ING - experiences?

DivaJen · #1 (**permalink**) 02-22-2005, 12:32 PM

Who here has an account set up with ING Direct? How do you like it? Is there any fine print I need to be aware of?

PennyPincher · #2 (**permalink**) 02-22-2005, 12:57 PM

I am a HUGE supporter ~ and it's easy. I've been a member for over 2 years. There is no fine print. They are FDIC-insured like any bank, and you reap the benefits of their low operating costs. Their online account center is wonderful, and it is easy to transfer money to and from your account.

I have money automatically taken out of my checking account every two weeks to go directly to ING. That is my true SAVINGS ~ money that I don't really touch, but it accumulates interest at such a higher rate than the typical bank.

Plus, you get $25 when you sign up through a friend. It's fabulous.

Armywife · #3 (**permalink**) 02-22-2005, 01:06 PM

ING is great.. the $25.00 start up bonus is awesome but they need to keep up with the online bank interests rates! The highest i've seen is currently 3.0% (Emigrant Direct), Capital one is at 2.60%... even I have opened up accounts elsewhere (with NO bonus) just to take up the offer of a little more interest...

Side note:
(In case Big brother is watching) The other banks need to set up a referral service like ING! We need to be paid to refer other consumers to their banks as well!

Barb

FrugalTexan75 · #4 (**permalink**) 02-23-2005, 07:26 PM

Hi! I also have had an ING account for a bit more than two years. I signed up through a link via Turbo Tax and got a $50 sign-on bonus.

I have had to contact CS a number of times and they have always been uber helpful. I would highly, highly, highly, reccomend ING.

Keeping It Frugal in Texas,
Laura

kashi · #5 (**permalink**) 02-24-2005, 08:43 AM

I've had my account for 3.5 years and I love it. absolutely love it. their interests rates are great and I've never had a problem transferring money in or out!

Armywife · #6 (**permalink**) 02-25-2005, 08:37 AM

Ahhh I stand corrected.. ING has boosted its interest to 2.60% effective today... ain't life grand

Barb

nate · #7 (**permalink**) 02-25-2005, 11:34 AM

Quote:

Originally Posted by Armywife

Ahhh I stand corrected.. ING has boosted its interest to 2.60% effective today... ain't life grand

Barb

Ahh, you beat me to the announcement! your quick!

Armywife · #8 (**permalink**) 02-25-2005, 11:40 AM

Heehee.. good news is hard to contain at this stage of the game!

jacquelynrose · #9 (**permalink**) 02-25-2005, 10:22 PM

I Am so glad I found this place! My Bank told me I could not open up an "adult" Savings account less than $100! And now I see this post for ING and now I am going to open up an account now that I know that it exists and that it is legitimate.

Thank you all so much!

Jacquelyn

jhd815 · #10 (**permalink**) 02-28-2005, 07:13 PM

I'm also quite interested in setting up a savings account with ING.

How do you get the $25 bonus?

Thanks for your help

jeffrey · #11 (**permalink**) 02-28-2005, 08:03 PM

invitation sent - enjoy

Armywife · #12 (**permalink**) 02-28-2005, 08:43 PM

Speaking of ING, did you guys know that you can also open up accounts for your kids and receive the $25.00 bonus? I never knew that up until tonight actually... you can also set up a one time gift payment along with an account invite for kids, friends, family (birthdays etc) and still have them qualify for the 25.00... I love this bank!!

amomof4 · #13 (**permalink**) 02-28-2005, 11:16 PM

Jeffrey:

Please send me an invite too.

PrincessPerky · #14 (**permalink**) 03-01-2005, 06:08 AM

What about the checking account it needs to be linked too, does your kid need there own account to link, or can we put our two kids linked to ours?

Armywife · #15 (**permalink**) 03-01-2005, 07:23 AM

you sign them up as primary then link yourself as joint (if you have an account you enter the client # .. it's alot faster).. you can use the same checking account for all of them. You can even use the same email address you get your statements e-mailed to!

PrincessPerky · #16 (**permalink**) 03-01-2005, 09:32 AM

Thanks!

jeffrey · #17 (**permalink**) 03-01-2005, 10:52 AM

Quote:

Originally Posted by amomof4

Jeffrey:

Please send me an invite too.

Check the 100 post club forum

jacquelynrose · #18 (**permalink**) 03-01-2005, 12:59 PM

Can I get an invitation to ING Direct from someone please?

Jacquelyn

lisasayzhi · #19 (**permalink**) 03-01-2005, 02:44 PM

I got an e-mail from them just the other day saying they raised the Savings Account interest rate from 2.35% to 2.60%! I've had great experiences with them so far.

jeffrey · #20 (**permalink**) 03-01-2005, 02:49 PM

For referrals, please <A HREF="mailto:info@savingadvice.com">email us</A> with your full name and we'll get you an invite right away.