[Money] ING Direct: Open a Savings Account + Deposit $100 and Get a $50 Bonus

[Kate M]

Here's an offer from ING Direct. When you open a regular savings account, RSP or TFSA with $100 or more, you'll get a $50 bonus! The offer is open to new clients only, and there's a limit of one bonus per client/account.

It's pretty simple to take part -- just fill out the online form and then mail a cheque of $100 or more to ING. That cheque will be used to link your chequing account to your new ING account for making future transactions. Currently, ING is offering 1.35% interest for savings accounts and RSPs and 1.40% on TFSAs.

[archdemon]

Please include more info, cannot find this on ING site..

So you have to wait until they get the cheque, process it ,confirm and then you get mailed back a 50$ cheque?

Then you can take out the 100$, and do it over and over again?

[frugal_fanboy]

Please include more info, cannot find this on ING site..

So you have to wait until they get the cheque, process it ,confirm and then you get mailed back a 50$ cheque?

Then you can take out the 100$, and do it over and over again?

Link is right in the OP... http://www.ingdirect.ca/en/landingpage/savingspree/
Also, I don't understand the over and over again. 1 time only for new clients. Pretty sure you can't cancel your account and then open a new one to be considered a 'new client' and double dip.

My question is, what if you are an existing client but only with a Chequing account? Can you open a new Savings account, make the deposit and receive this bonus? Yes, I know I can call and ask myself, just wondering if anyone already knew the answer.

[nivek_k2020]

Please include more info, cannot find this on ING site..

So you have to wait until they get the cheque, process it ,confirm and then you get mailed back a 50$ cheque?

Then you can take out the 100$, and do it over and over again?

Can you really do it over and over again using the same name on account?
Doesn't seem likely.

[jfmartel]

Please include more info, cannot find this on ING site..

So you have to wait until they get the cheque, process it ,confirm and then you get mailed back a 50$ cheque?

Then you can take out the 100$, and do it over and over again?

They deposit 50$ in your new ING account.

You can, then transfert the whole 150$ back to your principal institution.

Let's say your main bank account is with RBC. You write a cheque of 100$ to yourself with your ING account number you just created in the note area and mail it to ING. A couple days later, you'll see in your ING account your 100$ deposited, and ING will make another deposit of 50$ in your ING account.

Each time you mail a cheque to ING they link it with the cheque account. You can widthdraw and deposit using that technique.

[redflagged2006]

Link is right in the OP... http://www.ingdirect.ca/en/landingpage/savingspree/
Also, I don't understand the over and over again. 1 time only for new clients. Pretty sure you can't cancel your account and then open a new one to be considered a 'new client' and double dip.

My question is, what if you are an existing client but only with a Chequing account? Can you open a new Savings account, make the deposit and receive this bonus? Yes, I know I can call and ask myself, just wondering if anyone already knew the answer.

+1 I'm too lazy to call and talk to CS

Unlikely you can double dip coz they have your SIN

[blazed16]

Sucks i have cheq account but because im a customer they wont let me open save. account to get a bonus. O well.

[redflagged2006]

Sucks i have cheq account but because im a customer they wont let me open save. account to get a bonus. O well.

There we have it... Only new clients with no ING accounts of any kind.

Thanks for the leg work!

[a-p-p-l-e-s]

I think I will make one, and then another one using my brothers name because he wouldn't mind

[goodfortune]

If you have a friend who has an ING account, get him to refer you and he will get a $25 or $50 referral bonus. Then after your account is activated, you can refer your brother to create an ING account so you will get a referral bonus.

I think I will make one, and then another one using my brothers name because he wouldn't mind

[potverdomme]

ING sent me a free $100 Apple gc just for setting up automatic deposits from my employer

[wilks92]

is it the same as this thread?
http://www.redflagdeals.com/deal/fin...-the-usual-25/

[riamo]

What is deadline for this?

[Abouscent1961]

Keep in mind, though, that ING Direct has been taken over by Capital One and so you'll actually end up with a Capital One account.

[wilks92]

http://www.ingdirect.ca/en/landingpa...utm_content=Q4

Open an account with $100 or more and get a $50 Bonus.*

Complete the secure online form.
You'll receive your unique ING DIRECT Client Number right away.

Write a cheque and mail it to us.
We will use your initial deposit cheque to
create a secure and direct link between ING DIRECT and your chequing account for future transactions.

® A registered trademark of ING Bank of Canada, a member of Canada Deposit Insurance Corporation.

* Bonus offer valid for new Clients who open an Investment Savings Account (regular, RSP or TFSA) with a starting balance of $100.00 or more. Limit of one offer per Client/Account.

Savings Account rates are annualized and are current as of today's date and are subject to change without notice. Interest is calculated daily and paid monthly.