Sunday, May 4, 2008

Get $25 for Free

You may have noticed the links on the right side for ING Direct. ING Direct is the primary bank I use for my savings goals. When I first started saving aggressively, they had an amazing 5.5% interest rate. While they still have a competitive rate, it is much lower now due to the Fed cuts and overall condition of the economy. Despite that, I still believe ING Direct is one of the best banks out there for your savings. They have a top-notch, simple to use, web interface and great phone support. They also have a couple of ING Direct cafes which are cool places to stop by. They often run free seminars there and I can vouch that they are fun and informative. So here's the deal, if you use the links on the right side to open a savings account with $250 or more you will get a $25 bonus deposited into that account and I'll get $10. There is no commitment to keep your $250 in the account after you get the bonus (which takes about 2 weeks). You could look at it as getting a guaranteed 260% APR. And here is ING's pitch...

If you open this account with an initial deposit of at least $250, you will receive a $25 bonus to get you started and I will get a $10 thank you bonus. To qualify for this bonus, you must use the link in the right hand column.

Industry and Frugality thinks you'd like to make your money work harder by opening an Orange Savings Account with ING DIRECT! And, if you open your account with an initial deposit of at least $250, you'll get a $25 bonus to get started and Industry and Frugality will get a $10 thank you bonus. Simply use the link in the right hand column to qualify for the bonus.

The Orange Savings Account

  • Great rate - no minimum balance required. Everyone earns the same high yield.
  • No fees - your money goes to work for you.
  • No changing banks - the Orange Savings Account is linked to your checking account.
  • 24-hour access to your account - you're always ready for opportunities.
  • FDIC-insured - your money is safe and secure.


In closing, let me just reiterate one thing. This is the bank I actual use for all of my savings. I am not trying to push some lousy company just for a $10 bonus. The $10 bonus is nice, but I do believe in this product and service.

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