ING Direct’s Black Friday/Cyber Monday special

Jeff over at ING Direct gave me the heads up on a fairly interesting promotion that they are having this month. It’s called the “Black Friday special” and it is designed to discourage the urge to overspend this holiday season.

Here is the scoop from Jeff’s email:

Americans plan to spend less on gifts this holiday season. To help holiday savers stock up on savings this year, ING DIRECT is announcing that it will offer four Black Friday and Cyber Monday specials. No long lines or 4am wake up calls needed for these Saver deals.

ING DIRECT will offer $683 off Easy Orange and Orange Mortgage (their mortgage products) closing costs for anyone who applies on Black Friday.

Why $683?

That’s what the average American will spend on gifts this holiday season, according to the National Retail Federation.

On Cyber Monday, November 30, ING DIRECT’s brokerage, ShareBuilder, will offer a 20 percent rebate on trades to help investors save money while they grow their investments.

There’s no avoiding the hustle and bustle of holiday shopping, but it’s still a great time of the year to think about saving money, even when you’re spending a little bit of it. ING Direct claims these blockbuster specials are sure to bring holiday cheer to those Americans who are building emergency funds, eliminating debt and saving for retirement.