RateAPY

ING Direct Orange Savings Account Offered at 1.30% APY

Posted by: RateAPY Bank Rates News
October 26th, 2009

Savings accounts may be the old-fashioned way for families to protect their income and earn interest, but there’s nothing old-fashioned about ING Direct’s Orange Savings Account, which comes with a 1.30% APY.

Investors interested in keeping their money safe while earning interest should compare interest rates and terms for multiple savings accounts. When comparing banks, savers should be sure they are placing their money in an institution that is FDIC-insured.

The Orange Savings Account

ING Direct’s Orange Savings Account does not require any minimum balance: the 1.30% APY is earned on accounts with zero to $100,000. Savers can open the account online within a few minutes, and ING Direct will not charge any fees for the account.

The online account is accessible 24 hours each day and can be automatically linked to a checking account at any other bank, so customers will not need to change banks.