ING Orange Savings account
I have been using this online savings account for a while (since last march) and it has been working out well. Interest rates keep increasing (its up to 3.3% as compared to the national average of 0.5%). If any of you are interested in opening a FDIC insured savings account that offers nice rates, lemme know and I can refer you. You get 25$ and I get 25$. 25$ is quite a nice incentive and makes the interest rate actually much higher than the stated one. (If you keep 500$ in the account, at the end of the year, 3.3% interest + 25$ yields roughly 8% overall gain)
It doesnt take a math/business major to know that 8% gain with no risk (FDIC insurance) is phenominally good.
It doesnt take a math/business major to know that 8% gain with no risk (FDIC insurance) is phenominally good.