Archive for the ‘ING Direct’ tag
ING Direct Increases CD Rates
ING Direct has updated and increased their CD rates:
| Term | Rate | Effective Date |
| 6 Month | 3.50% | 08/12/08 |
| 9 Month | 3.60% | 08/12/08 |
| 12 Month | 3.70% | 08/12/08 |
| 18 Month | 3.75% | 08/12/08 |
| 24 Month | 3.80% | 08/12/08 |
| 30 Month | 3.85% | 08/12/08 |
| 36 Month | 3.90% | 08/12/08 |
| 48 Month | 3.95% | 08/12/08 |
| 60 Month | 4.00% | 06/11/08 |
Get your CDs! Piping hot CDs!
ABA Routing Codes to Link Online Accounts Together
If you have multiple online accounts, one good trick is to electronically link the two accounts together to facilitate the transfer of funds between them. All you need to do this is each bank’s ABA routing number and your account number to set up the link.
Some banks, like ING Direct, will require that you provide a paper check in order to create the link whereas others, like FNBO Direct and HSBC Direct, don’t require a paper check. So, if you want to link ING Direct to FNBO or HSBC, simply create the link on the FNBO/HSBC side and initiate transfers that way.
Here are the ABA routing numbers for the major online banks:
- FNBO Direct: 104000016
- HSBC Direct: 022000020
- ING Direct: 031176110
- Emigrant Direct: 226070319
- Virtual Bank: 067092200
- E*Trade Bank: 256072691
- WaMu: 322271627
By establishing the links, you give yourself the opportunity to transfer funds easily between accounts as you need them.
$25 ING Direct Referral Promotion
One of the best features of ING Direct’s Orange Savings Account is the referral bonus. All it takes is for an existing customer to send you an email through their system, you sign up, deposit at least $250, and you get a $25 referral bonus. Your friend get $10 for their trouble. Everyone wins!
It’s a great way to cut your teeth on high yield online savings accounts as ING Direct is one of the oldest banks around (ING is a Dutch company, they bought the great Barings Bank when it went under. Barings funded the Napoleonic Wars and was the Queen of England’s bank!) and they are here to stay (even if they aren’t, your deposits are FDIC insured).
If you don’t know anyone with an ING account or you don’t want to wait, you can get a list of links for $25 ING Direct Referrals here.