We use ING accounts for to save for all kinds of things. It's so simple to set up as several savings accounts (sinking funds) as you like. So if you're saving for vacation just create an account for vacation. These accounts must be linked to a traditional bank account for transferring funds, but it's a great tool. They even have checking accounts using MasterCard.
If you missed it yesterday, here's the info on the Black Friday promotion (it ends tomorrow):
Earn up to $128 for opening a new account through ING!
ING is having a Black Friday sale of their own. Right now, when you open an Electric Orange account for the first time, you can get a $103 bonus! There is no minimum deposit required to open the account, but you will have to make a total of seven purchases using your Electric Orange card or Person2Person payments within 45 days of opening your account. Your $103 bonus will be deposited on day 50. Only one bonus per household. Details are here.
You can also jump start your kids savings when you open a new Kids Savings Account through ING. There is no minimum deposit required, and you get a $25 bonus just for opening the account! This offer is only valid for new customers. Details are here. I have opened a savings account through ING for each of my kids when they were born. It's a great way to get help your kids learn how to start saving money!Both of these offers are valid through 11/28/10.
FAQs
I have an ING Acct, will creating a kids acct count as a "new customer"? Absolutely!
Do you have to have a minimum amount to open the account? Nope!
Do you have to do direct deposit to open the account and get the bonus?
Nope! You do have to make 7 purchases using your check card (they can be pin-based, so you're using it like a debit or signature based where you're using it like a credit card) or person-to-person transfers (it can be a combination of the two as well)
Does ING have referrals? Yes, current customers can get $10 for every new customer that they refer and new customers still get the account bonsuses, too.
Once you've opened your account, you can "refer" the other members in your house. You can only have one Electric Orange account per household, but this will work for the savings accounts.
Thanks Melissa!
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