ING up to their tricks again!

ebyard

My NatWest e-Saver has nosedived in rate to 1.3% + 2.71% bonus, so I am going to ING with this rate. I am ex Kaupthing too, but my application went through OK.

Shame you HAVE to pay in via a cheque, but that's life.

anniecave

5% ING rate is dated before the last Bank of England Base Rate reduction so I'm waiting to see what it drops to first ........

TattyBear

anniecave wrote: »

5% ING rate is dated before the last Bank of England Base Rate reduction so I'm waiting to see what it drops to first ........

ING isn't afraid of slashing its savings rates. I'd expect 3% max on the savings account by the end of the week. But that might still be better than most other institutions.

Itsgottabedone

I hold an ING savings account and just called them to ask if I could benefit from the bonus offer they're offering new customers. Not surprisingly the answer was no. I asked if I could close the existing account and immediately apply to open a new account as a new customer and get the bonus offer - no problem! Suggested that they could save themselves the admin associated with closing an account and opening a new one, but they were adamant that this was the only way round it. So closed the account with them there and then. Money should be back in my bank account by Wednesday, at which time I'll double check that their bonus offer is still an attractive proposition and proceed from there. (No idea whether interest lost on the intervening period will negate all the faffing though!)

I guess I'm not the only only fed up with institutions offering deals to new customers that are way better than those for existing ones? (Saved £300 with Direct Line on car and house/contents insurance by taking new policies instead of just renewing the old ones!) Grrr....

thor

I have a special hatred for ING and will return to them if they offer b.o.e. rate + 10%. This goes agianst my usual strategy which is to move money to better rates but ING are a special case. Greedy liars!