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There are dozens of online banking accounts available, but the Orange Savings Account stands above the rest. Offered by ING Direct bank, the Orange Savings Account is an effortless, simple way to put a savings plan in place.
Here are three great reasons to open an Orange Account with ING Direct:
Fees and MinimumsMany banks charge fees or require a minimum monthly balance to keep an account open. With Orange, there are are no fees and no minimum amounts necessary. An account can be opened with a little bit of money and there will be no penalty.
Interest RateThe Orange Savings Account offers a 1% return on all accounts and is of course insured by the FDIC. The interest rate of 1% is across the board, so those with lower amounts in their accounts get the same benefit as those with thousands of dollars. ING Direct is committed to offering a rate of return to all those with Orange accounts, regardless of how much is in their account.
Ease of UseLike all online banks, ING Direct is available for customer access 24 hours a day. But once a savings account is set up, ING Direct has an additional list of tools that make banking easy. It's possible not only to transfer money between an Orange account and other ING Direct accounts, but it's possible to make transfers between the Orange account and other bank accounts. These transfers are free. Since most people use savings accounts for emergencies, being able to transfer money so easily is a major benefit of an Orange Savings Account.
In addition, ING Direct offers an automatic savings plan, so that deposits can be made every month from another banking account to the Orange Account. This ensures a regular savings plan, which can be helpful for those who want to save but forget to do so.
With so many benefits, it's a great idea to open an Orange Savings Account with ING Direct. Why not open one today?
What else can I help you with?
Today Tanya withdrew 960 from her savings account what fraction of the balance did Tanya withdraw?
Today Tanya withdrew $960 from her savings account what fraction of the balance did Tanya withdraw?
The Best Savings Account Online?
The Orange savings account has long been the most widely advertised savings account which is only available online. As society in general moves towards digital commerce and performing almost all daily routines online, the Orange savings account is doing its part to familiarize people with the idea of a branchless bank.Orange savings accounts can be completely accessed online, and all actions, from deposits to withdrawals, can be done online. Withdrawals can also be done from the ATMs of other banks, and the transaction fee will be refunded by the Orange savings account bank. This is their way of thanking the consumer for trusting the Orange savings account, and a way to compensate for having no physical branches or ATMs to pull money from.Orange savings accounts are historically some of the best paying savings accounts on the market, sometimes offering a full half a percentage point higher interest than the savings accounts of other banks. They can offer such high interest rates because of the overhead that they save in not having a physical branch, or the staff that would be needed to man such a branch.Orange savings accounts can be deposited to using a smartphone. After downloading the app for the Orange savings account, simply take a picture of a check that you wish to deposit, both front and back, and send it to the bank. The check will be deposited immediately with no need for a trip to a physical branch.Other advantages of an Orange savings account include the ability to see all transactions online in an easy to navigate front page, one of the most quality customer service teams in the business, and the ability to quickly switch monies over to investment accounts or to checking accounts with no downtime online. The Orange savings account can quickly become your home account, funding other accounts.There is also a way to automate transactions and pay bills online with the Orange savings account. All in all, one of the best savings accounts on the market today, and all without having a single physical branch.
Does a bank account come with a savings account?
There are many different banks out there today. Different banks offer different things. Some bank accounts come with a savings account. It really depends on what one is looking for when associating with a bank.
Why is a saving account is important?
A savings account helps a bank customer to set aside money for their long-term goals. It helps with budgeting, and banks give interest in order to encourage saving.
What banks offer a mortgage savings account?
Most large banks today offer mortgage savings accounts. HomeBuyer is one such bank. Other banks, such as Bank of America, Chase, and CitiBank offer mortgage savings accounts too.
What is the interest rate on a savings account at United Bank in Virginia?
This question is impossible to answer, as interest rates constantly fluctuate. The interest rate on a savings account today will not necessarily be the same tomorrow. Therefore, unless an exact date is pinpointed in the question, there are too many variables to give an accurate answer.
Can you create a bank account online?
No you cannot create a bank account online. To create a bank account, the bank needs your signature and other formalities which cannot be completed online. So creating a bank account online is not possible. Atleast as far as I know, no bank offers this facility
Is daylight savings today?
NO
Why A Savings Account Is A Good Place To Keep Your Money?
With the uncertainty of today's economy, people are wondering where they can put their money and keep it safe. Many people put their savings in long or short-term investments to help get the maximum return from their deposit. But with investments failing all over the financial industry. It has become common for people to turn to the best rate savings account for a safe money haven.Protect Your CapitalWhen you invest your money in a certificate of deposit or an IRA, you take the risk of losing some or all of your initial capital. While the interest rates on savings accounts are not has high as those other accounts, the trade-off is that you will not lose your initial capital when you put it in a savings account.Shop AroundBefore you put your money into a savings account, you want to shop around to find the best deal. The most important thing to look for is the best available interest rate. Savings accounts allow you to accumulate interest over long periods of time. When you find an account with the best possible rate, you are going to get more in return for your deposit.Another thing to look for when comparing savings accounts is the fees each bank charges. Many banks will charge fees for ATM transactions and for balances that fall below a certain level. The more fees you can avoid, the better off your investment will be.Add To Your SavingsWhen you find a savings account with a great interest rate, then you will want to take full advantage of that by adding as much to your account as you can. You can develop a monthly budget to help monitor your money and make your savings account one of your payments. Each week that you get paid, a certain amount will go into your savings account. Adding to the principle in your account will help you to make more interest income and get you a better rate of return.A savings account with a good interest rate is a safe way to get a return on your money without the risk of losing money that an investment can bring. Find a good savings account and protect your money from a bad economy.
