1. Wednesday, August 15, 2012 - 2:29 PM
According to ING DIRECT's Q&A:
The ING DIRECT accounts don't have the best rates, but they do have a history of remaining fairly competitive over the long run. If you plan to hold a large balance in the account, the Electric Orange checking would actually be the best account. It has yields higher than the Orange savings account for balances over $50K. Currently, the Electric Orange account pays 0.85% APY for balances of $50K to under $100K and 0.90% APY for balances of $100K and above.
You can register your Electric Orange, Orange Savings Account or Orange CD in the name of a Revocable Living Trust.
The ING DIRECT accounts don't have the best rates, but they do have a history of remaining fairly competitive over the long run. If you plan to hold a large balance in the account, the Electric Orange checking would actually be the best account. It has yields higher than the Orange savings account for balances over $50K. Currently, the Electric Orange account pays 0.85% APY for balances of $50K to under $100K and 0.90% APY for balances of $100K and above.
2

