I am a little wary of innovation, but as I am a little hungry for interest on my checking, I am pleased to find that ING Direct has come out with a no paper checking account. I don't know how confident I feel about the inability to order checks, but I have funded an account and look forward to switching completely within 6 months.
On the plus side, a 3.00% apr on checking seems like a steal. I can't wait to send a paper check through a web page. I have been a financial luddite, but this is easy and straightforward enough that I couldn't resist. And to announce it on payday! A double success.
Also, the fine folks there have increased the savings yield to 4.5%. What's your money doing for you?
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