ING Direct Orange Savings Account

[Safeway]

I was expecting them to at least match emigrant at 4.00%.

I am rather disappointed in this 0.05% increase.

 

[Otaking]

Sadly, my ING account is still gaining more interest than my mutual funds.

 

[TheTony]

I haven't heard a lot about how easy/difficult it is to open an account at ING. I know Emigrant tends to take a while, is Orange any different?

 

[Safeway]

Orange is quick. I had an account in 5 minutes.

If you want to sign up, PM me.

 

[Engineer]

Originally posted by: TheTony
I haven't heard a lot about how easy/difficult it is to open an account at ING. I know Emigrant tends to take a while, is Orange any different?

ING is by far easier than Emigrant and has a much easier to navigate website too.

Insert shameless whoring here <---- PM me for a reference if you want to open an account and gain the sign up bonus!

 

[Kristi2k]

Orange was really easy to setup... I just setup a CD account last night. When I started my savings account it was 3.40%.

PM me if you want to make $20 when you setup an ING account.

 

[DaWhim]

HSBC online saving >*

 

[TheTony]

Was the account funded that quickly?

I believe Emigrant is generally quick to set the account up, but getting it funded and finalizing setup (via snail mail) is what takes so much time.

 

[Engineer]

Originally posted by: Kristi2k
Orange was really easy to setup... I just setup a CD account last night. When I started my savings account it was 3.40%.

PM me if you want to make $20 when you setup an ING account.

As for the CD's, I've been debating upgrading to a few CD's but have been looking at the US Government I Series Savings bonds which currently have 6.73% rate. As long as inflation holds up (which it might not), the I-Bond rate is pretty darn good.

 

[Engineer]

Originally posted by: TheTony
Was the account funded that quickly?

I believe Emigrant is generally quick to set the account up, but getting it funded and finalizing setup (via snail mail) is what takes so much time.

ING accounts are funded quicker (in my experience) than Emigrant. ING will send you two small deposits (you get to keep) and you'll have to verify the deposit amounts. Deposits usually appear in several days. There is NO "snail mail" portion to ING direct.

 

[Safeway]

So is no one mad that it was such a tiny bump in APY?

 

[Engineer]

Originally posted by: Safeway
So is no one mad that it was such a tiny bump in APY?

Well, at least they have raised it. Emigrant still claims the highest rate when HBSC has had them beat for over a month. Still not a bad rate for the ease of use....ING is easier, IMO, to use than Emigrant.

 

[CKDragon]

Originally posted by: Engineer

Originally posted by: TheTony
Was the account funded that quickly?

I believe Emigrant is generally quick to set the account up, but getting it funded and finalizing setup (via snail mail) is what takes so much time.

ING accounts are funded quicker (in my experience) than Emigrant. ING will send you two small deposits (you get to keep) and you'll have to verify the deposit amounts. Deposits usually appear in several days. There is NO "snail mail" portion to ING direct.

Ha, I was surprised when Emigrant Direct took back their .13 and .16 cent test deposits that they made. Oh well, they're still .2 higher than ING on their APY.

Most people I know have an account at each. I was really hoping to see ING go up to 4% so we might get another response out of ED, but 'tis not in the cards, I guess.

CK

 

[Taggart]

Originally posted by: CKDragon

Most people I know have an account at each. I was really hoping to see ING go up to 4% so we might get another response out of ED, but 'tis not in the cards, I guess.

CK

I have accounts at both ED and ING. I'm really irritated that ED doesn't match HSBC. If you look at bankrate.com, there are now 2 banks with 4.25%! Remember when ED made the jump to 4%? That was a HUGE increase and even blew all the money market accounts out of the water. ED will do that again if they think it's necessary to bring in more accounts.

I think ING is satisfied with how many Orange accounts have been opened, and are being opened going forward as a result of the referrals and word-of-mouth. I know A LOT of people OFFLINE with Orange accounts, which is pretty amazing. I think they will lag with the other banks on the interest rate for the time being.

 

[Tiamat]

Originally posted by: Safeway
So is no one mad that it was such a tiny bump in APY?

Any bump is good

Its a lot better than my local savings bank at .25%

 

[Kristi2k]

Originally posted by: Tiamat

Originally posted by: Safeway
So is no one mad that it was such a tiny bump in APY?

Any bump is good

Its a lot better than my local savings bank at .25%

I agree... I was getting .10% with my local bank.

 

[Yossarian]

I want ING to have my babies.

 

[rh71]

Originally posted by: DaWhim
HSBC online saving >*

except for the fact that you can't login for 2-3 weeks after you signup. :|

 

[Dunbar]

Don't forget Capital One sitting at 4%.

 

[Engineer]

Originally posted by: Dunbar
Don't forget Capital One sitting at 4%.

I posted that in several thread (one in Hot Deals too)...anyone have any experience with them?

 

[ghostman]

Originally posted by: rh71

Originally posted by: DaWhim
HSBC online saving >*

except for the fact that you can't login for 2-3 weeks after you signup. :|

2-3 weeks? Did you do online banking with HSBC prior to signing up for the OnlineSavings?

 

[sniperruff]

Originally posted by: rh71

Originally posted by: DaWhim
HSBC online saving >*

except for the fact that you can't login for 2-3 weeks after you signup. :|

but i did get $25 for signing up.

 

[Playmaker]

I'm disappointed, as I was expecting at least 4%. I've been with them for 9+ months, but it appears as though they do not plan to ever match HSBC. I will be opening an HSBC account in the next couple of days and closing out my ING account into the HSBC as soon as I get all the HSBC mail.

 

[FrustratedUser]

Originally posted by: TheTony
I haven't heard a lot about how easy/difficult it is to open an account at ING. I know Emigrant tends to take a while, is Orange any different?

Orange is seriously quick and easy. IIRC I just had to sign up and send them a check for $1 to verify my info or something like that. I was up and running in a few days.

 

[Dunbar]

Originally posted by: Engineer
I posted that in several thread (one in Hot Deals too)...anyone have any experience with them?

I have a savings account with Capital One, I figured since they're a huge corporation my money was safe. The website is pretty basic but moving money back and forth between a bank account is easy. They do send you a lot of CC solitations once you're a customer.