I know I’ve mentioned this at least once before but ING Direct has changed it’s referral bonus structure.
Now if you sign up for a new ING Direct account using my “orange” code they will give each of us a $25 bonus (assuming you open the account and keep at least $100 in there for a pre-specified amount of time etc etc).
$25 is pretty good for free so here, once again, is my “orange code” for those interested in getting the free $25.
17389548S1
(Just go to this page chose which account is right for you, and enter my orange code where it asks for it on the bottom right corner.)
I’m not just flogging ING Direct for the free money, they’ve actually got the most user friendly GUI of the “online” banks, and they can easily be used to push and pull money to/from other high interest accounts (for example Peoples Trust, PC Financial, and Citizens Bank where the user interface is less friendly.).
Other aspects aside the automated savings program is the one I recommend. In a few simple keystrokes you can set up a recurring transfer of any size from your chequing account to your ING account (and you can change this automated transfer on a moments notice as circumstances dictate – push it back two weeks, increase the amount this paycheque or decrease the amount – with very little effort).
If you’re trying to get into the habit of saving, this is likely the account you want. And as there are no fees associated with keeping an ING Direct account, why not give it a try?