Here’s a simple way to make $25 in only a few minutes. Previously, I’ve written about why every college student should have a high-yield savings account and the benefits of opening a separate account. By opening a high-yield savings account at ING Direct, you’ll get a $25 bonus after 30 days if you deposit a minimum of $250. That’s a 10% return just for opening a free account.
About the $25 bonus:
- Use an active link from the list below to be eligible for the bonus
- Complete the application (no need to enter a promotional code, because the links have the promotional information built in)
- Fund the account with an initial deposit of at least $250 and leave it in the account for at least 30 days
- Disclosure: The $10 I get for referring you will go directly into my loan payback fund (my ING account is my payback fund)
After 30 days, you can withdraw some or all of your money, because there is no minimum balance requirement and no annual or monthly fees. Interest on your savings account is accrued daily, compounded monthly and credited to your available balance at the end of each month.
If everything sounds good, get your $25 by following these steps:
- Click on one of the “ING $25 Bonus” links below
- Read the terms and then click on the “Open now!” button
- Verify that the link is still active. The new page should say:
“Start savings with a great rate. To receive your $25 bonus, open and fund your Orange Savings Account with at least a $250 initial deposit.”
If the top paragraph says anything else, then the link has been used, and you need to come back here and choose another one. If there are none left, leave a comment or contact me, and I’ll add more. I only have 25 referrals, so I’ll keep posting links until I run out.
- ING $25 Bonus (Used by a family member)
- ING $25 Bonus (1 reader has earned $25!)
- ING $25 Bonus (2 readers have earned $25!)
- ING $25 Bonus (3 readers have earned $25!)
- ING $25 Bonus (4 readers have earned $25!)
- ING $25 Bonus (5 readers have earned $25!)
- ING $25 Bonus (6 readers have earned $25!)
- ING $25 Bonus (7 readers have earned $25!)
- ING $25 Bonus (8 readers have earned $25!)
- ING $25 Bonus (9 readers have earned $25!)
- ING $25 Bonus (10 readers have earned $25!)
- ING $25 Bonus (11 readers have earned $25!)
- ING $25 Bonus (12 readers have earned $25!)
- ING $25 Bonus (13 readers have earned $25!)
- ING $25 Bonus (14 readers have earned $25!)
- ING $25 Bonus (15 readers have earned $25!)
- ING $25 Bonus (16 readers have earned $25!)
- ING $25 Bonus
- ING $25 Bonus
- ING $25 Bonus
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Or you can make $25 with only $1 in starting capital
http://dividendgrowth.blogspot.com/2008/02/e-trade-savings-account-bonus.html
It’s funny - I posted this on my blog like 6 months ago, and I’m surprised at how many people don’t know it. Plus, if you’re like me, you may qualify for a no-interest loan (find out by visiting the student financial aid dept), where the interest is paid by the government as a form of a grant.
I save quite well and don’t need a loan to pay for school, but I’ll still get one to cash in on ING direct giving me 4-5 APY on 4-10 grand the government will loan me for free. As long as you’re disciplined not to spend the corpus of the loan …
Also, even if you need the money you can probably do something similar to credit card arbitrage, where you’ll still get a few months of interest from the savings account.
If you have any Canadian readers who want to take advantage of this, I have 20 referrals left (but the Canadian one is only $13 instead of $25. Better then nothing though!)
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