ING adjusts rate temporarily to 3.25% on Web Saver account for existing customers

Steve_xx

elektra wrote: »

[FONT=Verdana, Arial, Helvetica, sans-serif]We’re giving you an exclusive bonus rate of 3.25% equivalent AER* variable on any new savings you deposit into your Web Saver between 17 July 2009 and 17 January 2010 [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Be careful of the word 'new' - I'm assuming that means deposited from an external account , not just from another ING account.[/FONT]

My original post does not contain the word 'new'.

elektra

Steve_xx wrote: »

My original post does not contain the word 'new'.

I took the above from ING email I received.

Steve_xx

elektra wrote: »

I took the above from ING email I received.

Then it would appear that you have received an email from ING with different wording to that which others have received. It may be that they are targetting different groups of customers in slightly different ways?

Richchad

Yes you are right about INGs devious tactics, I notice that they will accept Faster Payments in but transfers out can only be via BACs, just to keep the extra days interest. :rolleyes:

However must admit I was grateful they took over my Kaupthing Edge fixed account at 7% due out in September.

I will be putting some money into the Websaver account as it is about the best rate today for a nearly instant access account.

Just use them to your advantage, keep an eye on the rates and move elsewhere if they get up to their old tricks..

elektra

Steve_xx wrote: »

Then it would appear that you have received an email from ING with different wording to that which others have received. It may be that they are targetting different groups of customers in slightly different ways?

It would appear so. My email was titled 'special gift for you' !!

Given that they made an error with interest calculations and deducted £6 from my account in December I won't be depositing any additional funds.

roddydogs

So why have some people been offered and others (myself) not?
and why only "New" money

Steve_xx

roddydogs wrote: »

So why have some people been offered and others (myself) not?
and why only "New" money

The people people to ask that of would be ING. Only they could answer it I suspect.

D1zzy

Wasn't ING's USP the fact that they were a "one size fits all" bank with a single interest rate and no gimmicks. :rolleyes:
wonder where that went!:p

savetilibleed

I had assumed this was an obsolete account as it isn't featured anywhere. I found a link Historic product interest rates terms and conditions at the bottom of the page you get if you click the Savings tab. It is no longer available - or maybe that isn't news

Jake'sGran

I have a Kaupthing one yr fixed rate bond which is now with ING plus a small amount in one of ING's accounts. I asked for the small amount to be sent to my linked account but they said no. When my bond has matured I can withdraw the other money too but I don't understand how they get away with this rule as the two accounts were not linked in any way originally.