RateAPY

ING Direct Orange Savings Account at 1.30% APY

Posted by: RateAPY Bank Rates News
January 5th, 2010

For many people, the start of the New Year is the time to rededicate yourself to goals like saving more money, and it’s also a time to reevaluate your financial life. One way to make saving easier is to simplify your transactions by completing them online.

Whether your goal is to save money for an emergency or to save for future expenses such as a down payment on a home, college tuition, or retirement, a savings account can be one part of your financial portfolio.

Comparing savings accounts online can make the process of choosing the right account easier. Check the interest rate, fees, required minimum balance, and whether the account is FDIC-insured.

ING Direct’s Orange Savings Account, currently with an interest rate of 1.29% and 1.30% APY, does not require a minimum balance. The interest, compounded monthly, is earned on any balance above zero. The Orange Savings Account will be automatically linked to your checking account for easy transfers.