Top 7 Reasons to Open a Savings Account with Capital One 360:
- To preserve the buying power of your money against inflation.
- To gain compounding interest.
- To save more money (it is too easy to withdraw money from a regular savings account).
- To avoid letting your money sit idle in a savings account. Most savings accounts are only paying .5% interest.
- To take advantage of the high ING savings account rate with no minimum account balance, and no fees.
- To have your money in a safe place, ING Direct is FDIC insured up to $250,000 per account – there is NO RISK!
- To be more disciplined in your saving by using ING Direct’s optional automatic savings program which allows you to set up a monthly or weekly transfer from your checking account into your ING Direct money market. This way you won’t be living on the edge of you income without putting anything aside for a rainy day, unemployment, disease, accidents, or natural disasters. You can predict but you can prepare.
It is never to late to start saving, so open an account now by going to the Capital One 360 savings application page, it only takes a few minutes to link your bank account(s) and you can start earning interest today. Also, you do not need to change banks to open an account.
To learn more about ING Direct and other savings banks you can visit the money market accounts page.