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Old 03-09-2005, 06:05 AM
coffeebreak coffeebreak is offline
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Default Re: ING Direct: Interest Compounded Daily/Monthly?

Quote:
Originally Posted by henrybemis
Hi All,
To everyone with an ING Direct orange savings account. How often is the interest on money compounded and added to account. I'm thinking about getting an orange savings account to put the money from my huge change jar.

Thanks,

Henry Bemis
ING Direct's Method:
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How do you calculate the interest on my account?

Interest on your savings account is accrued daily, compounded monthly and credited to your available balance at the end of each month.


Emigrant Direct's Method:
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How do you calculate the interest?

Interest on the American Dream Savings Account is compounded daily and credited monthly. For more details, see our Account Disclosure.
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