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ING Direct

ING Direct Mortgage & Banking | Compare Mortgages | Banks

 
ING Direct Electric Orange Checking 0.86%
  • HIGHLY RECOMMENDED
  • 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
 

Read more about ING Direct and their Orange Savings Account.

 

 

Interested in trying out ING Direct?

This is a no hassle account. I opened up my ING Direct account and accidentally opened up two one savings and checking. After the accounts were open I noticed that the higher interest was in the checking account so I just put in a transfer to the checking from the Orange Savings and it automatically closed it out without any hassles with customer service. I love it when online banking is easy and things can get done without a mess of calls.

I recommend the ING Electric Orange Checking account to be best of breed checking along with E*Trade's product.

More About ING Direct Savings Accounts

ING Direct is more conservative about increasing their interest rate compared to the newer online competitors Emigrant Direct and Citibanks new high interest account. ING Direct is one of the premier online banks similar to Netbank but gets more conservative each year it is online.

Because ING does their business online, over the phone and by mail they do not have the overhead and high operational costs of other banks, so they can pass those savings onto customers like yourself. We recommend banks and mortgage providers ING, Everbank, Netbank, Virtual Bank, etc. for this very reason.

You would think there is a catch to these high rates on savings and money market accounts or low rates on loans but the proof is here. An Orange Savings Account has no fees, no minimums and one of the best rates in the nation. The Orange Mortgage has no application fee, a no-hassle application that is simple to fill out, and great rates that can save you thousands on your mortgage compared to 30-fixed mortgages. The ING unique approach to banking is backed by one of the world's largest integrated financial services organizations with over $700 billion in assets globally. ING employs over 112,000 people in 65 countries, including 15,000 in the US, and has been operating in America for over 100 years. ING also makes sure that your money is FDIC Insured up to $100,000 giving you further peace of mind. ING DIRECT, the operating name of ING Bank, is headquartered in Wilmington, Delaware with innovative ING DIRECT Cafe's in Philly, NYC, and LA where you can experience what Orange is all about! ING has over 1.5 million customers who save their money with ING DIRECT in the US, and the eight million customers served by ING DIRECT divisions in Canada, Australia, France, Spain, Italy, United Kingdom and Germany.

New Bank on the Block in Phoenix

ING Direct can now be found in Phoenix, AZ. Since opening in Phoenix, ING Direct has signed up over 26,000 residents. Even though most of us do not even require a drive-in bank you now have that convenience.

ING Direct Current Incentives:

  • $50 from ING direct and MS Money 2006
  • $50 from ING direct and TurboTax

 

ING Direct (INGDirect.com)

Routing Number: 031176110

E-mail: sales@ingdirect.com
Phone: 1-888-464-0727 (7 days a week, 8AM-8PM ET)
Deposit address:
ING DIRECT
P.O. Box 60
St. Cloud, MN 56302-0060

ING Direct not only offers banking but offers a great mortgage product.

  • Orange Mortgages are Adjustable Rate Mortgages (ARMs) and ARMs offer lower rates than 30-year fixed mortgages. Therefore Orange Mortgages can save you thousands of dollars in interest
  • NO FEES. Americans spent approximately $16 billion in bank fees and points on mortgages last year.
  • ING DIRECT customers spent $0 Fees/Points.
  • All 50 States except Texas and Tennessee


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