It makes sense.
Remember the good ol' days when online saving accounts like ING and SmartyPig used to have really high interest rates? Well, those days are long past, what with SmartyPig's rate lowering to 1.1 percent starting June 15 (its third drop in just nine months) and ING's rate coming in at a measly one percent. SmartyPig's CEO says the reduction in rate is a result of a change in its business model, Read more
I love online high-yield savings accounts like SmartyPig and ING because they allow you to earn great interest on your money, but sometimes dipping into the pot can be too tempting. If you're trying to build up your oh-so-important emergency fund, which experts say should be from three to six months of expenses, you may want to try opening a money market account. This type of account is similar Read more
Dear Savvy, I read the Savvy posts almost every day because I am in tons of debt and seriously need help. I'm the type of person that needs actual tricks to save. I have zero willpower when it comes to money. I keep seeing the Bank of America adds for Keep the Change and I feel that could really work for me. I was just wondering if you knew of any Canadian institutions offering similar programs. Read more
Building up savings is one of the best ways to set ourselves up for financial success, and the amount of questions coming in lately about ING accounts tells me that you're all on your way! There are a number of online banks out there, meaning they don't have actual branches you can physically walk in to and speak to customer service in person, but ING is a particularly appealing choice to many Read more
Feeling like you want to run for something better than just your own health? ING Run For Something Better is a program that helps fund running and fitness education in schools. The program is designed to teach kids the benefits of being active for good health. ING has already committed $2 million dollars towards the fight against obesity but you can help too -- All you have to do is make a Read more
I'm a huge fan of ING Direct, and I just discovered that my favorite online bank will be opening a cafe near me in San Francisco later this year! It'll be the eighth ING cafe in the nation and the first one in the Bay Area. I find the concept of drinking coffee and eating at a place where I do my banking pretty novel, but it seems like Yelp users give it a thumbs up. According to reviews, people Read more
Everyone makes mistakes. Business Insider shares solutions for some common money mistakes people make. Recently, two friends confessed they live check to check — a revelation worsened by the fact that they only check their bank balance once or twice a month. RELATED: How This Writer Clawed Her Way Out of the Black Hole of Debt We called in the finance experts, and here's what we decided they Read more
The good ol' days when ING's interest rate hovered around three or four percent are now gone. Instead, the rate keeps dropping, and the online bank has just lowered its interest rate to 0.9 percent from one percent four days ago. As the New York Times noted, ING has given full disclosure in the fine print that they "may change the Interest Rate for your account at any time." Of course, those who Read more
It's sad that we've been penalized for fees so much that most people are finding it hard to tell which fees are real or fake. In fact, in a recent ING Direct survey, none of the 1,000 participants managed to correctly categorize bank fees. Here are some ways ING advises to avoid facing the real fees: Read the fine print when you sign up for checking accounts. Avoid the automatic opt-in overdraft Read more
With Spring in full bloom, there's no better way to get into the spirit of the season than some fresh, fragrant flowers. You may think that getting a dose of the color and beauty of flowers could only come in the form of an arrangement, but guess again. It may sound a little outside of your comfort zone, but injecting a little flower power may add a potent punch of flavor or lively color to wake Read more
