Comments on: ING Business Savings Account Review

By: Ryan

Ryan — Thu, 05 Feb 2009 01:23:01 +0000

You may still be able to open another account under an EIN or under your SSN as a Sole Proprietor. I prefer to have my accounts separate for tracking purposes.

By: SimplyForties

SimplyForties — Thu, 05 Feb 2009 01:12:40 +0000

Unfortunately for me, I opened my ING business account before they actually had separate business accounts. I tried to shift my account over and make it a “business account” and they would have none of it. Oh well. I haven’t decided it I care enough to call them and discuss it.

By: Ryan

Ryan — Fri, 09 Jan 2009 17:28:35 +0000

Thanks, Craig. I’m happy with my ING Business Savings Account so far. Just keep in mind there are some limitations regarding liquidity, if that is a concern of yours. (for example, you can only link it to one external checking account, and it takes 2-3 days to complete a transfer). However, that APY makes it worth it to me for my business.

By: Craig

Craig — Fri, 09 Jan 2009 16:26:14 +0000

Good review, I know you always recommend the ING for personal use, nice to see you find them useful for business as well. I’ll keep that in mind if I ever need to open a business acount.