]

FDIC insures up to $100,000 I believe.

What kills me is people keep hundreds of dollars in paypal, but it's not fdic insured. That's just ASKING for trouble.

 

[Viper GTS]

3% won't make you rich any time soon, but it's better than most savings accounts.

For every $1,000 in the account you'll earn $2.50 a month.

Viper GTS

 

[RossMAN]

You should have gone through this link to get a FREE $50 bonus as opposed to $25 but oh well, free is free right?

Spooner was also paranoid about ING Direct and yes your money is safe since they are FDIC insured.

 

[crypticlogin]

Originally posted by: Viper GTS
3% won't make you rich any time soon, but it's better than most savings accounts.

Hell, I'd like to know which INGDirect you're banking at to get 3%. The website's been ringing up 2.75% (down from 3.25 when I first signed up) for the past month at least.

 

[RossMAN]

Originally posted by: tenchim

Originally posted by: Viper GTS
3% won't make you rich any time soon, but it's better than most savings accounts.

Hell, I'd like to know which INGDirect you're banking at to get 3%. The website's been ringing up 2.75% (down from 3.25 when I first signed up) for the past month at least.

I don't think Viper is aware that it's recently been adjusted (lowered) to 2.75% from 3.0%

But it still kicks ass over my bank which is paying under 1% and my Credit Union which is paying 2.0%.

 

[crypticlogin]

But it still kicks ass over my bank which is paying under 1% and my Credit Union which is paying 2.0%.

So true. I think my bank's being generous with 1.3x% and that's tiered. Now if I had deposited, say the GDP of Japan, that'd go up to 1.7%! :Q

 

[RossMAN]

Originally posted by: tenchim

But it still kicks ass over my bank which is paying under 1% and my Credit Union which is paying 2.0%.

So true. I think my bank's being generous with 1.3x% and that's tiered. Now if I had deposited, say the GDP of Japan, that'd go up to 1.7%! :Q

You should check out a local Credit Union and see what they're offering.

 

[Smolek]

last month i got a whopping .09 interest.

 

[rh71]

Originally posted by: RossMAN
You should have gone through this link to get a FREE $50 bonus as opposed to $25 but oh well, free is free right?

Spooner was also paranoid about ING Direct and yes your money is safe since they are FDIC insured.

Damnit you had to point out the $50 now didn't cha!? Well nothing I can do now... except use my family members' SSNs.

 

[RossMAN]

Originally posted by: rh71

Originally posted by: RossMAN
You should have gone through this link to get a FREE $50 bonus as opposed to $25 but oh well, free is free right?

Spooner was also paranoid about ING Direct and yes your money is safe since they are FDIC insured.

Damnit you had to point out the $50 now didn't cha!? Well nothing I can do now... except use my family members' SSNs.

I opened an ING Direct savings account, got my FREE $50.
My wife opened an ING Direct savings account, got her FREE $50.

Switched my long distance to AT&T will receive FREE $75.

Test drive 2003 Ford Expedition will receive FREE $75.

So far we're up to $250 in TAX FREE $$$

 

[jamesave]

Originally posted by: Viper GTS
3% won't make you rich any time soon, but it's better than most savings accounts.

For every $1,000 in the account you'll earn $2.50 a month.

Viper GTS

I thought it was 3%APR (Annual Percentage Return) so it should be divided by 12?

 

[rh71]

Originally posted by: RossMAN

Originally posted by: rh71

Originally posted by: RossMAN
You should have gone through this link to get a FREE $50 bonus as opposed to $25 but oh well, free is free right?

Spooner was also paranoid about ING Direct and yes your money is safe since they are FDIC insured.

Damnit you had to point out the $50 now didn't cha!? Well nothing I can do now... except use my family members' SSNs.

I opened an ING Direct savings account, got my FREE $50.
My wife opened an ING Direct savings account, got her FREE $50.

Switched my long distance to AT&T will receive FREE $75.

Test drive 2003 Ford Expedition will receive FREE $75.

