Roundup: Current ING Direct Bank Account Promotions
ING Direct is running a variety of promotions right now:
$50 for new ING Direct Electric Orange Checking
# Have an existing Orange Savings Account (see below).
# Open your Electric Orange high-yield checking account.
# Use reference code: EM227.
# Activate your Electric Orange MasterCard Debit Card.
# Use your Electric Orange Card to make at least 3 signature-based purchases in the first 45 days after your account has been opened.
# Your $50 bonus will be automatically deposited into your Electric Orange 50 days after your account has been opened.
$20 for existing Electric Orange Checking
From this link, it appears that it is available to all that complete the required actions. Thanks CC.
# You are automatically enrolled.
# Make at least 5 purchases of $10 with your Electric Orange Debit Card.
# The purchases must be displayed on your November statement.
# A $20 bonus will be automatically deposited into your Electric Orange Checking Account by December 15th.
$50 for new ING Direct Business Savings
Via Scampsters of SD.
# Open an account by either calling 1-800-ING-9521 or this link.
# Use reference code: BZ253.
# You cannot withdraw $50 bonus for 30 days. Expires 12/31/08.
# May need to provide proof of business besides EIN (license, DBA, etc.)
$25 for new ING Direct Orange Savings
Sign up through one of these $25 bonus links, must open with at least $250. The bonus should show up immediately after application, but you cannot withdraw it for 30 days.
Find more in Deals & Offers | 10/29/08, 4:25pm | Trackback
October 29th, 2008 at 5:47 pm
Do online purchases count towards signature based purchases? Or is it only in-store? Anybody know?
Also, do they do a hard credit pull? I know that they give you a line of credit for their overdraft protection, but not sure if that results in a pull or not.
October 29th, 2008 at 5:54 pm
Answering my own question, it looks like online purchases count:
Examples of signature-based transactions include:
· Any purchases that require your signature(choosing ‘Credit’ instead of ‘Debit’) when checking out.
· Internet, phone or mail order purchases.
· Using your Card for automatic bill payments like your cell phone, cable or utilities.
October 29th, 2008 at 6:26 pm
Oh so the checking account bonus is opened for savings account holders? That’s cool since at first I thought I was ineligible for having a savings account already.
Do you know how long the $50 bonus for checking will last?
October 29th, 2008 at 8:48 pm
Mike,
There is a hard pull for the Orange checking:
http://home.ingdirect.com/faqs.....draft#pull
“Do you pull my credit if I apply for Electric Orange and the Overdraft Line of Credit?
Yes, as part of your application, ING DIRECT will obtain information about you from a consumer credit reporting agency (a “hard pull”) to confirm that you are eligible for Electric Orange. “
October 30th, 2008 at 5:57 am
Thanks, don’t need another checking account but it’s worth signing up for just to get the $50.
@Eric N – the website says $50 deposit 50 days after you open your account.
October 30th, 2008 at 8:02 am
Those are some nice account bonuses MMB. How long do you have to have the accounts open before you close them but still keep the bonus?
October 30th, 2008 at 3:58 pm
mike:
where were you able to find the details regarding the signature-based transactions? also, i use my current card all the time for “credit” transactions, but usually i do not have to sign….do you think this would still “count?”
October 30th, 2008 at 4:13 pm
@Mike Panic
Thanks for the reply but I was wondering how long the promotion itself was going to last (as in can I apply in December or next year, so on).
October 30th, 2008 at 4:33 pm
mike:
i guess to answer my own question, i just got off the phone with ing and they stated that it must be a transaction you actually sign for and that online transactions DO NOT count. so, i guess take that for what you will, as perhaps the associate was not correct…..but again, could someone point me to any information on the web site?
thank you
October 30th, 2008 at 11:09 pm
In my experience, they just want purchase in which they can make money via charging transaction fees. No, no ATM-like purchases where you need a PIN-number. In other words, use the debit card like a credit card.
If you have a cell phone or cable bill, just charge $10.01 towards either bill a few times.
October 31st, 2008 at 5:32 am
Did anyone else get something in the mail only offering $10 from ING instead of $20 if they used their card in November?
October 31st, 2008 at 9:22 pm
The signup page for the $50 promotion does not seem to require a promotion code. I wonder if em227 is actually a referral code?
November 12th, 2008 at 6:42 pm
Be careful, they do pull your credit report, a hard pull……….
December 17th, 2008 at 9:34 am
Anyone get the $20 for using the debit card? I didn’t so I sent them an email.
December 29th, 2008 at 2:33 pm
Has anyone gotten their $50 for the new electric orange account? I did not get mine and it has been 60 days.
January 4th, 2009 at 9:27 am
Got mine…just came in today.
January 4th, 2009 at 3:21 pm
What day did you open your account?