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What distinguishes a direct savings account from a standard account?
Wiki User
∙ 14y ago
A direct saving account is very similar to a standard account. One of the differentiating features is that a direct savings account has a higher interest rate.
Wiki User
∙ 14y ago
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What information is needed for a Bank of America customer to set up direct deposits into their checking or savings account?
To set up direct deposits into your checking or savings account with Bank of America, you will need your Bank of America account number, the routing numbers for the branch you use, and your employer's address.
What kind of saving accounts does ING Direct provide?
ING Direct is an online savings account. It is linked with your regular checking account so that money can be transferred back and forth between the accounts.
How long does it take to get into a direct deposit of your savings account once they process the information?
1-5 biussness days for the bank to clear it
How can a person have a DDA account But no checking account?
i was wondering bout the same thing at first til i asked. it still depends on the company youre working for. i myself dont have a checking account but get my pay as direct deposit. they wire it through my savings account instead.
You are planning to open a savings account Is it complicated to open one. Are there different types of savings account?
Storing money under your mattress is not always the best way to care for your savings, investing in a savings account can allow you to earn money on your savings. There are a variety of different types of accounts you can use and different payment options, whether you deposit a lump sum or pay a monthly standing order or direct debit. Whether it's with an easy access account, a fixed term or fixed rate, flexible saver, or a premium bond, an exception is with an ISA which is limited to the amount of money you can put into it annually.
What in the world are orange savings?
Orange Savings Account is a service provided by ING Direct. It is an online savings account with no fees and no minimum balance. It allows you to keep your original checking account and link it with your ING Direct account.
Can you get direct deposit in your savings account?
Direct deposit to your savings account must be available from both your banking institution AND your employer. Virtually all banking institutions offer this service but smaller employees may not.
What are the benefits of opening an orange savings account with ING Direct?
There are several benefits of opening an orange savings account with ING Direct. Using an orange savings acount with ING Direct, a person will save money and earn a higher interest rate on it. It has no service charges or minimum balance fes.
How can one open an ING savings account?
One can open an ING savings account by going to the official ING Direct website. From there one simply needs to click on the 'Savings' link and then select 'Apply'.
What is the difference between bpi direct and bpi family savings account?
The BPI Family Savings has more features available than the BPI Direct Savings. The Direct can be applied for from anywhere in the world, whereas the Family Savings is meant more for people who live within a branch district.
Where might a person find information regarding the American Dream Savings Account offered by Emigrant Direct?
Emigrant Direct offers a website with information regarding their American Dream Savings Account. There are also many reviews on the Internet, such as from BankFox.
What information is needed for a Bank of America customer to set up direct deposits into their checking or savings account?
To set up direct deposits into your checking or savings account with Bank of America, you will need your Bank of America account number, the routing numbers for the branch you use, and your employer's address.
What is orange account?
An Orange account is a savings account offered through ING Direct. The money in your Orange savings account builds interest daily and then it is compounded every month. That money is then made available to use on purchases at the end of each month.
How do you transfer money into the ing direct account?
You can transfer money into the ing direct account by set up an automatic savings plan, direct deposit, deposit by cash and/or check. With all this being said you also have to include your account number in the process.
Doe ING Direct require direct deposit to set up a savings account?
ING Direct requires you to set up direct deposit to set up a savings account when affillating with their banking institution. From a financial stand point they feel you can move your money more effiently and allow withdrawls and deposits to be carried out within 3 to 4 days.
What kind of saving accounts does ING Direct provide?
ING Direct is an online savings account. It is linked with your regular checking account so that money can be transferred back and forth between the accounts.
What is the rate for an online savings account from Emigrant Direct?
The annual percentage yeild, (APY) for an online savings account with Emigrant Direct is subject to change as is any banking service. However, they have proven to be very competetive in the Annual Percentage Yeild, (APY), when compared to other major saving institutions. There are no fees with their online savings accounts, which also makes them a leader in the field of online savings services.