So far we're up to $250 in TAX FREE $$$

So... you know all about how I'm looking for a house right? You wouldn't by chance be needing that $250, would ya?

 

[rh71]

Originally posted by: jamesave

Originally posted by: Viper GTS
3% won't make you rich any time soon, but it's better than most savings accounts.

For every $1,000 in the account you'll earn $2.50 a month.

Viper GTS

I thought it was 3%APR (Annual Percentage Return) so it should be divided by 12?

At the current 2.75%, it'd be $2.29 for $1000 in the account...

 

[RossMAN]

Originally posted by: rh71

Originally posted by: RossMAN

Originally posted by: rh71

Originally posted by: RossMAN
You should have gone through this link to get a FREE $50 bonus as opposed to $25 but oh well, free is free right?

Spooner was also paranoid about ING Direct and yes your money is safe since they are FDIC insured.

Damnit you had to point out the $50 now didn't cha!? Well nothing I can do now... except use my family members' SSNs.

I opened an ING Direct savings account, got my FREE $50.
My wife opened an ING Direct savings account, got her FREE $50.

Switched my long distance to AT&T will receive FREE $75.

Test drive 2003 Ford Expedition will receive FREE $75.

So far we're up to $250 in TAX FREE $$$

So... you know all about how I'm looking for a house right? You wouldn't by chance be needing that $250, would ya?

You do know that I just bought a $17,244 Honda Accord SE which I can't afford and I have A LOT of CC debt thanks to Hot Deals, right?

I thought so

 

[Joemonkey]

RossMAN, the $50 for opening the account is NOT tax free... its considered interest on the account, so you'll be paying taxes on it.

 

[RossMAN]

Originally posted by: Joemonkey
RossMAN, the $50 for opening the account is NOT tax free... its considered interest on the account, so you'll be paying taxes on it.

Ok I might pay a whopping $1-$5 in taxes, big whoopie but you're right.

 

[Bullhonkie]

No problems with ING Direct here. I've had an account with them since the beginning of the year and I've been able to transfer money in and out of the account without any issues. Sure beats the pathetic 0.5% from BofA or the 1.72% of my credit union.

Silly me didn't realize at the time that I could've made another $50, instead I ended up opening a joint account with the gf and myself. Oh well!

 

[rh71]

Just curious, that $50 hot deal link for the application requests the "page number" for the ad (or something like that)... are we supposed to guess or is that page number found somewhere in the 6-page thread you linked to?

 

[RossMAN]

I like cheese.

 

[Joemonkey]

Originally posted by: RossMAN

Originally posted by: Joemonkey
RossMAN, the $50 for opening the account is NOT tax free... its considered interest on the account, so you'll be paying taxes on it.

Ok I might pay a whopping $1-$5 in taxes, big whoopie but you're right.

Eh, i'm always right... you get used to it...

I just wanted to make sure come tax time you didn't start a thread titled "WHY DIDN'T ANYONE TELL ME I HAD TO PAY TAXES ON MY ING $50?!?! DANG ME AND MY LIKING CHEESE!!"

 

[RossMAN]

Originally posted by: Joemonkey

Originally posted by: RossMAN

Originally posted by: Joemonkey
RossMAN, the $50 for opening the account is NOT tax free... its considered interest on the account, so you'll be paying taxes on it.

Ok I might pay a whopping $1-$5 in taxes, big whoopie but you're right.

Eh, i'm always right... you get used to it...

I just wanted to make sure come tax time you didn't start a thread titled "WHY DIDN'T ANYONE TELL ME I HAD TO PAY TAXES ON MY ING $50?!?! DANG ME AND MY LIKING CHEESE!!"

You may be right this time but next time ...

 

[Keego]

I just signed up

 

[Nostrada]

Originally posted by: rh71
Just curious, that $50 hot deal link for the application requests the "page number" for the ad (or something like that)... are we supposed to guess or is that page number found somewhere in the 6-page thread you linked to?

I well over 18, are you?

 

[RossMAN]

I really like cheese.