ING Direct of offering a $25 cash bonus when you open an Orange Savings Account. The best part of the deal is that it doesn't require you to jump through hoops to get the deal. Just open a new account, fund it with a minimum of $1, and the $25 will be deposited into your account. The only restriction is that you cannot withdraw the bonus for 30 days. The bonus at $25 is a bit skimpy compared to other bank cash bonuses, but at the same time it's for a savings account and doesn't come with restrictions or requirements.
Unfortunately, the rate on an ING Orange Savings Account is nothing to write home about. They are currently offering 1.50% APY, which is well below the best savings and money market rate on the BestCashCow rate tables (the top rate is currently 2.32% APY).
Credit for this find goes to BankDeals.
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ING Electric Orange Account Something To Consider for High Balances by BankMan - Aug 11, 2007
ING Direct Raises Rate on 18 Month CD to 4.50% APY by BankMan - Sep 18, 2008.
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