(ING DIRECT is now Capital One 360, Electric Orange is now 360 Checking.)
ING Direct’s Electric Orange checking account is highly regarded for its user-friendly overdraft line of credit, but the online bank is tacking on another incentive for those in need of a standard-interest, no-fee checking account. Open an Electric Orange checking account and meet a transaction quota, you’ll get a $50 bonus.
What You Need to Do
It’s not tough to qualify for the bonus. All you need to is open an Electric Orange checking account, activate your Electric Orange Debit MasterCard and make at least three signature purchases within 45 days of opening the account. ING Direct will then add $50 to your account on day 50 of your membership.
A signature purchase is a card transaction that you finalize by signing for instead of entering your PIN.