ING has a promo on now where if you are referred by a current member you recieve $25 for opening an account with a minimum of $250 and the referrer get $10. Easy to open the acct and the interest rate is 4.50% currently. There are banks offering higher interest rates, but for this small deposit and the $25 promo this is hard to beat.
4.5% APY + $10 referrer bonus = 8.5% APY effectively (on $250 deposit).
4.5% APY + $25 referred bonus (on a $250 initial deposit) = 14.5% APY effectively!
I've had an account with ING for quite a while and have been very satisfied with it.
No fees, funding is through linking your account to your existing bank (up to 3 accounts). You will see the $25 in your account in about 30 days so you need to leave the account open until then. It takes a $1 balance to leave the account open.
4.5% APY + $10 referrer bonus = 8.5% APY effectively (on $250 deposit).
4.5% APY + $25 referred bonus (on a $250 initial deposit) = 14.5% APY effectively!

I would happily refer you if you would like to join. Please PM me your First and Last Name and email address and then you will get an email with the link to join. One referral per email address. There is a limit of 25 referrals per member so others may wish to list their availability to refer as well. I joined by being referred by another Flyer Talker and appreciated it. I did a cursory search for other promos for ING and did not find any.

Frenchie Flyer