Ready to take a step towards financial security with an online savings account but confused by the options? So was I.
But today everybody is jumping on the high interest rate savings account bandwagon, and you don’t want to click away your money to just anybody.
Some banks advertise ridiculously high interest rates but actually have high minimum balances and - yikes - even hidden fees. Unless you’re investing bundles, those fees and requirements will make certain your savings don’t go anywhere in a hurry.
No thanks!
You want an online banking partner that is:
Established Secure Honest User-friendly
After doing some research, I have found there is one such bank, and it’s where I save my money.
Not surprsingly, it’s ING Direct.
The Orange Savings Account pays high interest and you will never pay a fee of any kind!
Not to mention:
There are no minimums to open an account Your money is FDIC insured Opening, funding, and withdrawing money couldn’t be easier! You get an optional FREE interest-bearing checking account!
Ten years ago few people could imagine taking their hard earned money and giving it to a bank with no tellers, no branches, and no ATMs. ING Direct believed they could change that, and ING was right. Today banks large and small offer online-only savings accounts with interest rates between four and six percent.
Paying a 4.5% annual percentage yield (APR), the ING Direct Orange Savings Account is simple to open, fund and use, and the bank puts a premium on security with cutting-edge measures to ensure your account numbers and pin are kept private.
To open an account you simply need a checking account from which to transfer money, and the process takes just about five minutes. Once your account is open, your checking and ING accounts are “linked” and money can be transferred back and forth at any time. If you choose, you can link up to two additional accounts to your savings account.
The best way to fund your savings account is by “paying yourself first” – putting money into savings as soon as you get paid – and ING makes it easy with their automatic savings plan feature. Just choose how much you want to save and how often, and money will automatically be transferred to your account on a recurring basis.
Need to get at your cash? You can request a withdrawal online 24 hours a day and the money will be sent to your checking account within a day or two. If you need ATM access, ING has a free online checking account option that includes a MasterCard debit card and also pays great interest on your balance.
Multiple Accounts for Multiple Goals
ING gives you the option of setting up multiple accounts, or sections, within your account to help you save for different goals. So you can build up an emergency fund, save for your tropical getaway, and start putting away for that new car within the same account.
ING Direct makes saving easy, rewarding, and fun, and there’s no risk or fees involved. Remember there’s no minimum to open and account and it takes just minutes.
Imagine all the things you could be saving for. Why not start today?
