Updated: April 3, 2014 at 9:51 PM

ING Direct TSFA account

Decades ago, ING Direct use to provide the highest interest rate for all accounts. Now, given so much competition, there are much better interest rates elsewhere. 

ING Direct account transaction is also not as efficient as other businesses. You cannot make transfer of less than a dollar. If you request to make a transfer immediately, it will occur the day after. If you transfer money in, it will be on hold for 5 business days, even if you are transferring from your own authorized bank account.

Verdict: Not Recommended

Categories: TSFA Account

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