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ING Direct Electric Orange Checking referrals.

Looking for a free $25 bonus referral for ING Direct Electric Orange Online Checking? Skip below. For those unfamiliar with ING’s Electric Orange Online Checking, read on.

Electric Orange is the online checking account version of it’s popular Orange Savings account. Just like Orange savings, Electric Orange (EO) has one of the easiest to use web sites in the banking business, offers competitive rates and offers $25 free when you sign up with a referral. Electric Orange accounts are like siblings to Orange Savings accounts, so money transfers are instantaneous between the two. You can pay bills direct from your EO account too, free of charge.

Here are the details:

Electric Orange Checking Rates

Account Balance Interest Rate APY Effective Date
$0 – $49,999.99 0.24% 0.25% 09/09/2009
$50,000.00 – $99,999.99 1.48% 1.50% 09/09/2009
$100,000.00 or more 1.53% 1.55% 09/09/2009

Benefits:

  • Your FDIC-insured Deposits Earn Interest (see above)
  • Free MasterCard® Debit Card for all purchases
  • Free Online Bill Pay
  • Free access at over 35,000 ATMs through the Allpoint™ network
  • Free postage – they mail your paper checks for you
  • P2P Payments – Show friends how cool you are.  Securely email them money. It’s Fast and free.

EO accounts also offer overdraft protection, here’s how that works:

When you sign up for an EO account, you select the amount of over draft protection you’d like. That amount becomes a line of credit that gets used in the event of an over draft on the account. You pay interest every day your account remains over its limit, but if you’re like most people and only experience a shortfall in between a bill payment posting and your pay check being deposited, paying interest for a day or two is going to be a lot cheaper than the $25-35 flat fee most brick and mortar banks charge.

Check out the web site for more details or if you’re ready to open an account, you can use one of these referrals below and get a $25 bonus if you open the account with an initial deposit of at least $250 – that’s a 10% return on your money!

Electric Orange Checking referral
Electric Orange Checking referral
Electric Orange Checking referral
Electric Orange Checking referral
Electric Orange Checking referral

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