Why not have your business bank account earn interest? The ING Business Savings Account earns a great interest rate – currently 0.50% Annual Percentage Yield and you get account access for up to 3 people. There are no fees, minimum balance requirements or service charges; and no Chexsystems.
Sole Proprietorships, Limited Liability Companies (LLCs), Partnerships, Corporations, non-profits and even a homeowners’ association can open the Orange for Business Savings Account.
All you need is your business employer identification number (EIN) or social security number (SSN) if you are a sole proprietor. You will also need your existing business checking account and routing number.
Highlights of the ING Business Savings Account
- No fees, minimums, or service charges – all your money goes to work for you
- An account for your type of business – sole proprietorships, partnerships, limited liability companies (LLCs), corporations, not-for-profits and small organizations
- Account access for up to three people – each with a separate Sign In PIN and Customer Number for added flexibility, security, and accountability
- FDIC Insured – up to $250,000