
If you recall, ING Direct is offering up some deals for Black Friday and Cyber Monday. Well, they released what those offers actually are:
- Electric Orange Checking Account: Open up an Electric Orange checking account on Black Friday and ING Direct will give you a $121 bonus! Huh, $121 you ask? That’s because $121 is the average that consumers pay in overdraft fees every year.
To make sure you get the $121 you need to keep in mind the following:
- Open up the Electric Orange account on Black Friday, November 27th. Use the promo code EOSAVE when signing up to make sure you are eligible for the $121 bonus.
- Use your new Electric Orange debit card to make three (3) signature transactions within the first 45 days of opening the account. These are the transactions you actually sign for.
- On day 50, ING Direct will deposit $121 into your account.
- There is no minimum deposit to open up an Electric Orange account.
- ING Direct Orange CD: ING Direct is offering 2.0% on a 12-month CD (certificate of deposit) on Black Friday. Their current rate for a 12-month CD is 1.75%. That’s a .25% bonus for opening up a 12-month CD.
Already announced:
- Easy Orange and Orange Mortgage: ING Direct is offering $683 off of closing costs and a reduced interest rate of 3.75% on Black Friday
- ShareBuilder: On Cyber Monday, November 30th, ShareBuilder is offering 20% off trades.
I’m interested in the Electric Orange checking account myself. I’ve looked into the product a number of times but haven’t pulled the trigger. The $121 bonus might just get me to sign up! I also think I’ll be opening up a 12-month CD so some of my online savings can earn a little extra.






{ 5 comments… read them below or add one }
I’ve had the Electric Orange checking account for over a year now. I was very happy with the interest, and the ease of use as far as banking online goes, but the ATM access was limited in my area and when I bought my house I got a deal if I used direct withdrawal from that bank account, so I really haven’t used it much since then. :-/
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It’s interesting, I was just looking at their ATM locations and ING actually has more around me than my brick and mortar does! They have access in a lot of CVS stores as well as 7-Eleven. Even the Macy’s near me has an ATM.
I opened my account
Great deal
I opened an account as well.
Do you have any idea what actually constitutes a “signature purchase”? Most purchases I make don’t require a Signature, just the PIN. What purchases have you made that require a signature?
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My understanding is if you make a credit purchase with your debit card then that counts. You can always call their customer service, which is great. You can also see in your account which purchases are signature.