Ing

nerissa

Hi

I have put some of my savings into an ING account. Can you tell me if this is a good savings account

tawse57

Oddly enough I was checking my ING account only a few days ago before all this panic about them started. I opened an account with them last Spring at 6.5% interest and when I went online I was shocked to read that my interest rate is something like 3.89% now. Disgusted.

So am going to move my 10K out this week as soon as I find somewhere safer for it.

Reaper

nerissa wrote: »

I have put some of my savings into an ING account. Can you tell me if this is a good savings account

Not without more info. Do you mean "good" as in good interest rate? If so what are you getting? New customers are getting a pretty good 6% though that includes a bonus which disappears after a year.

If you want to know about different savings accounts then start with the article on the main site - click here.

If you mean "good" as in safe - there were worries about them recently but the Dutch government injected large sums of money and it seems to have done the trick for now.

Jayanna

tawse57 wrote: »

Oddly enough I was checking my ING account only a few days ago before all this panic about them started. I opened an account with them last Spring at 6.5% interest and when I went online I was shocked to read that my interest rate is something like 3.89% now. Disgusted.

So am going to move my 10K out this week as soon as I find somewhere safer for it.

Same here, went onto ING yesterday evening, i am so angry they have reduced the rate, i was under the impression it was fixed untill march 09. Even if i had got the fixed bit wrong, to drop the rate like that without telling us makes me so angry. I moved my 10K out this morning. :mad:

amistupid

I have just telephoned ING regarding my transfered Kaupthing Edge one year fixed rate deposit, they have confirmed they are honouring the 7.15%, and at present they are still paying 6.36% on my transfered KE access savings account but that this rate is obviously variable.

It seems they are treating their "transfered savers" alot better than their existing customers?

tawse57

Yes, I have more than 50K in the Nationwide but think I will move my ING 10K into there. Like you I thought my 6.5% was until March of next year so am cheesed off that it has been reduced... and by SO MUCH!