We aim to bring you information pertaining to the different high interest savings accounts that you can invest in. Keeping up with this trend, we have presented the features and savings rates of different banks and in today’s article, we will focus on ING Direct savings account rates. Based on the information about these high yield savings accounts, you can make informed financial decisions regarding your money and its future. You can plan well to get good interest rates from safe avenues.

ING Direct offers a savings account called The Orange Savings Account. There many features of this account that makes it easy and comfortable for you. This account has no fees associated with it and there is no minimum balance. So, all the money that you put into the account will earn interest for you. It is easy for you to transfer money from your savings to checking accounts and vice-versa. Your checking account is electronically linked to the savings account and so all transfers are free and can be done quickly and easily. The ING savings account rates are competitive and they are also backed by the trust and reliability of ING Direct. Another added bonus is that all deposits are insured by FDIC.

The current savings account rates at ING Direct are 1.10% APY for all balances. The interest is accrued daily and compounded monthly, so you will get slightly more than money by way of interest. Interest will start accruing on your balance after two business days of opening the account and depositing the money. These features make this savings account a good avenue for investment.