BootsnAll Travel Community

OK, first I hope no one hates me for posting this but it is a great deal so why not.

If you all haven't heard about this yet, this bank (ING DIRECT - might have seen them on TV) is running a promotion giving away $25 bonuses for opening a savings account from a referral link from an existing client.

All you have to do is follow the referral link and open a savings account with a minimum of $5 transferred from your current checking account (so you have to be willing to put your info online). Then they give you $25 by the end of that month. That's all there is to it! Takes like 5 minutes to do. And you can transfer the funds out immediately if you want with no penalties.

If you want to use this as your regular savings account after that, the institution is FDIC insured and the interest rate is currently around 5% (great rate). There are no fees and no minimum balance requirements with this account.

THE $25 FREE BONUS TO OPEN A "NO MINIMUM" NEW ACCOUNT IS "NOT" ON THE INGDIRECT WEBSITE. YOU MUST RECEIVE A SPECIAL INVITATION.

This means that you give me your full name and email address as you plan to use it to open the account. I then go online and send you an invitation. The info I put must match the info you put to meet the coupon code requirements and get the bonus.

So I have some referrals if you would like to take advantage of this great offer. But, PLEASE I only have so many referrals I can make, so only ask for one if you're serious about signing up.

And supposedly this offer ends 7/31/01 (but it keeps getting extended so we will see).

This does sound interesting, but at the same time edbh, is there anything in it for you? Not that it's any big deal, but I suppose you're probably getting something out of this?

You'll get the same opportunity too if you open an account. For every referral that opens an account, you get a $10 bonus. Once you have opened and verified your account, you get the $25 plus 25 referrals of your own to give out. Get your friends and family to sign up (or whoever else) and get up to $250 more!!

All I can figure is this means they don't have to pay salaried marketers or do any other sort of advertising to get new customers.