Finally opened an ING savings account
Last night I opened up an ING Orange Savings Account. It’s about time, too, because this entire semester’s financial aid has been sitting in my Bank of America checking account, earning me nothing. I finally decided to make the switch because Bank of America holds onto my money for unknown amounts of time and doesn’t tell me why or when I will get it.
I had already switched my October money over to USAA because Don finally had his debit card for that account and I got my free checks.
The only reason I’m actually going to keep my Bank of America accounts open is because I have an automatic payment for my car that I haven’t gotten around to switching. I didn’t want to sign up for EFT in the first place, but the credit union that’s financing my car required it.
My favorite thing about USAA is the Deposit@Home feature. I simply scan a check and it gets deposited and is available for spending the next day. No having to deal with tellers and then not seeing the $200 cash I put in for three days (unless it’s over a weekend and then it’s more like five days.)
I’m still waiting for ING to verify that my USAA account is mine so I can deposit the rest of the money and start earning interest. It’s 4.3% APY, which is fairly high for an online savings account. I also haven’t heard any negative comments about ING, unlike WaMu and Capital One.
Anyone have any experience with ING? I wanted to get an Electric Orange checking account, but my credit isn’t good enough.
This page was last modified on November 10, 2007 @ 12:27 am
5 Responses
Smart move opening a savings account
Buhh I never had any money left to put on my savings account, but I finally found a nice part time job I can do next to following classes - so my saving money time has finally arrived ~ Uhm about ING well … I live in The Netherlands and my bank is part of ING … I can only talk about that, but woahhh I really like it XD it’s a very nice bank 
I hope all goes well with the bank things ~ xoxo
Congrats on the savings account. I have not dealt with that company. I don’t know if they are available in Canada. But from the commercials I have seen it sounds pretty good. I’m wondering if I can open up a savings account and put my student loan in there to grow…
Congrats. My only experience with banks is with bank of the west…I got a free savings and a checking account. Although the savings has pretty much just served as a extension of checking, cause I transfer funds over whenever I want lol. Not nessicarily a good thing!
I love my ING savings account.
It earns so much more than my old savings account.
Too bad I couldn’t refer you
No, I don’t have a logo yet. Why? Are you gonna make me one?!
I have one of those but in Australia. We are getting close to 7% over here for ING.