Online savings account with ING Direct

ING Direct is an online-only bank. The Orange Savings Account is the one to note for the investors as the APY is considered to be one of the most appealing with regard to the current financial market. The rates are constantly changing and the bank’s website happens to the best available resource to obtain information details. The mode of operation of ING Direct is pretty simple as one is not required to pay any service charge or face stringent balance requirements. An account can be opened with just $1! The investor’s existing checking account with another bank can be linked with the ING Direct account and move his money back and forth in both the accounts. This is done by requesting a transfer after logging in.

The ING Direct Electric Orange Checking account pays handsome interest for savings deposits. Then, I the consumer is interested in business savings, there is an option of the ING Direct Orange for Business. Apart from these no-frills savings accounts, there are several other equally likable investment options available with the ING. There are these CDs with highly competitive rates ranging for a period of 1-5 years along with mortgage or home equity loans for people in need. Say, the moment you get to earn a high interest amount, you can straight away zap it into a CD and get ready for some supplementary benefits as well.

Written by srini on September 24th, 2009 with no comments.
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