ING Direct Extends Its Black Friday Sale
Nov 28, 2009 - 7:25 AM by Ken Tumin
On its Black Friday promotions page, ING Direct states:
Due to popular demand, we've extended the Black Friday Sale!
Refer to my ING Direct Black Friday review post for more details of the promotion. As I mentioned in that post, the best deal is the $121 bonus for opening the Electric Orange checking account (it also requires making 3 signature-based debit card purchases). The other special, the 2% APY 12-month CD, is not too exciting, but I'm afraid it is competitive in today's low rate environment.
I guess ING Direct didn't attract as many new customers and deposits as they were expecting. Perhaps too many people yesterday were shopping rather than looking for bank deals. If the CD rate were a little higher, they could have pulled in more deposits.
Thanks to the commenter who noted this extension.
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Anonymous - #1, Saturday, November 28, 2009 - 11:28 AM
Sounds like it should have been "due to lack of demand, we're extending..."
David (anonymous) - #2, Saturday, November 28, 2009 - 1:24 PM
Raise the interest rates on the CD and you will attract many, many customers!!
Anonymous - #3, Saturday, November 28, 2009 - 7:59 PM
OK, this may sound stupid, but I don't use debit cards. So, what is a signature based card purchases. If I use the debit card, is there any way to make a non-signature purchase? If so, how do you specify this at a store? Are there any knids of purchases that you can not do signature on (gas, supermarket, etc)? What is the easiest way to make these signature purchases?
Thanks
Anonymous - #4, Saturday, November 28, 2009 - 8:46 PM
To Anon @ 5:59PM, 11/28/2009:
To make a "signature based card purchase": Just select credit (not debit) when making a purchase @ POS. Or, use the debit card as a credit card (select credit) to pay your utilities or telephone bill, online.
Anonymous - #5, Thursday, December 24, 2009 - 5:11 PM
I've had my ING Direct account for a couple of years now and the experience has been great. They even offer a bonus for new customers. When you open an account for at least $250 (only by using the referral), you will receive a $25 bonus from ING. If you would like a referral, please send your full name and email address to andy7984@aol.com.
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