I have had my account since 1/04 and have been very happy with it, especially the $25 sign-on bonus and the $10 I received from each person who I referred who signed up. I was also happy to see that ING raised their interest rate a few days ago to 2.2% . But I just e-mailed ING to find out how their interest is calculated, specifically to find out if they compound the interest daily as my credit union does. What I found out is that the interest is accrued daily and compounded monthly! This means that I would be making more interest in my credit union savings account at 1.75%!! I know that savings banks around here (Long Island) are giving 0.4-0.5% on savings accounts (compounded daily) so ING would probably still be a good deal if that is the only choice you have in terms of savings rates. I have now transferred most of my money out of ING and am just keeping a nominal amount in there in case I come upon more people I can give referrals to 
Lorie
Lorie
