Thank you to Kevin @ No Debt Plan for the ING Orange Account Referral Code email! I’ve been putting this off for weeks and finally made it a priority today to open the Orange account. Kevin motivated me, after reading his post Goal Completed: We’ve Funded 3 Months of Emergency Expenses. This got me fired up about moving my emergency savings account over to ING from Bank of America. I’m currently receiving .74% interest on my savings, compared to the 3.0% at ING. Putting this off has cost me over two hundred dollars and it’s time to take action. The ING Orange account has all of the benefits of my BofA account, and I can always transfer money back to BofA if needed. This one appears to be a no brainer and I’m kicking myself now for not doing it sooner.
Using the example of $10,000 for my emergency savings account:
Bank of America earning .74% interest. I would have made $74 last year.
ING Orange earning 3.0% interest. I would have made $300 last year.
A difference of $226! That’s enough to cover my PG&E bill for one month.
I have a list of fun passive income and alternative income ideas found here.
ING Orange Savings account is currently yielding 2.4% and requires a minimum $250 to receive your $25 sign-up bonus. I’ve added few links that will give you the $25 bonus from ING and I will receive a $10 thank you bonus. The bonus is given to me from ING and not through your account. Thanks for using the links below and feel free to drop me a note if the links are not working. I’ll try to keep them updated.
Send me an email and I’ll send you the link with the $25 referral bonus. Be sure to write ING referral code in the subject line to thepassivedad at gmail dot com Replace “at” with @ and “dot” with . The reason for this confusing code is so spam bots can’t find my blogs email address and send me loads of junk mail