Advantages Of A Savings Account?
In today's uncertain times, having a savings account carries a lot of benefits. Many people don't have a savings account or have one they don't often use. A savings account is something that should be considered however. There are several different types of savings accounts. You can open one at your local bank, open one online, or opt for a CD or money market account. Here is a look at some of the benefits of a savings account. The best benefit may be that your savings accrues interest while it sits in the bank. Even the most basic savings account accrues a small amount of interest. Online savings accounts provide higher rates, and CDs and money market accounts provide even more. This is money that you get for doing nothing. Money in savings accounts is FDIC insured and guaranteed. You don't have to worry about ever losing it. Another benefit of a savings account is that it helps you plan for long term financial security. You can do this with a regular savings account where you have access to the funds whenever you need them. You could also set up a long or short term CD. A CD works by depositing a set amount in which you can't withdraw until a certain date. This is good if you want to plan for something like college. You won't touch that money until the maturity date and in return you will get better rate of interest. You could also open up a short term CD to gain some extra money. This is good if you want to plan for a wedding or vacation. Another advantage of a savings account is the ability to save money for emergency situations such as car repair or housing projects. Unlike a checking account, savings accounts usually don't let you pay your regular bills online. You can obtain a debit card, but it won't have a VISA or MasterCard logo. This helps you save money in case you need it down the line. However, you can withdraw money when you need it. If you have an online savings account, transferring money is very easy and often is done in an instant. Money market accounts allow you a certain number of withdrawals a month. So while savings accounts aren't designed to be withdrawn from regularly, you can get money when you need it. Consider setting up your payroll direct deposit to send a small amount of money from each check in to a savings account. That way it will sit and accrue interest until you need to use it.
Use Your Bank Savings for Something Special?
Most of us have had a bank savings account at one time or another. Perhaps your parents opened one for you when you were young, maybe you had one to put your graduation money in after high school. Likely, you originally planned for your savings to be just that, an account where you built up money, storing it away for some unforeseeable rainy day in the distant future. Certainly this type of bank savings is a good idea. In fact, most financial advisors recommend that you keep six months pay tucked away in a savings account just in case something bad happens. However, there are other, less long-term ways to make good use of a bank savings - use it to plan for special events. Depositing money regularly in a bank savings is a great way to get your money out of harms why while you gather it all together for something special. In fact, if you talk to your mom she will probably tell you that this is a great idea; women of her generation were fond of Christmas Club savings accounts, where they hid away their money in the bank, allowing it to grow with regular deposits, then only withdrawing it after Thanksgiving, just in time to do their Christmas shopping. These limited term savings are a great way to save for the holiday, or a special purchase like a designer purse, new motorcycle or even a vacation. This type of short term, special occasion savings is made even easier in today's modern world. Most banks today offer no fees or minimum balances to open a savings account. They have no maintenance fees if you are not making regular withdrawals or if you have money automatically transferred from your checking account each month. This allows you to even open multiple savings if you wish: You can have one savings account to save up for that vacation to Disney World, one account to save for that new car and then a third to put away for your six month emergency fund. With automatic transfers you can save money each paycheck without even missing it, as the bank moves the money from your checking account to savings as soon as your paycheck is deposited. So open a new bank savings today and start saving up the money to accomplish all your future goals!
Tips For Getting High Interest On A Savings Account?
In today’s economic climate, savings are more important than ever. People need to save money for any number of reasons, including college for kids, home repairs, retirement and much more. In addition, you need to have savings so that you are ready for unforeseen events. One benefit of savings account is that you can gain interest. Here are some tips on getting a high interest account.If you have a traditional savings account, you are likely only getting a small amount of interest. The interest rate for these accounts is a fraction of a percentage and you don’t get much return. However, there are other savings account options available if you want a high interest account. One option is to open an online savings account. Online savings accounts work like traditional savings accounts. The only difference is you do not have to visit a bank. You can set up direct deposits and transfer money just as you can with a regular account. You also don’t need minimum balances or deposits. The benefit is that online savings account offer higher interest returns.A way to get even more interest is to open a money market account. Don’t let the name full you. Money you deposit in a money market account is guaranteed and you won’t lose it if the stock market plummets. Money market accounts have mid-level interest rates that are much better than those of savings accounts. However, money market accounts often require high minimums. In addition, they restrict the number of times you can withdraw money per month. However, if your goal is to save money you really don’t have to worry about the withdrawal limit.The best option for a high interest account is to open a certificate of deposit. Commonly called a CD, this is an account where you deposit a certain amount of money that doesn’t mature until a certain date. The terms of CDs vary and you can choose ones that mature in a couple of months or ones that mature in several years. The longer the term, the higher interest you will receive. The caveat is that you cannot withdraw money from a CD before the maturity date without penalty. Therefore, this isn’t the account you want to use for an emergency fund. However, CDs offer much better interest than the other savings options. These are ideal for long term financial planning. The money in your CD account is also FDIC insured.
