ING direct FF miles?
Mar 18, 2003 | 8:48 pm
#17
Join Date: Feb 2001
Location: Ann Arbor, Michigan
Programs: Airline Free Agent, Fairmont Lifetime Platinum, Hyatt Globalist, Hilton Honors Diamond
Posts: 3,064
Ingdirect is great, highly recommended...Highest available rate, FDIC insured, and very easy/simple/convenient website including transferring money from/to your checking account!
I use it myself and recommend it to clients (I am a Certified Financial Planner).
By the way, I could do a referral too
[email protected]
I use it myself and recommend it to clients (I am a Certified Financial Planner).
By the way, I could do a referral too
[email protected]
Mar 19, 2003 | 5:25 am
#19
Join Date: Apr 2002
Posts: 3,229
I opened an account with ING about two weeks ago and received the $50 bonus. You must enroll on-line in order to receive it, and the $50 bonus posted within a day or so. I can't seem to find the link that I used. I'll keep checking and will post a response if I figure it out.
Mar 22, 2003 | 10:13 am
#20
Join Date: Aug 2002
Location: FL
Posts: 72
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Bourne:
Though Bankdirect gives miles, it's APR is about a 1% less than comparable products.
With a $100K CD purchase, you are technically paying...
$1K(the 1% spread) for 100K miles on a 2Yr CD
$1K(the 1% spread) for 50K miles on a 1Yr CD
$1K(the 1% spread) for 25K miles on a 6month CD
As you can see, it makes sense only if you buy the 2Yr CD. And within the two year term, your "cost" is going to increase as the "spread" increases because of rate hikes.
IMHO, its a Catch 22 situation. If you are a highly conservative investor, go for it. Otherwise, take a higher APR on a 1Yr CD somewhere else.
[This message has been edited by Bourne (edited 03-12-2003).]</font>
Though Bankdirect gives miles, it's APR is about a 1% less than comparable products.
With a $100K CD purchase, you are technically paying...
$1K(the 1% spread) for 100K miles on a 2Yr CD
$1K(the 1% spread) for 50K miles on a 1Yr CD
$1K(the 1% spread) for 25K miles on a 6month CD
As you can see, it makes sense only if you buy the 2Yr CD. And within the two year term, your "cost" is going to increase as the "spread" increases because of rate hikes.
IMHO, its a Catch 22 situation. If you are a highly conservative investor, go for it. Otherwise, take a higher APR on a 1Yr CD somewhere else.
[This message has been edited by Bourne (edited 03-12-2003).]</font>
Mar 23, 2003 | 10:14 am
#21
Join Date: Jul 2000
Location: BOS, SEA
Programs: AA Lifetime Gold, DL Gold, LP ex-Millionaire!
Posts: 565
I, too, am a very satisfied ING customer. Their website is basic but very easy to use. I love the ability to link up to 3 bank accounts so you can do online transfers (no fee).
Duckman--how does the referral program work? I'd like to refer my friends (and anyone on this board) but don't know how to go about it. I couldn't find anything on the website. Thanks!
Duckman--how does the referral program work? I'd like to refer my friends (and anyone on this board) but don't know how to go about it. I couldn't find anything on the website. Thanks!
Mar 23, 2003 | 11:41 am
#22
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Bay Area, CA
Programs: UA Plat 2MM; AS MVP Gold 75K
Posts: 35,092
ING has worked well for me. I've used it for a year and a half now, and never had any issues. They always handle transfers promptly and never charge fees.
Also competitive for full-service banking is World Savings at 2.13% for money markets > $10K. They have a bunch of free gift options available for new accounts opened online. They also throw in a bunch of free branch services (notary, safe deposit, money orders, cashier's checks, etc.) for accounts with > $10K.
Also competitive for full-service banking is World Savings at 2.13% for money markets > $10K. They have a bunch of free gift options available for new accounts opened online. They also throw in a bunch of free branch services (notary, safe deposit, money orders, cashier's checks, etc.) for accounts with > $10K.
Mar 23, 2003 | 1:16 pm
#23
Original Member
Join Date: May 1998
Posts: 2,513
Duckman--how does the referral program work? I'd like to refer my friends (and anyone on this board) but don't know how to go about it. I couldn't find anything on the website. Thanks!
[/B][/QUOTE]
After you log in, look at the bottom of the screen for a link to the referral program.
The program has worked well for me for years. People who want to reward me for my efforts maintaining my web site aske to be referred after reading about the bank in the Finance section of my web site.
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Free Frequent Flyer Miles
[/B][/QUOTE]
After you log in, look at the bottom of the screen for a link to the referral program.
The program has worked well for me for years. People who want to reward me for my efforts maintaining my web site aske to be referred after reading about the bank in the Finance section of my web site.
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Free Frequent Flyer Miles