ING DIRECT 2.25%APY

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octalon7

Member
Dec 2, 2004
28
0
0
Love to shoot some people some referrals. PM me.

I joined ING about 3 years ago I think, back when it was like 2.75 - 3% for the savings account. Their service has been great.
 
Aug 16, 2001
22,505
4
81
Originally posted by: Nick5324
Originally posted by: NoTalent
This is a dumb question....


How does the 2.25% work?

Is it 2.25%/12 per month? Or is it 6 times a year, or quarterly?

"Interest on your savings account is accrued daily, compounded monthly and credited to your available balance at the end of each month"

You get paid interest monthly but of course it it not 2.25%/month. It's 2.25% / year.
 

SP33Demon

Lifer
Jun 22, 2001
27,928
142
106
Hey guys, a local NJ bank called Liberty Bell Bank is giving 3% on savings account FYI
 

AnimEva

Diamond Member
Apr 2, 2000
3,298
0
0
there use to be some easy $50 sign up bonuses, it was just sign up and u are ready to go. dont seem to find those anymore.

I think ING got a lot of sign ups through those.

I have gotten my sister and 4 friends to sign up for ING. Word of mouth is a powerful tool.
 

rangav

Junior Member
Sep 6, 2004
24
0
0
Another satisfied customer with ING over 3 years. I am using this to park my 0% APR balance transfer money.
 

Ecliptic

Golden Member
Oct 15, 2000
1,421
0
0
i recently opened an ing account several months ago and couldnt be happier! the interest practically pays my cell phone bill. anyone wants a referral link, shoot me a pm.
 

gtd2000

Platinum Member
Oct 22, 1999
2,731
0
76
If you are not getting any luck finding referrals I have a whole page of them left too.

Just PM with your email address as per the rest of the people here.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
One of the best accounts I could have opened.

<----- Engineer does referrals too.
 

AnimEva

Diamond Member
Apr 2, 2000
3,298
0
0
I think ING can offer the high rates because they dont have many physical banks, lower cost as a result.

I did finally see a bank in Montreal, but never found one in the US.

It is great for the extra cash you have so you can save it with no risk.

There might be better ones and if anyone knows of any, that would be great to share.
 
Aug 16, 2001
22,505
4
81
Originally posted by: rangav
Another satisfied customer with ING over 3 years. I am using this to park my 0% APR balance transfer money.

I've considered doing that too but I ran the numbers but it turned out the gain was minimal all things considered.
 

paulmob

Member
Dec 8, 2003
127
0
0
I like the sounds of this, but there has to be some catch... or some reason that they can offer such higher interest rates than other banks, only thing I could come up with so far is that they don't have ATMs?

also--i need a referral
 

AnimEva

Diamond Member
Apr 2, 2000
3,298
0
0
I acutally put like 7K in a 0% CC, but it really isnt worth it because of after taxes and also hurts ur credit due to high credit balances.
 
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