If you’ve been thinking about switching to an online checking account, ING Direct is now offering a $50 bonus for opening an Electric Orange checking account and making three debit card purchases. No special reference code needed. If you already have an ING Direct Orange savings account, you can enter your login info and speed through the application without having to enter your personal details again.
Electric Orange has no minimum balance requirements, no direct deposit required, and no monthly fees. You can use any ATM in the Allpoint network without fees. The interest rates are currently 0.25% APY for balances under $50,000, 1.10% APY for $50k-$100k, and 1.15% APY for $100k+. If you have under $50k, then try to keep most of your money in ING savings. Another random feature? Their new debit card is totally flat and unembossed, with the card number printed on the back. I don’t really get it.