Tuesday, January 20, 2009

Tightwad Tuesday: ING Direct

If you have been reading my blog for long, you know I am a fan of ING Direct. It is a safe, online bank, that has a much higher interest rate than brick and mortar banks. Even with the down economy, ING Direct has an interest rate on a typical savings account of 2.4% Since most investments are tanking right now, it is great to see such a nice interest rate on a savings account.

I also like ING Direct because money takes 2-3 days to be transferred. This means impulse purchases are much harder to process because your money is tied up. I have to stop and think about a purchase instead of buying the next greatest thing.

If you are interested in signing up for ING Direct, click on the banner on the left side of my blog (just below the BlogHer ad). If you have any questions, feel free to ask.

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