ING Account Bonus
Jan 17th, 2008 by Nut
Sign up for an ING Account with at least $250 and you’ll get a bonus $25, while I get a bonus $10. Just send me an email here and I’ll send you the link. I’ve been with ING for almost a year now and I’m very happy with the services they provide.
Why Open a Savings Account with ING?
Because of the savings rate. Most banks offer savings accounts with a savings rate of 0.5% (my Bank of America account offers that much), which is terrible. If you have $1,000 in a savings account, here is how much you would have at the end of the year:
With Bank of America: $1,005
With ING Direct: $1041
(to check out exactly how much money ING can make for you, use their handy calculator. It lets you enter how much money you’re putting in per month to see how much interest they’ll pay you)
ING is the perfect place to start and grow your emergency fund (at least three months of living expenses in case you get canned or something else happens) as well as keeping money that you don’t want to risk in the market because you will need it relatively soon (a down payment or the money you’ll use to buy an engagement ring, which is what I did).
Just as an example, I earned $219.39 in interest from parking my savings there. How great is that?
The other great thing is that the easy interface makes it really easy to navigate and set up automatic transfers from your regular bank account. I have $200 dollars taken out of my bank account (right after my direct deposit comes in) so I don’t even see the money. I just treat it like a bill and at the end of the year I have $2400 to use towards my Roth IRA or my travel fund.
When I first opened my account, I was nervous about putting money into an “Internet Bank,” but after reading about ING online and how easy and convenient it is (let alone how financially responsible it is), I signed up through a referral and had an extra $25 to grow.
What are you waiting for? E-mail me today or click here.
Open an ING account and get a $25 bonus!
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