• ING Direct Canada No Fee Savings Accounts Review

    ING Direct Canada No Fee, High Interest Savings Accounts

    ING Direct Canada is known for offering some of the best no fee savings account options to Canadians. ING has become so popular in Canada in the past five years do to the popularity of their investment savings accounts, that they recently even launched a no fee chequing account product this year. ING Direct offers a few different investment savings account options for Canadians. Depending on your situation, one of these no fee, high interest savings accounts should fit your needs.

    ING Direct No Fee Investment Savings Account (Interest Rate 1.5%)

    The ING Direct Investment Savings account is the standard no fee savings account that ING Direct offers to Canadians. This account offers a high interest rate along with no monthly fee's or minimum balance. Canadians can set up automatic transfers from their existing bank accounts in monthly installments or lump sums with no fee's. Should you wish to hold your savings in $US you can do so with the $US Investment Savings Account but the interest rate is lower at 0.75%. Canadians can make transfers to and from their ING Direct account, cheque balances and more online or over the phone.

    ING Direct No Fee Business Investment Savings Account (Interest Rate 0.75%)

    The Investment Business Savings account is very similar to the regular ING savings account listed above, but the great no fee options are made available to business account owners as well. Again, there are no monthly or transaction fee's and business customers can make as many transactions as they want, and still earn a high rate of interest.

    ING Direct Insured Deposits and Secure Online Banking

    ING Direct Canada offers a very user friendly website to view all your ING Direct account balances and banking options. Canadians can also rest assured their money is safe. ING Direct is a member of the Canadian Deposit Insurance Corporation CDIC. Deposits are insured up to $100,000.

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