ING Direct’s high interest Orange Savings Account has no minim balance requirement and has no fees or service charges. Everyone earns the same high interest with the Orange Savings Account. It electronically links to your checking account and transfers are free and easy. Your deposits into the Oragne Savings Account are FDIC insured up to $250,000.
Great account and website. Very easy to use and to move money around from one account to another and back and forth from your main checking account at another bank.
I love my Ing account. Maybe it's just my anal daily checking of the interest I've earned, but I love the site, love the account, love the ease with which I can use it. However, I do wish it were quicker to transfer money back and forth between accounts.
I have lots of praise for these accounts. They work the way they're supposed to and you can move money back and forth easily to other banks. Their rate isn't the highest one out there right now, but it's reasonable. If their interest rate were a bit higher, I'd give them 5 stars.
The beauty of this account is in its simplicity. Love the automatic savings plan. Rates are still competitive despite recent drops.
Really nice and helpful customer service. Transactions are fast, and great rates. The website is atrocious though. It's horribly ugly and horsey. I barely trust it because of how badly designed it is.
ING is a wonderful company and are truly dedicated to helping Americans get back to saving money. My whole family plus friends and relatives have an ING Orange Savings Account.
I opened my ING savings account in February. The service has been great. I have it linked to my checking account with my local bank and have an automatic transfer set up for each Friday. I've never been a good saver, but by automating it, the account is growing and I don't even miss the money.
I think it's the best rate out there right now. It's fast, easy, convenient, and online. You don't have to lock up your money in a CD for the same rate at 5 years!
The Orange Savings Account is a pretty useful product for building up your savings. It's easy to transfer money in and out to external checking accounts. Although interest rates are higher than the traditional branch savings accounts, other online savings banks provide even higher rates.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
