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Ing Direct Toronto Deals

  • ING Direct No-Fee Chequing Accounts Open to Everyone - Free EMTs and more - Toronto Deal

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    Ing Direct

    ING Direct No-Fee Chequing Accounts Open to Everyone - Free EMTs and more

    January 22 update: Good news! ING Direct's THRiVE Chequing Account is now available to everyone. It's one of a number of free chequing accounts out there but it's the most full featured by a fair margin. You can't get free e-mail money transfers, overdraft protection, and interest on your balance together in any of the other free chequing accounts.
    Originally posted August 26: Very soon, ING Direct will offer Canadian customers a no-fee chequing account called "THRiVE Chequing". Here are some of the features that might interest you:
    • an interest rate of 0.25% for balances of $0 - $49,999, 1% for $50,000 to $99,999.99 and 1.1% for $100,000 and more.
    • ING "Whoops!" overdraft protection covers you for up to $250 in overdrawn funds without fees or interest provided money is paid back within 30 days
    • no-fee bank machine access to The Exchange Network
    • free email money transfers and free first order of cheques (20), additional cheques are 20 for $10
    • email notification every time you make a withdrawal
    10,000 accounts will be available on September 14. You can learn more about the account here and pre-register if you are an ING Direct customer.
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