Yep, have had a Can $ savings account for a number of years and also have a US $ savings account with ING Direct. Better interest rates on savings accounts than any domestic bank. Not a huge difference, but every % point counts IMO. Their savings accounts are DIS (Daily Interest) whereas most domestic banks calculate your interest on the minimum monthly balance. So your money earns interest as soon as it is transferred to an ING account. No monthly service charge either. Also bought into their Streetwise Mutual Funds last year. The MER on their funds is lower than most Mutual Fund companies.
As per Borderjumper, it generally takes a couple of days for transfers to complete between the ING and your other bank account, but that's no problem. Just plan ahead a little and you're good to go. No issues with holds on the account when I moved from Ottawa to Vernon and currently all I have is a cell phone. I guess one of the biggest differences between ING Direct and local banks is that ING has only a couple of actual 'branches' in the country, so you can't easily go to one of their buildings to complain. Having said that, I've never had cause to complain...
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