The program is also improved over the one in the past in that users now are given a multi-use unique referral link that can be used for all your referrals, instead of having to create and send a new link for every customer you refer. if you had used up all $500 of your referrals in the past, some have reported that you may now have a new $1000 referral limit. That program is still around after the re-branding, and the bonus has been updated and is now $20. The new customer would then get a $25 cash bonus for the savings account, or $50 for the checking. One thing ING Direct was known for was it’s referral program where a customer of the bank was able to refer a new customer to the bank and get a $10 bounty when they signed up with a deposit of at least $250. It just works.Īfter the rebranding the app is essentially the same, just with a new bank name and color scheme attached. You can check balances, transfer funds and make deposits of checks right from the app. The new app does everything it is advertised to do. While those options were good enough for most people, the convenience of depositing checks with your mobile phone was still needed. Up until it was released last year, however, the only deposit options were to send a check in the mail, scan a check and upload on the website or transfer money from an external account. It had been a long time in coming, people had been asking for mobile phone deposits for years it seems like. Shortly before ING was re-branded the company released a new mobile app. Once you’ve reached a savings goal it will move over to the “Great Saves” tab where you can check out goals you’ve reached in the past. A fun little tool to keep you motivated if nothing else. The widget gives you a countdown of how much time is left, and then tells you how far you are towards reaching the goal. The one above is for our “Vacation” account and is tracking our savings towards a $3000 vacation budget later this year. It’s kind of a cool feature, and since I was already using the goal based savings accounts I setup a couple of savings goals within my account. There is now a “My Savings Goals” section in the menu that will take you to a page where you can setup savings goals, link them to your sub-accounts, and then track your progress over time towards those goals. There is at least one new thing added to the account that I saw when I logged in (unless I missed it in the past). I loved this about ING and will continue to use the feature with Capital One 360. For example, if you look at our account above you’ll see two accounts, one for saving for our next car, and one to save for our next vacation. You can still set up multiple savings accounts for different goals in your savings accounts. You can still login and manage your checking, savings, kids savings, and investment accounts from basically the same accounts dashboard.Įven though the website has a new look and feel, most of the things you’re familiar with under the hood are all still there. As far as logging in and using the account the transition has been pretty seamless. It will still ask you for your customer number or Saver ID, PIN, and ask you to confirm the security image.

You’re going from the old familiar orange and blue colors that we’re all familiar with, to the new Capital One maroon and blue. The main change that you’re going to notice with your newly re-branded Capital One 360 savings account is that it now has a completely different look and feel. More Easy (And Free) Access To Your Money.

So what will be changing now that the changeover is complete and ING Direct has become Capital One 360 savings? I’ve been a big fan of ING Direct, so I decided to stick around and see how I liked the new Capital One 360 savings account. For a long time they also had one of the better interest rates in the business.

I loved how they had a good set of mobile and remote deposit options. I love how you can add multiple sub-accounts in their interface to help facilitate goal based savings accounts. I have been an ING Direct customer for several years now and I have had nothing but positive experiences dealing with ING. The acquisition has now gone through, and as of early this year ING Direct has now been re-branded as Capital One 360. There were some who feared that being acquired by Capital One might ruin ING Direct, and some considered packing their money bags and heading for greener pastures. Last year the personal finance blogosphere was abuzz when it was announced that ING Direct savings, a blogger favorite bank, was soon going to be acquired by Capital One.

Capital 360 online banking