You get a great rate at 0.86% APY when your balance is just one dollar over $100k on your entire balance. This is better than MOST savings or money market accounts.
Rate of 0.86% APY when you carry a $50,000 bal.
Rate of 0.25% APY if your balance is below $50,000
Friendly customer service
Simple online interface
Only negative: No paper checking which is about to change since they are currently testing and may roll it out to consumers in mid-2009. You do get free online bill pay.
Free ATM Network
$50 Bonus if you open an Electric Orange and make a total of 3 Card purchases or Person2Person Payments (or any combo of the two) within 45 days of account opening.
Note that ING Direct is now Capital One 360 – more to come soon!
ING Direct – High Yield Savings at 0.85% APY
Great Rate. No Fees. No Minimums.
Variable 0.85% Annual Percentage Yield on savings every day
No need to change banks – Your Orange Savings will be automatically linked to your current checking account
Access your account around the clock via ingdirect.com
Open and fund your account online in under 5 minutes
Great rates on Orange Mortgages too!
Money Market Magazine calls it “the best Money Market in the Country”
Works great with Microsoft Money, Turbo Tax and other great accounting programs