ING Direct is a digital banking platform that offers considerable convenience for its users. As it operates solely
online without physical branches, ING Direct can provide services without the usual associated fees.
The services provided by ING Direct include savings accounts which typically offer higher interest rates compared to
traditional banks. This is largely due to the absence of overhead costs associated with physical branches. There are
no fees, no minimum deposits, no charges for withdrawals, and you can have several accounts with different names for
different saving goals. Your ING Direct savings account is linked to a checking account at your local bank to
facilitate easy transfers. They operate entirely electronically, without the need for postal mail.
While ING Direct does not provide checking accounts, they offer a range of other financial products including
mortgages, home equity loans, mutual funds, and certificates of deposit (CDs) of varying terms. Their mortgages come
with very low closing costs and no application fees. Home equity loans offer a significant borrowing limit at a low
rate, with no application fees, annual fees, or prepayment penalties. CDs can be purchased for periods as short as 6
months, offering attractive interest rates. There are also no minimum investment requirements for CDs, making them
accessible for everyone. If you can commit your funds for a minimum of 6 months, ING Direct provides one of the most
competitive interest rates available.
ING Direct also enables you to schedule direct-deposit transfers to your savings accounts from your checking account.
This makes the platform easy to use and provides a convenient way for anyone to save money while earning a decent
Referrals are also rewarded at ING Direct. If you refer a friend who opens a new account, ING will credit your
account with $25. This provides a legitimate and rewarding way to save and earn money.
ING Direct is FDIC insured and has robust security measures in place to ensure your personal information is kept
private and secure. You can access their services at www.ingdirect.com.