Ing 6% fixed for 6 months & 5.65% Web saver (merged)

home_alone

When I joined ing I went for the instant access good interest which is why I have now joined icesave, the ing fixed rates now being offered look like they are trying to fund their other little side lines like insurance and mortgages. Their web site is good but so are most others now, but if I am honest the reason for my disloyalty to ing is the feeling that I was stitched up with with lack of information and interest rates not being passed on.

gary

martyn4764

It's tempting to just shuffle the funds into the new 6% a/c, but... 6 months ago 5.1 seemed like a good deal! I believe the markets are still pretty much pricing in two 25bps rises before the Autumn, and it'd only take one (fully passed on) rise to bring Icesave more or less on a par (with no 6-month tie-in)

climbgirl

home_alone wrote:

When I joined ing I went for the instant access good interest which is why I have now joined icesave, the ing fixed rates now being offered look like they are trying to fund their other little side lines like insurance and mortgages. Their web site is good but so are most others now, but if I am honest the reason for my disloyalty to ing is the feeling that I was stitched up with with lack of information and interest rates not being passed on.

gary

I agree, it's nice to see a response (finally!) but because it's only open to existing customers it's obviously designed to stop the flood of account closures or money being moved.

And yes, they've finally woken up and joined the others but the response is far too slow. I'm quite glad I moved to Icesave.

IGK

It's interesting that the websaver account is only available to existing customers. Normally it's the other way round - you get offered a good rate to open a new account, but aren't eligible if you already have an account.
So, in this case, I feel satisfaction at having kept my £1 in my ING Direct account. I think I'll have some of that 5.65%...

Optimist

It still says on their website "One great rate for everyone" lol

rizla01

Optimist wrote:

It still says on their website "One great rate for everyone" lol

Yeah. I noticed that too.:)

Musicman

Optimist wrote:

It still says on their website "One great rate for everyone" lol

To me. it is one lousy rate for everyone.

My wife & I have I believe 7 accounts with ING, for various things, which I will now carry on closing, well actually withdrawing the money from and leaving a balance of 0.

There are far better rates elsewhere, than the lousy 4.75%.

DocProc

Anyone got a link for this ING 6.0% deal?

I will give a 'Thanks' for it.

Kazza242

DocProc wrote:

Anyone got a link for this ING 6.0% deal?

I will give a 'Thanks' for it.

Here it is: http://www.ingdirect.co.uk/home/faqs/fixed_savings.html

[Deleted User]

Musicman wrote:

There are far better rates elsewhere, than the lousy 4.75%.

Including at ING itself, as you are an existing customer - 5.65% or 6% as the thread title and detail says.