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Hurry over to ING!

Keep your Orange Savings Account deposits warm this winter with a little padding! The ING DIRECT Winter Save Up Sale earns you 4.75% APY on new deposits to your Orange Savings Account.

Here's How It Works: Deposits eligible for the Winter Save Up SaleOnly New Funds are eligible for the 4.75% APY. New Funds must:
Be from an external source
Be deposited into an Orange Savings Account
Be deposited any time between January 19, 2006 to April 15, 2006 – the Sale Period
Increase your total balances with ING DIRECT compared to your balances in all deposit accounts at the beginning of the Sale Period 4.75% Interest Calculation To determine what portion of your Orange Savings Account balance will earn the 4.75% APY, during the Sale Period we add up all of your new deposits from an external source and then subtract all withdrawals from the account (whether internal or external) from that total. If that amount is greater than zero, it is eligible for the 4.75% APY. If an account is closed during the Sale Period, the 4.75% may not be earned for the entire period that the new funds were on deposit. Accounts eligible for the Winter Save Up Sale
All new Orange Savings Accounts opened by new ING DIRECT Customers
All existing Orange Savings Accounts belonging to currentING DIRECT Customers
After the Winter Save Up Sale ends After April 15, 2006, all the money in your Orange Savings Account will earn the current APY at that time.
For example, using the Orange Savings Account APY from December 31, 2005 (3.80%), all New Funds that are deposited on January 19, 2006, will yield 4.75% APY for 87 days until April 15, 2006, and would yield 3.80% APY after that date. So, the blended APY for the first year after account opening is 4.03%. The blended APY for New Funds that are on deposit for fewer than 87 days will be lower, as it may vary depending on the number of days the promotional rate is earned. The non-promotional APY is variable and may change during the Sale Period.ING DIRECT retains the right to withdraw this offer at any time

Winter Save Up Sale FAQ 1. Who is eligible for the Winter Save Up Sale? Everyone – current Customers who have an Orange Savings Account (one account or multiple accounts) and new Customers who open an Orange Savings Account. 2. Is all of my money eligible for the sale? All New Funds deposited to your Orange Savings Account between January 19 and April 15 from your linked account (manually or through your Automatic Savings Plan) or through Direct Deposit are eligible to earn the 4.75% APY.Interest earned, transfers between Orange Savings Accounts, and any disbursements from an Orange CD that are transferred into your Orange Savings Account are not eligible for the bonus rate. However, this money will still continue to earn the current rate of 3.80% . 3. Is there a minimum balance required to receive the 4.75% sale APY? No.4. What happens if I make a withdrawal or transfer from my account? Any withdrawal or transfer from your account (which includes moving funds to other deposit accounts at ING DIRECT) will decrease the portion of your balance that is earning 4.75% APY. The best way to take advantage of the 4.75% APY is to truly save and leave your money in your account. 5. How do you calculate the interest for the Winter Save Up Sale? To determine what portion of your Orange Savings Account balance will earn the 4.75% APY, during the Sale Period we add up all of your new deposits from an external source and then subtract all withdrawals from the account (whether internal or external) from that total. If that amount is greater than zero, it is eligible for the 4.75% APY. If an account is closed during the Sale Period, the 4.75% may not be earned for the entire period that the new funds were on deposit. 6. How long is the promotion running? The Winter Save Up Sale runs from January 19, 2006 to April 15, 2006.7. What happens to my money after the promotion ends on April 15, 2006? All of the money in your Orange Savings Account will receive the current APY at that time.8. Where can I see the interest I’ve earned during the Winter Save Up Sale? The interest you’ve earned on your New Funds will be posted to your account at the end of each month as Winter Save Up Sale Interest. It will be displayed as a line item in the Account Details of your Orange Savings Account on our secure website and on your monthly Statement.9. What are the tax implications? Interest earned as part of the Winter Save Up Sale, just like all other earned interest, is generally taxable income. It will be included in your 2006 year end tax reporting.10. Does this promotion apply to my Orange CD Account? No, the promotion is only being offered for the Orange Savings Account.