ING Increases Rate to 4.40% APY

While still trailing the market leaders, such as HSBC and EmigrantDirect, ING DIRECT has increased their rate on the Orange Savings Account to 4.40% APY.

As a reminder, ING DIRECT is still offering a $25 bonus that will be deposited to your account if your initial deposit is $250 or greater. To receive the $25 bonus, please take advantage of this ING DIRECT referral link from My New Choice.

If you use the link above to open your account, you should see the following message after you click on the “Open Now” link on the first page:

Start savings with a great rate. To receive your $25 bonus, open and fund your Orange Savings Account with at least a $250 initial deposit.

If you see the following message instead, please leave a comment here and I will provide you with an updated link to receive your $25 bonus.

The link you’ve used to open a new Orange Savings Account is no longer valid – it has either expired or has already been used.

That is all there is to receiving the free $25 bonus from ING DIRECT. Enjoy!