Comments on: Current Checking and Savings Account Rates and More ING DIRECT Sign-Up Bonuses http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/ Save Money, Get Out of Debt, and Live a Frugal Life! Sat, 21 Nov 2009 02:16:04 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Elias http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-1318 Elias Fri, 02 May 2008 02:24:08 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-1318 Nice post....For financepuzzle.com, I mainly use an ING account. I have recently opened a BOA account to capture a $75 sign-up bonus... Nice post….For financepuzzle.com, I mainly use an ING account. I have recently opened a BOA account to capture a $75 sign-up bonus…

]]> By: Money Hacks Carnival #7 Real People Named Hacker Edition | http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-1070 Money Hacks Carnival #7 Real People Named Hacker Edition | Wed, 09 Apr 2008 14:03:39 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-1070 [...] presents Current Checking and Savings Account Rates and More ING DIRECT Sign-Up Bonuses posted at Prime Time [...]

[...] presents Current Checking and Savings Account Rates and More ING DIRECT Sign-Up Bonuses posted at Prime Time [...]

]]> By: Laura http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-884 Laura Wed, 02 Apr 2008 22:01:58 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-884 I've used a local credit union for the past 5 years in addition to my ING account. Now that we moved out of state, there are no local branches here. I switched to Wachovia. My husband uses them for his individual account and is happy. I don't qualify for a credit union that I wanted (good reputation and rates),so I went with someone that just works. I’ve used a local credit union for the past 5 years in addition to my ING account. Now that we moved out of state, there are no local branches here. I switched to Wachovia. My husband uses them for his individual account and is happy. I don’t qualify for a credit union that I wanted (good reputation and rates),so I went with someone that just works.

]]> By: Flexo http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-883 Flexo Wed, 02 Apr 2008 21:01:45 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-883 It's time for me to update the rates, too... thanks for the reminder. :-) It’s time for me to update the rates, too… thanks for the reminder. :-)

]]> By: PT http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-881 PT Wed, 02 Apr 2008 18:52:03 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-881 @JP - Thanks for sharing these options. @JP – Thanks for sharing these options.

]]> By: JP http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-879 JP Wed, 02 Apr 2008 16:45:14 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-879 I used ING Direct few years ago but switched to Emigrant Direct whose interest rate was about 75 basis points higher than ING at the time. Recently, Emigrant Direct has lowered their rates aggressively (in line with the fed rate cuts) and is now sitting below ING at 2.75% (ING is at 3.00%). I decided to do some research and found 2 solid internet based high yield banks and opened accounts at both companies (FDIC insurance puposes): 1) Wilmington Trust Direct (currently 3.31% - $10K minimum) 2) Capital One (currently 3.81% also $10K minimum). The application process was seamless and I did not experience any problems with either company. I think Flexo at consumerism commentary uses the same site but this is the link I use as a resource: http://www.money-rates.com/savings.htm I used ING Direct few years ago but switched to Emigrant Direct whose interest rate was about 75 basis points higher than ING at the time. Recently, Emigrant Direct has lowered their rates aggressively (in line with the fed rate cuts) and is now sitting below ING at 2.75% (ING is at 3.00%).

I decided to do some research and found 2 solid internet based high yield banks and opened accounts at both companies (FDIC insurance puposes):
1) Wilmington Trust Direct (currently 3.31% – $10K minimum)
2) Capital One (currently 3.81% also $10K minimum).

The application process was seamless and I did not experience any problems with either company.

I think Flexo at consumerism commentary uses the same site but this is the link I use as a resource:

http://www.money-rates.com/savings.htm

]]> By: PT http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-877 PT Wed, 02 Apr 2008 06:55:22 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-877 I was in your shoes about 2 years ago, Shanti. I still have an account with BOA and I pay all my bills out of there. I direct deposit the unneeded amount into ING though. Actually I put this in <a href="http://ptmoney.com/2008/01/05/10-things-that-bring-success-in-personal-finance-7-automatic-savings-and-bill-payment/" rel="nofollow">picture format</a> a while back. My only gripe with ING has been the slow transfer time...however, the Elec Orange checking account fixed that. I have a friend in banking who says that getting direct deposit is the number one deterrent for switching banks for most people. It's a pain to move dd and bill withdrawal. We're headed for one income in the fall...Mrs. PT is going back to school so I'll be moving completely away from BOA at that point. I'm not excited about all that customer service time. :( Thanks for the comment. :) I was in your shoes about 2 years ago, Shanti. I still have an account with BOA and I pay all my bills out of there. I direct deposit the unneeded amount into ING though. Actually I put this in picture format a while back.

My only gripe with ING has been the slow transfer time…however, the Elec Orange checking account fixed that.

I have a friend in banking who says that getting direct deposit is the number one deterrent for switching banks for most people. It’s a pain to move dd and bill withdrawal.

We’re headed for one income in the fall…Mrs. PT is going back to school so I’ll be moving completely away from BOA at that point. I’m not excited about all that customer service time. :(

Thanks for the comment. :)

]]> By: Shanti @ Antishay http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/comment-page-1/#comment-876 Shanti @ Antishay Wed, 02 Apr 2008 06:34:54 +0000 http://ptmoney.com/2008/04/01/current-checking-and-savings-account-rates-and-more-ing-direct-sign-up-bonuses/#comment-876 I would actually love to open an ING account because I am attracted to the sub-accounts feature... and I like that I can get a debit card for the checking. Right now I bank with Bank of America and will continue to do so until I pay off my last debt with them (BofA CC). I like my money there because all my auto bill-payments are already set up and I use Keep the Change and I actually save a lot of money through the program and blah blah blah I'm lazy and don't want to set up new banking right now ;) I also have a savings account with E*Trade which I like because their interest rates are pretty good, which is another reason I'm just staying put right now. But I think I may switch to ING within the year. In the end, convenience and laziness are keeping me where I am now, but I really loathe Bank of America for some crap they've pulled with me in the past and I see myself switching to ING within the year :) I would actually love to open an ING account because I am attracted to the sub-accounts feature… and I like that I can get a debit card for the checking. Right now I bank with Bank of America and will continue to do so until I pay off my last debt with them (BofA CC). I like my money there because all my auto bill-payments are already set up and I use Keep the Change and I actually save a lot of money through the program and blah blah blah I’m lazy and don’t want to set up new banking right now ;)

I also have a savings account with E*Trade which I like because their interest rates are pretty good, which is another reason I’m just staying put right now. But I think I may switch to ING within the year. In the end, convenience and laziness are keeping me where I am now, but I really loathe Bank of America for some crap they’ve pulled with me in the past and I see myself switching to ING within the year :)

]]>