Orange Savings Account: The Ultimate Place to Bank Your Savings
An assured positive return that doesn’t have any risk is indeed very appealing, if we compare it to witnessing red marks in our brokerage statements. So, as you wait for a more promising opportunity to use your savings, it is a great idea to look for ideal places where you can park your funds.
Orange savings account is the talk of the nation and a favorite among many financial bloggers where their quest for such ideal places comes to an end. There is nothing surprising to mention about the fact that this ING Direct account supports all features of a standard bank, be it monthly email statements, transfers, automatic deposits, direct deposits, and others. Now you must be wondering what is it that makes this account stand out?
Given below are the reasons that distinguish Orange savings account from all others:
- No fees – Do not suspect any catch here for you have got it right! No account maintenance fees, inactivity penalties, or other sneaky charges. This is one benefit you do not get in many other banking services.
- An easy-to-understand and user-friendly interface – They host a clean and straightforward site that has absolutely zero complications. Navigation is quite sorted and you can use the website very easily, without any guidance. You can access the current interest rate (APY), transaction history, current account balance, and total interest earned by you during a particular month. You can thereby keep an eye on the income earned through interest on the real-time basis.
- Create subaccounts – One of the most unique features offered by ING Direct is using the Orange savings account as the primary account, while creating several subaccounts adjoining this main account. “Bucket” all your funds into separate categories but under one customer ID number. Designate your subaccounts for separate goals and purposes so that you can plan better how to save and utilize your funds. This feature is loved by most Orange customers and ensures their loyalty to ING Direct.
- Rename accounts with your preferred labels – Give your own customized nicknames to your subaccounts to describe them better, like “holiday travel,” “new refrigerator,” “emergency fund” and so on.
- Earn as an ING Direct referrer – Being an ING Direct’s existing customer, you have an opportunity to make extra income as you get others to sign with ING Direct. While you earn $10 for every customer referral under the referral bonus plan of Orange, every new customer signing up gets $25 as bonus to start with in their account. You can make a maximum earning of $500 as an ING Direct referrer.
- FDIC insured – Funds of up to $250,000 deposited by you in your Orange savings account is insured by FDIC and this insurance is made available to every customer.
With so many positives to support ING Direct’s Orange savings account, there is no reason why you should recoil from opening this account. Hurry and reap its benefits at the earliest!
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Tagged With bank account, FDIC insured account, ing direct, no fee bank account, safe investment, savings account
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