ING Direct Raises Orange Savings Account Interest Rate to 4.50% @ ING Direct

[zenisque]

Is this ingdirect thing a big deal ?? I have used Presidential Bank Checking account (http://www.presidentialbank.com) for almost 2 years and they have been paying me 4.5% on my CHECKING account. And it is not some lame checking account with no internet features. Bill pay is among the best I have seen among tens of banking sites I have used over the years, including Citibank etc.

[crhoward]

Is this ingdirect thing a big deal ?? I have used Presidential Bank Checking account (http://www.presidentialbank.com) for almost 2 years and they have been paying me 4.5% on my CHECKING account. And it is not some lame checking account with no internet features. Bill pay is among the best I have seen among tens of banking sites I have used over the years, including Citibank etc.

ING Doesn't have a $1,000 minimum balance requirement to get the interest rate. ING also doen't have a $1,500 initial deposit requirement to open their accounts.

[bth3606]

I have a Orange account for about 2 years now. When I signed up I guess I told them to withhold tax but I don't see anywhere to change that option on their website. Anyone knows about this tax withholding?