I opened a NetBank account a few years ago for the UA miles. The interest was never competitive so I closed it a year ago and now have an ING Orange account which pays very nicely. The downside is that the ATM card is essentially worthless - it won't even work at ING banks in Europe.
Does this mean that the ING ATM card won't work in Europe, not just that there's a 3% conversion charge and you should tell them you'll be traveling? Any problem with their listed ATMs in the U.S.? I see that they tend to be in convenience stores and the like; the few times I've tried those, it's been hard to make withdrawals in the $300 range as I like.
Before I learned about the ING $50 offer, after looking over the FT wiki I was ready to move my NetBank funds to Bank of Internet, where I've just become eligible for Senior Checking. May I hope that the similarity of their name and nature to NetBank's isn't too much of a concern? For now I think I'll start with ING and may move funds to B of I when a trip to Europe gets closer.