Most people have some sort of savings account, and if you do then your bank will probably give you about 1.5% annual return on the money you keep in your account. The average national interest rate for a savings account is usually between 1.5% and 2.5% which is ok I guess if you’re not really trying to earn interest and don’t care about it. There is a bank account where you can earn substantially more on your money’s interest if you open an account with Ing Direct . Ingo Direct gives 4.5% interest rate savings accounts, which is phenomenal if you compare other rates offered by local banks.
So who is Ingo Direct and how can they offer so much interest on savings accounts? Ingo Direct is not like other banks that mainly do all their business online, by phone and by mail. Since there is not much overhead cost associated with their operation they are willing to pass the savings on to their customers. Ing Direct is supported by ING, a global financial institution of Dutch origin offering financial, insurance, and asset management services to more than 60 million private, corporate, and institutional clients in more than 50 countries. Ingo Direct is also a member of the FDIC (Federal Deposit Insurance Corporation) which guarantees bank deposits up to $100,000 . So you know your money is safe and you can trust this company.
Ingo Direct offers the best rate on savings accounts at 4.5% annual yield. I looked everywhere, and I didn’t see any bank offering anything close to this rate. You can’t beat this rate with a normal bank, so I suggest you open an Ing Direct savings account today. Ing Direct will also give you $25 to join if your initial deposit is over $250, free money. Also, if you refer a friend who joins Ingo Direct you will get a $10 reward, that is, how many other banks do you know that offers these types of rewards and great interest in a savings account?
The Ingo Direct account is very easy, I did it online; you just go to www.ingdirect.com and click on open account. Check the account, which is linked to a personal checking account at another bank; You have to transfer money to your Ing Direct account. You can open an account by email, I’ve never done this, I assume it’s just as easy. You can open your Ing Direct account with as much money as you want, there is no minimum balance required. There is also no payment system, no tasks, no penalties, no hidden costs, this system is amazing. I added to my account on a weekly basis and racked up interest. It remains to be advised that you check this one if your bank charges any fees to transfer money to another bank account , that is the only fee associated with Ingo Direct and it is not the fault of Ing Direct that your bank charges you. My no bank fees for this account is completely free and I only got $25. $100 free cash on my first deposit and two $10 referral bonuses. This is seriously one of the best bank accounts I’ve ever had.
Therefore, although there are many advantages with Ing Direct, I need to know about a few aspects that some people may be worried about. First, your initial deposit cannot be withdrawn for 10 days, so make sure you put the money you won into a substantial amount. t need to cash for at least ten days. Access to your bank account 24 hours a day via the internet and from 7am to 9pm 7 days a week. The only problem with this is the time-consuming process of getting the money from the Ing Direct account to your checking account; It’s about 24 hours, but it can take up to 48 hours so make sure you give yourself enough time if you need to take some money from your account. In serious cases if you call the phone the right support, they will help you immediately in getting your money but you will have to ask why you need money so quickly let it be. These are only slight withdrawals in my mind, since I want the money to remain as inviolable as possible. Others might find this reason far from Ingo, which is understandable and that’s why I’m telling you about this Ingo Direct savings account.
Ingo Direct also provides other services to its customers such as cheap home decor loans and CD writers. I haven’t really explored other accounts besides savings, but since I was impressed with the savings account, I’m sure the other services are just as good.
Another good thing about Ing Direct is their website, its very easy to navigate and intuitive. At first getting it all started and setup was long and extensive, but I was glad to have such security implemented. Ing Direct takes the security of user accounts very seriously and has many steps in place to protect your money. Ing Direct also offers you many options to set up your account, such as instant deposits, you can automatically enter deposits into the account. This is good for those who only want the amount to go out every month or week, it’s automated and you can just forget about it. Overall, this is the best savings account I’ve ever had, mainly because of the high investment and money I earn and the free cash bonus they offer. I think everyone should sign up for an Ing Direct account, even if it’s only for 30 days, because it will cost you $25 dollars in cash. What do you have that you lose?
