How to Open Your Online Savings Account
February 14th, 2007 |
We’re only seven weeks into the Million Dollar Savings Club this year. Here are the standings for each level of commitment:
Bronze - $175
Silver - $350
Gold - $700
I’m getting a lot of emails asking, “How do I open my Online Savings Account”. So here we go:
First, go to ING Direct’s Website
Then, Choose the button to “open an account”
You will need to already have a checking account to link into ING Direct. They verify your checking account by depositing 2 small amounts of money into it. These are less than $1.00 each so don’t get too excited just yet.
This part of setting up your account is kind of fun because you check your bank everyday looking for the deposits.
Once you find the deposits, write them down. Then go back to ING Direct and sign into your new online savings account. You will be asked to verify the 2 deposits. Then your accounts are linked together. You will seamlessly be able to transfer money bank forth between ING Direct and your checking account.
That’s all there is to it.
Of course you’ll need to choose which Million Dollar Savings club level you want to be at. You can decide that here.
I’ve also written an article showing exactly how I set up my ING direct account to be a Silver Level Saver.
So get your savings account set up today. Then you can start playing along with the rest of us and watch your savings grow.
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