ING Direct: Open an Electric Orange Checking Account and Get $25

I posted yesterday about the ING Direct Savings Account.

If you are interested in opening an account please email me (mhforc [at] gmail [dot] com) and let me know if you want to open an Orange Savings Account or an Electric Orange Checking Account.  You will need to include both your first and late name in your email to me because I need to refer you by name.  Just put ING Checking in the subject line so I know which account you are interested in.  I will not use that information for anything else.  If you open via my link I email you get $25.00.

Introducing ING Direct Organge Checking Account

I have banked with ING Direct since December 2nd, 2004.  Since that time I have had bank accounts online with Netbank, Everbank, and Citibank.  In addition I have had bank accounts at First Tennessee, Memphis Teacher’s Credit Union, First Community Credit Union, and Wachovia.  (Can you tell I like to sign up for bank accounts that are offering promotions to join?)  Without a doubt ING has been my favorite bank.

Here is what I like about the ING Direct Orange Checking account:

• No checks to buy.  No stamps to buy. I think this is he coolest feature with the Electric Orange checking account.  When you want to send someone a check you just sign into your account type out the details for a recipient and ING sends the check via first class the next business day.  You pay nothing.    Electric Orange is the first all electronic paperless checking account in America.
• No fees or minimal fees (depending on usage). I have never paid any fees with my checking account.  You will pay fees if you need an overdraft line of credit, overnight delivery of a check, overnight delivery of a replacement card, stop payment, and 2% foreign transaction fee.  Read this article if you want to be reminded how unusual it is for banks to have so few fees.
• Fee Free ATM network nationwide. You can withdraw money from any one of 32,000 ATMs nationwide within the Allpoint network.
• Free Online Bill Pay.
• Easy to set up. Never set up a bank online?  The set up process is simple.
• Easy to automate. If you send checks or pay bills regularly online you can just tell ING when you want the check sent or pay the bills then ING will always do the work for you.
• Seamless relationship with Sharebuilder. If you invest with Sharebuilder there is no easier way to transfer funds to and from your bank.
• FDIC Insured.

You an watch a demo video here.

I think the check sending feature alone makes this a choice worth considering.  I am often away from my local bank.  ING offers me the flexibility of being able to send a check to someone in the States from anywhere in the world.

Any disadvantages?

• At times you just want to give someone a check by hand.  ING Checking will not allow you to do that (you can if you still keep your old checking account).
• Some payments you want to include an invoice or something with the check.

Again, both of these can be resolved by keeping your old checking account and taking advantage of the ING Electric Orange Checking features.  I think you’ll find there is a reason why it is called your ‘old’ bank.

Want to join?  If you allow me to refer you and you deposit at least $250 then you will get $25 (and yes I get $10, but I think you are better off).  This applies only to new customers.

Send me an Email if you want a $25 ING Direct Electric Orange Checking Account Bonus