Updated: ING Direct Raises Orange Savings Account Interest Rate to 4.40% - ING Direct

[GottaDEAL]

<a href="http://www.gottadeal.com/Deal/16151" target="_blank"><img src="http://www.gottadeal.com/images/storelogos/ingdirect.gif" border="0"></a><br /><br />ING Direct has once again just raised their rate of interest for their Orange Savings Account to 4.40%. ING Direct is FDIC insured just like other banks are but since they are a .com with no physical branches there is little or no overhead. Savings are therefore passed on to their customers - that would be you. No minimum deposit, No hidden fees or service charges and get 24-hour access to your account.<br /><br /><a href="http://www.gottadeal.com/Deal/16151" target="_blank">ING Direct Raises Orange Savings Account Interest Rate to 4.40% - ING Direct</a><br /><br />

[Brad]

Rate raised to 4.40%. Not much, but it's something...

[Baby Cheapskate]

I love ING. I've been a member for years and the rate just keeps going up and up! The only disadvantage I see is that it takes a few days for transfers to go through...

[conj]

my local bank doesn't up rates this often!

[Ripn]

my local bank doesn't up rates this often!

 

My credit union still pays only 0.25% on savings. I believe this has stayed the same for a few years now!

[duls89]

This offer looks very interesting? Can someone who has this or knows about this give me details or direct me to some place I can read up on it?

[RossMAN]

This offer looks very interesting? Can someone who has this or knows about this give me details or direct me to some place I can read up on it?

Click this link for more information and to sign up :)

[conj]

My credit union still pays only 0.25% on savings. I believe this has stayed the same for a few years now!

I think my CU is at .5 for savings accounts and .25 for checking. :)

[stacebabe]

I have 5 accounts with ING. I love them. a $250 deposit.

 

I like it because I don't WANT instant access to my money. It takes 2-3 days to transfer back into your checking account, which makes me think twice about withdrawls. You can't beat the interest rate either.

 

This offer looks very interesting? Can someone who has this or knows about this give me details or direct me to some place I can read up on it?

[ryejay98]

My checking account pays 1%...

 

I'm very happy with ING... altho... the other banks (emmigrant for example) seem to be over 5%...

 

ah well, with the little I have in savings, its not a big deal.

[inogenius]

I like it because I don't WANT instant access to my money. It takes 2-3 days to transfer back into your checking account, which makes me think twice about withdrawls. You can't beat the interest rate either.

That's exactly why I have the ING account. If I have it in the checking's, the money will get spent on something dumb. With the ING account I have about 60% of my paycheck go there, and then I live like a bum on the other 40%. You get the temptation to transfer the money, with the week that it takes to transfer it around, it's just not worth it.

[Lubby]

I use INGDirect as my "long term" savings account. I have my other account at a local bank, which pays peanuts, but I don't usually keep a lot of money there anyway, any money that isn't tagged for bills, or purchases goes to INGDirect to collect that interest.

 

I was so shocked after the first month having my ING account and seeing the $1 or so of interest I made (and no fees), which means I actually increased my money while it sat at the bank. I don't remember the last time that the transaction fees or services fees didn't take as much or more of the interest.

 

Great bank, 24/7 phone support is awesome to.

[Brad]

If anyone is looking for a referral for ING, you can post in this thread:

 

http://forums.gottadeal.com/showthread.php?t=45139

 

Please no discussion of referrals in any other thread. Thanks :)

[USC Becca]

if you search for ING or HSBC (see the "Search" button towards the right on the blue bar at the top, you will find many, many threads that have gone over this before. Please do not re-hash this issue. This thread is about ING Direct rates, and will continue to be about that.

 

Am I missing something? Why not go with HSBC on-line, they are paying 5.05% for a savings account. I admit that the sign up process is somewhat cumbersome, but once you are past that, their site is pretty easy to use.

[MrsHoneybee]

I'm very happy with ING. :)