ING Electric Orange $25 Bonus Promotion Code

Just got this email from ING Direct.

The online bank is currently running a promotion for its Electric Orange Checking Account. The promotion will give $25 bonus to each new customer when the following conditions are met:

1. Open an Electric Orange with promotion code EM298 by August 22, 2009;
2. Activate the Electric Orange MasterCard Debit Card;
3. Use the Electric Orange Card to make at least 3 signature-based purchases in the first 45 days after the account has been opened;
4. $25 bonus will be automatically deposited into the Electric Orange 50 days after the account has been opened.

Electric Orange is ING’s interest bearing checking account, but the interests paid on small account balance is close to nothing. Currently, an account with balance up to $50,000 only earns 0.25% APY. I don’t know if you like this account or not, but I am definitely not interested. If I have that amount of money, I will put it in a savings account instead to earn a much better yield.

BTW, if you are looking for $25 bonus to open an ING Direct Orange Savings Account, you can a lot of referral links here.