I have an ING Direct Electric Orange Checking account. I don't really use it for anything other than Direct Deposit, ATM withdrawals, and to pay a few bills via automated withdrawals initiated by the biller. One thing I didn't like, which prompted me to open a checking account with E*Trade, is that they immediately deduct from your account the amount of any check you issue via their website. They do not deduct the amount from your account when the check clears. Essentially, they're getting your money for free during the time of the float. That pissed me off. I haven't used that particular feature in a long time, so perhaps it has changed. My guess is that it has not changed.
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