Posted by: Chris Sandel | May 14, 2008

Save your Money, Get $25 Free

A few years ago a friend of mine told me about ING Savings accounts.  For those of you who don’t know about them, ING is a very large, reputable bank that works only on the internet which allows them to offer much better rates.  Last year I was getting almost 5% interest from a regular savings account through ING which is like 10 times what I would have been getting from our local bank.  It is down to around 3% now but it is still MUCH better than my local bank’s savings accounts.  There isn’t any kind of waiting period on your money or anything like that (other than the time it takes to transfer the money into your checking account).  It really has worked well for us.

If any of you are interested in signing up to use them for a savings account (or checking, which they also have) let me know and I will send you a referral.  If you sign up through a referral and deposit at least $250 to start they’ll give you $25 and they’ll give me $10.  If this was a lame “free money” kind of thing from a local bank I’d think it was dumb but this has actually been a really good account for us.  I figured with rising gas prices, we should share money tips.  Otherwise we’ll all be walking soon.

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