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 - FREE £20 for Opening an Account with £1.00

135

Comments

  • VT82
    VT82 Posts: 1,093 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The girl on the phone never said anything about this, and we mentioned the promotion a couple of times. I've even just posted off my cheque mentioning it again in the cover letter.

    Oh well, yet another bank will be getting a complaint off me then! But this time I don't think it will be upheld. Idiots.
  • Harry_Flashman
    Harry_Flashman Posts: 1,922 Forumite
    Don't suppose it matters, I wanted a new account anyway.
  • exel1966
    exel1966 Posts: 5,114 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    MSE_Dan wrote: »
    Hi folks,

    Sadly, ING have told us that they won't be paying out the £20 unless applicants fulfil all criteria, which include having been sent the offer directly.

    We have written a news article on this: http://www.moneysavingexpert.com/new...ut-on-20-bonus

    Dan

    Before everyone gets too despondent this is NOT the first time ING have stated that a promotional offer Is only for the household which received the leaflet/E-mail drop.
    I opened an ING account a couple of years ago along with dozens of others after finding that offer here on MSE. That promotion was also for intended recipients only apparently.

    I got my £50 (more back then) just as many others here did !
  • grubby23
    grubby23 Posts: 289 Forumite
    I openend an account, 2.75% for an savings account that permits withdrawals is not so bad. However, I have not click the box that I wanna regularly save. I hope it is still possible that I transfer from time to time via direct debit into this account so that I get some interest?

    Many thanks,
    P
  • elfen
    elfen Posts: 10,213 Forumite
    It doesn't matter too much, it's nice to have a savings account that's not with my bank.
    ** Total debt: £6950.82 ± May NSDs 1/10 **
    ** Fat Bum Shrinking: -7/56lbs **
    **SPC 2012 #1498 -£152 and 1499 ***
    I do it all because I'm scared.
  • VT82
    VT82 Posts: 1,093 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    grubby23 wrote: »
    I openend an account, 2.75% for an savings account that permits withdrawals is not so bad. However, I have not click the box that I wanna regularly save. I hope it is still possible that I transfer from time to time via direct debit into this account so that I get some interest?

    Many thanks,
    P
    You have to link it to a current account, then you can set up a standing order to fund the ING account if you wish, or make one off payments into it. Withdrawals will go into the linked account.

    It is a good account. But I still want my 20 quid!!!
  • grubby23
    grubby23 Posts: 289 Forumite
    VT82 wrote: »
    You have to link it to a current account, then you can set up a standing order to fund the ING account if you wish, or make one off payments into it. Withdrawals will go into the linked account.
    !

    Excellent, this is what I wanted to know. Probably I am trying to save up to this £5000 before I put it then into a proper tax free ISA before end of the tax year.
  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why is it good, when their are 2 others paying 2.8%?
  • Lokolo_2
    Lokolo_2 Posts: 1,016 Forumite
    Part of the Furniture 500 Posts Name Dropper
    roddydogs wrote: »
    Why is it good, when their are 2 others paying 2.8%?

    Not 2 anymore, since Egg changed their rate from 2.8% to 2.5% now! So only the AA left :j
  • VT82
    VT82 Posts: 1,093 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    And ING told me 2.75% was the minimum it would be for 12 months (although Martin said it was a 2.25% bonus - still meaning a minimum of 2.25% for a year).

    And some people may have maxed out the FSCS protection with the AA.

    And it's good to have competition otherwise AA would withdraw their rate and re-launch it lower.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.