Rating Summary
“great way for regular folks to save & earn a little”
- practical, not rich, paying cash, budget conscious, I believe in honesty, value conscious, a woman, saving a little, on a strict budget
- Pros
- High Interest Rate, easy to transfer funds
ING Direct Savings Account and CD's —
ING Orange Savings account & ING CDs online at INGdirect.com
A very close friend introduced us (me & hubby) to ING for a basic saving acct, and even now, when the markets have turned, I can still get a "decent" interest rate without having to plunk down tens-of-thousands-of-dollars into a CD or the basic Orange Savings account. We've had BOA as our checking for a long time, and still have a tiny savings w/them as well, but our extra $$ (when we have it) goes right into ING. I'm talking peanuts here folks! Good interest rates on Peanuts! LOL We're scraping to have an Emergency cushion, and most folks I know are like us, paycheck-to-paycheck but getting by. Nowdays, seeing teaser ads for brick-and-mortar banks, in order to get any kind of interest over 3%, require $10,000+ minimum opening deposits & then require 36+ month CD terms! Sorry, if I had that kind of money I wouldn't be in debt anymore! LOL BTW this is NOT a solicitation for me to refer anyone, but seriously they do offer referral incentives. Go ask your close friends and get a few extra bucks for each of you. :-)
NOTE: The reviewer indicated that they are a client of ING Direct Savings Account and CD's.
Last edited on Oct 16, 2008
