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Originally Posted by rexdart
I'm sure I could probably transfer out and back in to capitalize but I don't think my bank should make me work quite that hard. that's why I switched.
or am I missing something?
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You can't withdraw money from ING and then redeposit and get the 4.75% rate. Withdrawls are subtracted.
Here's what they say:
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.