Archive for the 'ING' Category

ING Electric Orange - Overdraft Is Not “Spending Power”, It Is “Borrowing Power”

Published by golbguru June 6th, 2007 in banking, personal finance, musings and ING. 13 Comments

I had this on my mind ever since I activated my Electric Orange account at ING Direct. Whenever I log in to my account, it adds my overdraft line of credit to my available balance and happily displays the net result as “Spending Power”. Here is how it looks:

Now, I am all for personal […]

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ING Direct Increases Savings Rate To 4.50%

Published by golbguru November 29th, 2006 in banking, personal finance, ING and interest rates. 3 Comments

ING Direct has announced an increase in the interest rate for its Orange Savings Account from 4.40% (APY) to 4.50%(APY). Saw this ad on their website today.

While the rate increase is not that exciting, I am hoping that this rate increase signals an increasing trend. A few years ago, when I opened my ING […]

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