ING Direct is offering a very competitive high yield checking account called the “Electric Orange”. The interest rate is tired and based on the account balance, the current rates are listed here.
|
Electric Orange Balance
|
Interest Rate
|
Annual Percentage Yield
|
Effective Date
|
|
$0-$49,999.99
|
1.74 %
|
1.75 %
|
03/19/2008
|
|
$50,000.00-$99,999.99
|
3.15 %
|
3.20 %
|
03/19/2008
|
|
$100,000.00 or more
|
3.35 %
|
3.40 %
|
03/19/2008
|
The high yield checking account also has the following benefits:
- Free ATM access at more then 32,000 locations.
- Send money securely for free with Electric Checks.
- Overdraft line of credit with no fees to use the line of credit, you only pay an interest rate on the money you borrow.
Author: Brian McKay
June 20th, 2008
