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Is ING waking up???

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Just had a letter from ING offering a six month savings rate of 6.5%, and 12 months at 6.2%. Only requirement seems to be a minimum amount of five grand. It may not be ground-breaking, but perhaps someone at ING has finally noticed that they are heamorraging savings money, who knows.
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Comments

  • ad44downey
    ad44downey Posts: 2,246 Forumite
    I don't think so because I don't think they have any savers left to lose. They all jumped ship yonks ago.
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • Paul_Herring
    Paul_Herring Posts: 7,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    6.5%, and 12 months at 6.2%
    Compare IceSave's equivalent offerings; 6 months 6.75%, 1 year 6.7%.
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • ING have a habit of offering different customers (those that stayed!) different things.

    A couple of weeks ago I was offered a 6.5% ISA.
  • home_alone
    home_alone Posts: 755 Forumite
    Got my statement from ing this morning and I see that I am getting dangerously close to the £2 mark, must withdraw another £1 and give it to icesave do not want to lose out.

    gary
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    home_alone wrote: »
    ...I see that I am getting dangerously close to the £2 mark,
    Likewise. It soon mounts up at 1p per month doesn't it? :D

    Seriously though, as an ex customer I re-applied last year for the £50 incentive, and I'm only keeping the account open now in case they start with the referral vouchers again.

    I can't be the only one!
  • spalding
    spalding Posts: 925 Forumite
    Same here have the account just left with hardly anything in it, they must have lost so many customers
  • notis7
    notis7 Posts: 81 Forumite
    ad44downey wrote: »
    I don't think so because I don't think they have any savers left to lose. They all jumped ship yonks ago.

    their annual report says otherwise.....they have over £18 billion in their UK savings book!!
  • nilrem_2
    nilrem_2 Posts: 2,188 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    notis7 wrote: »
    their annual report says otherwise.....they have over £18 billion in their UK savings book!!

    There are still a lot of people who don't read these forums or are aware of what interest they are getting, a lot of people do not like moving their money anyway, in fact around £3.5 billion was moved out of ING by UK savers last year (inc mine Lol) which is quite a tidy sum to have to make up, according to some sources a similar amount was paid into Icesave!

    The thing that annoyed me about ING was when they refused to increase rates inline with others they wrote telling me that I preferred their static rate rather than a headline grabbing one.
    FWIW ING phone me up asking me if I would consider going back and when I told him about my annoyance he said that many customers had the same view! Since them I have had lot's of emails and letters from them. :confused:
  • napoleon
    napoleon Posts: 611 Forumite
    notis7 wrote: »
    their annual report says otherwise.....they have over £18 billion in their UK savings book!!
    There's some dumbasses out there, that's for sure. :j
  • Tozer
    Tozer Posts: 3,518 Forumite
    napoleon wrote: »
    There's some dumbasses out there, that's for sure. :j

    Not exactly a polite post is it?
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