ING Direct Announces Black Friday Deals

November 27, 2009

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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:

  1. 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.
  2. 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.
  3. On day 50, ING Direct will deposit $121 into your account.
  4. 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.

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{ 5 comments… read them below or add one }

1 Joe (45 comments) November 27, 2009 at 4:19 pm

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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2 ffb (1149 comments) November 28, 2009 at 3:03 pm

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.

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3 Duddes02 (2 comments) November 30, 2009 at 1:16 pm

I opened my account :) Great deal

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4 FrugalNYC (10 comments) December 22, 2009 at 9:32 am

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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5 ffb (1149 comments) December 22, 2009 at 6:10 pm

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.

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