ING Direct Offering $50 Bonus to Open Electric Orange Checking

ING Direct is offering a $50 cash bonus to open an Electric Orange checking account and make at least 3 signature based transactions in the first 45 days. The Electric Orange account pays 1.10% APY on balances of $50,000 - $99,999 and 1.15% on balances of $100,000+. That's up near the top of online checking account rates. For balances below $50,000 the rate drops to .25% APY.

The terms and conditions look pretty simple on this offer.

1. Open an Electric Orange checking account
2. Make a total of 3 Card purchases or Person2Person Payments (or any combo of the two) within 45 days of account opening.
3. Your $50 bonus will automatically be deposited into your account on day 50.

So you'd need to keep the account open for at least 50 days although I'm sure ING hopes it will be a lot longer.

Fifty dollars isn't bad. I might just open an account and then use my new card to go out for dinner. On ING :).

You won't see this offer on their website, so use the link below to learn more.