For the last two-and-a-half years I’ve been using ING Direct as my primary bank for checking and savings. They offer lots of great benefits, and they’re all free. Since I pay just about everything online, I have less and less need for a traditional bank. In addition to paying nearly all of my bills, I can send money to people via direct bank transfer or paper check (that they send postage paid). I can even mail most checks in and have them deposited in a couple of days.1 That’s the single reason I keep a traditional checking account. I deposit the few checks and occasional cash I get into a checking account with Chase and use ING’s website to move money to and from any of my accounts—again, completely free of charge.
If you’re looking for a new checking or savings account, I’d encourage you to check out ING Direct. If you open an account with as little as $250 by the end of the month through my referral link, you’ll get $25 deposited into your new account. In full disclosure, I’ll also get $20. :)
Send me an email and let me know if you’re interested in opening a checking or savings account, and I’ll send you the referral email.
- I say most, because some checks can’t be deposited. ↩