ING Direct Checking Account

[Waz]

Does anyone here have one of these? I'm looking into getting one, as they are advertising a 4% APR on their Orange checking account. Seems like it has all of the necessary features for a checking account - checks, wires, ATMs, etc.

Anyone know of any downfalls?

 

[Waz]

Maybe these aren't as popular as I first thought? Anyone?

 

[whalewager]

yeah i got the mailing too

 

[LEYKIS101]

Thanks for posting, Waz, I will have to look into it. I didn't even know ING offered a checking account, I love their savings account though. Likely it's a good product too.

 

[ivyconniver]

they only have E checks (billpay) i think. No paper checks, meaning you can't pay your rent with this account. It does have an atm card and all that though.

I'll stick with my normal bank of america checking acct, and continue to keep it at a low balance siphoning any extra to my ING savings.

 

[oldirtyku]

Why not just get a citibank checking account and link it with a eSaving account (4.50%)?

You can transfer money back and fourth in a matter of seconds.

 

[sunnyblue100]

Does anyone here have one of these? I'm looking into getting one, as they are advertising a 4% APR on their Orange checking account. Seems like it has all of the necessary features for a checking account - checks, wires, ATMs, etc.

Anyone know of any downfalls?

Not a great rate at all, try citi or HSBC, they offer better deal.

 

[sunnyblue100]

The best rate I know:
FNBO direct

URL: https://www.fnbodirect.com/01d/html/en/

APY: 6.00% guaranteed until 9/28/2007

Minimum balance: $0

$1 to open a new acct.

FDIC insured

 

[LEYKIS101]

The best rate I know:
FNBO direct

URL: https://www.fnbodirect.com/01d/html/en/

APY: 6.00% guaranteed until 9/28/2007

Minimum balance: $0

$1 to open a new acct.

FDIC insured

Thanks for posting that, Sunnyblue, will have to research FNBO and this a little now.

:modemman:

 

[joelatti]

Any info on this somewhat obscure bank is always welcome

 

[LEYKIS101]

Any info on this somewhat obscure bank is always welcome

Here's a good link with people currently using the FNBO account:

http://www.mymoneyblog.com/archives...g-process-features-and-transfer-schedule.html


Looks like it's working for most, but some say the site is slow and not operating at times.

 

[sunnyblue100]

Try to search 'FNBO direct' on www.fatwallet.com, some discussions there.