Dedicated to Deposits: Deals, Data, and Discussion

ING Direct Extends Its Black Friday Sale

POSTED ON BY

ING DIRECT
Update 11/29/09: They didn't extend it for very long. It has now ended.

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.
  Tags: ING DIRECT

Related Posts

Comments
5 comments.
Comment #1 by Anonymous posted on
Anonymous
Sounds like it should have been "due to lack of demand, we're extending..."

1
Comment #2 by David (anonymous) posted on
David
Raise the interest rates on the CD and you will attract many, many customers!!

1
Comment #3 by Anonymous posted on
Anonymous
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

1
Comment #4 by Anonymous posted on
Anonymous
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.

1