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ING up to their tricks again!

ING now offering 5% instant access (Inc a 2.17 Bonus) for 1 year NEW CUSTOMERS ONLY.....................:mad:
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Comments

  • anselld
    anselld Posts: 8,664 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    .... and existing customers seem to include ex-Kaupthingedge customers :-(
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    How is this a trick? Martin encourages you to be a rate tart, just move your account each year to the account that is paying the best rates.
    poppy10
  • anselld
    anselld Posts: 8,664 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ... in my case because still got 1 year fixed bonds from Kaupthing earning good interest (assuming ING honour this) so cannot tart instant access cash to the best rate.
  • Farway
    Farway Posts: 14,812 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    anselld wrote: »
    ... in my case because still got 1 year fixed bonds from Kaupthing earning good interest (assuming ING honour this) so cannot tart instant access cash to the best rate.

    Why ever not? Surely you cna just leave the fixed ING/KE where it is and shift all instant access bar a nominal quid to elsewhere?

    Or have I missed something?
    Gardener’s pest is chef’s escargot
  • Baldur
    Baldur Posts: 6,565 Forumite
    Farway wrote: »
    Why ever not? Surely you cna just leave the fixed ING/KE where it is and shift all instant access bar a nominal quid to elsewhere?

    Or have I missed something?
    I didn't even leave a nominal £1 in my former KE savings account, just withdrew the lot - it hasn't affected the two FTD accounts which I left with them.

    The current balance in my Edge Savings account is 13p, interest credited after my withdrawal.
  • TattyBear
    TattyBear Posts: 3,844 Forumite
    I've still got my Kaupthing Edge savings account, and the ING website has just let me open the 5% savings account.

    Got my account and customer numbers! :T Now just have to send them a cheque for the initial deposit.
  • anselld
    anselld Posts: 8,664 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    TattyBear wrote: »
    I've still got my Kaupthing Edge savings account, and the ING website has just let me open the 5% savings account.

    Got my account and customer numbers! :T Now just have to send them a cheque for the initial deposit.

    That is interesting. Might need to ring them up then. When I apply online it just says they already have the details and terminates.

    To answer previous posts, I cant move fixed 1 year bonds away from their ex-Kaupthing account without losing the good fixed interest rate. I have moved out all the easy access cash already.
  • anselld
    anselld Posts: 8,664 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    TattyBear wrote: »
    I've still got my Kaupthing Edge savings account, and the ING website has just let me open the 5% savings account.

    Got my account and customer numbers! :T Now just have to send them a cheque for the initial deposit.

    Ah! It actually turns out it is because I exist as a mortgage customer already.
  • anselld wrote: »
    That is interesting. Might need to ring them up then. When I apply online it just says they already have the details and terminates.

    To answer previous posts, I cant move fixed 1 year bonds away from their ex-Kaupthing account without losing the good fixed interest rate. I have moved out all the easy access cash already.

    I got the same thing when I applied online, but not sure whether it was because I have a KE account or because I used to be an ING customer many moons ago (before moving all my dosh from them to ICESave and KE amongst others....roundabouts and swings).

    I phoned them up as it suggested, and they opened the account for me. My cheque is in the post. They didn't ask whether I was with KE and I didn't volunteer. Remaining KE instant access money is in transit to my CA enroute to the new ING account (when I get the details through.....).
  • anselld wrote: »
    ... in my case because still got 1 year fixed bonds from Kaupthing earning good interest (assuming ING honour this) so cannot tart instant access cash to the best rate.

    If you still have 1 year fixed bonds from KE, I doubt there is anywhere today that you could tart yourself for anything higher, and if there is you still have the option of cashing in your bonds. Talk of ING "tricks" makes me feel a bit queasy for the OP.
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