Find a Bank That Works For You

If you’re looking for options on your bank accounts, I want to point out that we keep our joint checking account with ING Direct and we really enjoy it.

They don’t have the highest rates, but their customer service has been great for us, so we’re staying with them for now.

Have your money grow instead of getting fees.

ING Direct: What We Like About the Bank

Here what I personally like about ING’s Electric Orange checking account:

• No fees. There’s no minimum balance on the account.
• If the money is not in the account, they won’t pay the bill. This sounds like common sense. No money=no payments. Bank of America will just pay your bill and then fee you, which in turn can create more transaction fees. A relative actually had a horrible case when her monthly salary didn’t come in as scheduled (HR error) and Bank of America went ahead and charged her fees of hundreds of dollars.She explained to the bank what they error was, but to no avail. Fortunately, she went to her job’s Human Resource Department and got reimbursed for this problem.
• Earn real interest. Unlike Bank of America, where our money was growing very,very slowly (a few cents every three months), ING had us earning a few extra dollars a month. With the rates lower now, it’s not getting higher, but much better than our old bank.
  

  How our old bank treated our savings.

Ok, here’s the gist of the savings account benefits:

The Orange Savings Account

• Better rate than my brick and mortar bank – no minimum balance required, a nice bonus.
• No fees – I don’t have to worry about low balance fees.
• 24-hour access to your account – You can login and transfer money quickly and easily.
• FDIC-insured – It’s just like any other FDIC insured bank, your protection is up to $250,000.

If you’re interested, I can email you a referral link. If you don’t have $250, please still sign up for asavings account. It’s a great deal and you deserve to see your money gain interest.

High Interest Checking and Savings Accoounts to Check Out

There are several other high interest savings accounts, if you are looking for other options. Don’t forget to check out their current rates.

• HSBC Direct
• Emigrant Direct
• Citibank Direct
• Capital One

Just open an account somewhere that you feel comfortable and grow your money.

Your Thoughts

Have you switched your bank accounts? Why did you choose it? What do you like about it? Do you have any tips on switching?

Photo Credit: TheAlieness GiselaGiardino²³ and colin.brown

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