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#3
11-02-05, 02:23 PM
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I'm now ING-ing
Don’t know why I waited so long. My meager winnings are now growing at 3.4% annual yield, plus I received $25 bonus for opening the account through a referral. PM me your full name and email if you’d like a referral – you get $25, I get $10.
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#4
11-02-05, 02:45 PM
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Can you post a link? I honestly don't even know what you're talking about, but I'll look into it. Is this some sort of Neteller alternative?
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#5
11-02-05, 03:29 PM
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Just an online bank
Ing Direct is an online bank. You've probably seen the big orange ads.
The advantage is the high interest rate -- it's basically a good place to store a chunk of cash, more fluid than a CD. It’s FDIC insured, and you can make electronic deposits and withdrawals from your regular physical bank whenever you want. It can not be used to fund poker sites directly. However, you can attach you Netteller accnt to it, just like any other bank accnt. |
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#6
11-02-05, 05:15 PM
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For the canadian website, I did the refer a friend to get $13 both for my account and the friend that opened an account.
I believe the US site has a similar promo, but I think the only way to tell is if an existing member logs in. *Edit - maybe next time I'll read the entire thread. |
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#7
11-02-05, 05:28 PM
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What kind of account do you have? Im pretty dumb about all this bank stuff.
Would it be better to get the savings account or a GIC?
__________________
I play a game, it's called insincerity. |
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#8
11-02-05, 06:27 PM
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Cool.... I have heard of them, but wasn't sure how it applied here (poker). Makes sense. Thanks for the info. I'll check them out and if I decide to open an account, I'll let you know for the referral.
My main concern, and this could definitely be another thread entirely, is tax consequences. I'm not saying I plan to cheat on my taxes (and I don't), but the more places I have money that the IRS knows about, the more red flags may go up and the more they may be inclined to question my income reporting. By moving money in and out of Neteller (who doesn't have my SSN and therefore doesn't talk to the IRS) and NOT in and out of my bank (who has all of the above), I feel like my life will be a little bit easier when it comes time to pay the tax man. BTW, I'm assuming ING 1099s you at the end of the year. If this is incorrect and it's all off the books (other than you linking it to your primary bank account), please correct me. |
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