We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
ING- All quiet?
Sideways
Posts: 124 Forumite
ING appears to be pretty stable in the press, would it be safe to assume that savings are safe with ING?
Father, Husband, Jogger, Painter. Mostly at the same time, except the jogging and painting bit, it didnt work out.
0
Comments
-
It's irrelevant. Everyone baled out of ING years ago, not because they were unsafe but because they kept reducing their interest rates0
-
thats true0
-
But for two (or even three?) years they were competitive against all the rest. Aren't you glad they did set up shop and start offering 4.3%! when BOE rate was a mere 3.75%? No one else was offering the rate they did for quite some time....Lol it would take a lot more than the box (miniature) of chocs that ING sent me to persuade me to transfer my savings back to them. !
FWIW I am not saying they are not secure, it's just that they short changed savers on interest in the past!.....under construction.... COVID is a [discontinued] scam0 -
ING are akin to HSBC and Santander in terms of size, its more of an insurer than a bank too."The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0
-
Regarding ING's interest rates- admittedly they are not the best around but as part of a broader range of saving options, ING has its use.
Remember what they say about eggs & baskets.Father, Husband, Jogger, Painter. Mostly at the same time, except the jogging and painting bit, it didnt work out.0 -
Despite how ING are slated on here, I actually can forgive them for the past faults with past interest rates (or lack of them)..& have to say still think they are very good...
plus their current web saver interest is very pleasing...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards