$25 Free and Legit?

[chowhoundMSP]

Just wanted to let you know that ING's rate just went up again, its now at 2.35% APY. Still the best rate ive seen anywhere on a savings account.

 

[slug420]

yep

 

[chowhoundMSP]

glad to see someone else is excited about a little free money. I think this thread is just about dead, so thanks to all those guys who signed up and made a little cash.
(cool)

 

[Saban]

I am going to bump this thread b/c this is an offer that stands all year around. It's a great rate, right now 3.4% and you make 25 bucks free. You can withdraw the 25 bucks after a month and send it back your linked account.

Screw your local bank, go online for the best savings rates!

 

[chowhoundMSP]

glad to see someone else realizes this is not a scam, but a decent way to make some interest as opposed to the crap rate you get from any physical bank nowadays.

Any need a link for the free $25 just PM me

Take it easy,
Bob

 

[nate0123]

$25? that's it?

my bank pays all my ATM fees, no matter where I take money out and no matter how many times

that's worth way more than $25

plus they have like 6 locations within walking distance of my apartment and they're open till 7 weeknights and till 4 on saturday

 

[chowhoundMSP]

that paying all atm fees is great! I would love to have that. What bank?

but does your bank offer 3.4% APY?

 

[chowhoundMSP]

if that is a checking account that you have with them nate, you could open one of these and link it to that account, get the free 25 and 3.4% and still have them pay your atm fees.

 

[nate0123]

I don't have a savings account to speak of, and I don't really maintain much of a balance

I do have some of my paycheck put into 401k

the bank is PNC - I'm pretty sure they have those in pittsburgh, but I'm not sure if the free ATM deal is in every market

 

[chowhoundMSP]

yeah, there are pnc's here. i am definatly gonna look into that.

 

[CHICO2003]

$25? that's it?

my bank pays all my ATM fees, no matter where I take money out and no matter how many times

that's worth way more than $25

plus they have like 6 locations within walking distance of my apartment and they're open till 7 weeknights and till 4 on saturday

What does the $25 "signing bonus" that ING is giving new customers have to do with your bank reimbursing you your atm fees? If you really wanted to compare apples to apples, you would have said something like...

"$25? That's it??? My bank gave me $100 for signing up with them!" But you didn't say that... because that didn't happen. Did you at least get a toaster?

Seriously folks, ING is easily the best "savings account" around. That said, though the 3.4 is far superior to any brick & mortar, even ING can't compare to the types of return you can expect to get as a savy investor. I have an ING but only put a relatively small amount of my overall money into it. This is "rainy day" money. If you really want to gain wealth, 3.4 won't cut it. Hell, you'll barely keep pace with inflation at that rate. Your best bet is to diversify and utilize dollar-cost averaging.

Sorry for the schpiel but... it just seems like there are so many people out there wasting their chances by putting their money into a "safe" vehicle like a savings account.

Now go make an easy $25!

 

[motchai]

i have doubt about that, maybe kinda like apaypal that you won't put too much money in it. then it's ok

 

[nate0123]

What does the $25 "signing bonus" that ING is giving new customers have to do with your bank reimbursing you your atm fees? If you really wanted to compare apples to apples, you would have said something like...

"$25? That's it??? My bank gave me $100 for signing up with them!" But you didn't say that... because that didn't happen. Did you at least get a toaster?

I didn't want a toaster, or $25. I can get cash anywhere, any time, with no penalties

most banks charge you to use other banks' ATMs, in addition to the fees charged by the machine holder, meaning you can end up paying $3-4 each time

in the past 5 weeks, my bank has refunded $14.75 over 8 ATM withdrawls; if they had charged me the additional $1.50 I'd be out a total of (dun dun dun) $26.75

and that's just in 5 weeks

and yes, I have seen local banks giving $100 sign-up bonuses

 

[CHICO2003]

LOL dude.. you're killin me here! ING isn't in that game so don't even compare the two. Seriously, ING is only offering this as a promotion for those who sign up for their SAVINGS ACCOUNT!!! You have a checking/savings with PNC, a brick & mortar that obviously has some nice bells and whistles for their customers. Since getting free atm withdrawls is clearly your top priority, it's obviously the bank for you. Some people, like myself, would prefer to budget their money (ie. take out what you need for x amount of days while at your local bank -no atm withdrawls fees there- and get the best possible savings rate one can) This ensures MAXIMUM wealth accumulation. Since I rarely ever have the need to take money out of an atm (again, proper planning ensures this) signing up with a bank like yours clearly wouldn't be as advantageous as it is to you.

Again, don't compare your bank to ING. The ING we're talking about here is strictly an online savings account while yours is a typical bank. Typical banks are averaging about 1.25% on their savings accounts. what's your rate?

 

[nate0123]

I don't have a savings account to speak of, and I don't really maintain much of a balance

I do have some of my paycheck put into 401k

.

 

[CHICO2003]

I heard you the first time... maybe this thread will open your eyes a bit. a 401k plan is definitely a better vehicle than any savings account... but it's got some key drawbacks. I don't care who you are, we all need to have a safety net. a good savings account like this ING one is about as good a safety net you can find. In between the ING & 401k lies a healthy stock portfolio.

Give it a shot! Would you pick up a 25 dollar billl on the street if you saw one lying there? LOL