With ING Checking, the account is linked to the Orange account. The customer can transfer funds to the Orange account without the burden of transfer fees. A client can transfer money with the use of an ING Checking Orange account associate or even online for his/ her convenience. Every fund transfer is submitted via the ACH or Automated Clearing House system. Money is transferred from the checking account within 2-3 days of business. It usually takes a single day to acquire funds at a request of transfer. An account can be opened with a visit to any ING coffee café, contacting a sales associate by telephone, or an online visit. Balance information can be obtained by telephone or on the Internet. 24 hours a day, 7 days per week, a client can view his/ her account history via the website.

Make Money on Your Money with ING Direct Checking

Pros: The savings rate of ING Direct has a good rate, although with a few added bells and whistles.  The client can earn more of an Annual Percentage Yield than with a traditional bank. There are no minimum requirements of balance and no service fees. A customer can keep his/ her checking account in existence and combine it to an ING Direct account. There isn’t much competition with ING Checking with sophisticated and prominent marketing campaigns. The company collects plenty of deposits with the fact that a client can open an account with just $1.  Best of all, funds earn interest while in the checking account, and can be spent with ease.  

Cons: Normally with ING Checking, an account is several percentage points behind CITI and HSBC rates. Unlike that of the traditional bank of brick and mortar, ING Checking doesn’t offer any options for paper checks to the customer. The time of making a transaction (whether it’s a deposit or withdrawal) takes much too long for the customer of ING Direct. Many clients complain of the web application how it’s either vague or simply incomprehensible. In regards to the customer service of ING Direct, there is absolutely no complaints department. Customers have complained that agents on the telephone didn’t bother to take the time to empathize with the individual and help rectify errors.

With ING Checking, if there’s any activity like deposits or withdrawals on the account, a statement will be received every month. It’s important to remember with withdrawals that a 5-day or 10-day hold will be placed on funds newly deposited. Moreover, there is a limit of just six withdrawals each month. ING Checking is best for paying a bill online where the customer doesn’t have to worry about a checkbook. As far as access to the funds, a customer can make a payment from the website, transfer to a connected account, make a debit card purchase or withdraw from the ATM, and transfer funds to another ING Direct account. As an overall picture, ING Direct is the ideal place to open an account for savings if a checking account from another bank already exists.  

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