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URL:  https://boards.fool.com/yes-you-can-paying-bills-from-ing-23218805.aspx

Subject:  Yes you can: Paying bills from ING Date:  10/27/2005  11:13 AM
Author:  TheColoradoFool Number:  19919 of 24361

One of the dissadvantages of ING is not having a checking service to go with it. Sure, I can transfer money to my checking account, and then pay a bill, but that can sometimes take days. I don't write many checks anyway, but I do write "electronic checks" quite often. ING has a way higher interest rate than any checking account, so I wondered how I could maximize my interest.

I wondered if it would be possible to pay my mortgage, credit cards, and other bills from ING directly. So, I picked up the phone and called them, and they said there was no way to do it.

So I ventured out on my own and thought I'd give it a try... I mean heck, this is the digital age right? I went ahead and tried setting up payment of my Discover Card from my ING account, with a backup of paying through my checking account if it failed. When the discover bill came, I paid it from my ING account (Telling Discover to withdraw from ING) and it worked!

I have sence setup my other credit cards, and even my mortgage to be paid directly from ING.

Everything works, no fees, high yeild interest. Works almost like a checking accoung. All you need is you account number, ING's routing number, and a financial institution which can initiate the transfer from ING to them.

Sorry if many of you have already figured this out, but I thought it was woth mentioning. Their routing number is hard to find, so if you can't
find it, let me know, and I'll post it. :)

tCF
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