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Update on ING Direct's Electric Orange $50 Promotion


Update 7/21/09: A new Electric Orange $50 promo is available at Code is ESB42 and the account must be opened by August 11, 2009. Refer to this SD thread for more details.

ING Direct has another $50 promotion for opening a new Electric Orange Checking account. A reader just forwarded me the promo info that ING Direct had emailed. The promo page is located at, and the new reference code is EM295. The account must be opened by 7/31/2009.

You're required to use your Electric Orange Debit Card Card to make at least 3 signature-based purchases in the first 45 days after your account has been opened. Signature-based means that you have to use it like a credit card without providing your PIN.

This is very similar to the one ING Direct was offering in May. When I called ING Direct in May, I was told that existing ING Direct customers without an EO account should qualify. Note, in past promotions readers have reported receiving an invalid code response if they didn't qualify.

A Fatwallet member in this FW thread reported that he first opened the savings account using a $25 refer-a-friend bonus and then opened the Electric Orange account from a previous $50 Electric Orange promotion. Both the $25 and $50 bonuses were credited automatically.

There's a $25 bonus for the savings account that still seems to be available. Refer to this post for more details. Some readers have reported problems with that promo code. If you have problems, I can send you a $25 refer-a-friend referral. This requires a minimum $250 deposit. Send me email at bankdeals at gmail dot com. Make sure to include your first and last name and let me know that you want the referral for the savings account.

For more details about ING Direct and the savings and checking accounts, refer to my previous post.

ING Direct's bank deposit products are FDIC insured (FDIC Certificate # 35489)

Thanks to the reader who sent me the info on this new promo.

  Tags: ING DIRECT, checking account

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Comment #1 by Anonymous posted on
After opening the ING Savings account with $1 and taking advantage of the $25 bonus, I simply slid the $26 into an Electric Orange checking account. Three small signature transactions and I'll have parlayed the $1 initial investment into $75. Thanks, BankGuy.

Comment #2 by Anonymous posted on
I know this is a bit of topic. Does anyone of any codes for ShareBuilder? Thanks!

Comment #3 by Anonymous posted on
It will be a hard pull, according to a CSR