October 7th, 2009

ING Direct Introduces New 12 Month Added-Value CD With 2.25% APY

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As an addition to its already great 12 month CD rate, ING Direct is offering a new bonus rate of 2.25% APY for customers who fund their CD from an external source.

Increase Your Savings

In order to qualify for the Added-Value CD rate, current ING Direct customers must:

Fund the CD from a non-ING Direct checking account.
Link the new account to the CD when you open your online account
Deposit enough to increase your total deposit balance above your 10/7/2009 balance

As with any CD, early withdrawal will come with a penalty fee. The Added-Value rate is currently only available with the 12 month CD when terms are met.

About the banks

ING Direct

ING DIRECT, the nation's largest direct bank and largest thrift, is dedicated to inspiring Americans to become a nation of savers. Since its inception in 2000, more than 7.5 million Americans have entrusted their savings with ING DIRECT. ING DIrect offers- Electric Orange, an easy-to-use paperless checking account that also pays a great interest rate. The Orange Savings Account lets you save with no fees, no minimums and a great rate. The Orange Mortgage has low closing costs, a simple application.