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Question about ING

January 3rd, 2008 at 10:40 am

I want to open a second ING savings account. I want to use it to start my car fund that I talked about in an earlier post. I'm just not sure if ING allows 2 of the same kind of savings accounts or not? Especially if I fund it from the same personal checking account as my current one. I think I can do that but its not very clear on their website.
I was also considering using their Electric orange checking account instead of another savings. But I don't really need the features of their checking and the Savings pay more.
If anyone knows about ING Savings or has any better advice for me please let me know.

Thanks.

6 Responses to “Question about ING”

  1. Aleta Says:

    I believe that they allow what is called sub accounts. Someone else on this forum has spoken about that. You can call them and see what they offer.

  2. mom-from-missouri Says:

    We have 4 savings accounts with ING--each was a referral off of the other.

  3. luxliving Says:

    ING will let you set up a bunch of subaccounts that are all funded by the same bank account.

  4. Amber Says:

    I have 3 accounts and I love it. Best decision I ever made good luck

  5. frugaltexan75 Says:

    All you have to do to set up a subaccount is click "Open Account" which is on the upper lefthand side when you are signed into your account. It will ask you to give it a nickname (if you want to) and then tell it where you'll start funding it from (easiest way is to just transfer an amount from your already existing savings account.)

    I just did this yesterday, and now have a total of 4 subaccounts and Electric Orange.

  6. Toyguy1963 Says:

    Ohh thanks everyone for the help. I'm going to give it a try. It will make saving for a car fund a lot easier.

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