ING Direct vs Emigrant Direct Bank

[joseblanco]

Re: ING Direct vs Emigrant Direct Bank

Everyone says the $25 bonus from ING is one of the biggest differences between the two banks and that's why they chose ING. Couldn't you open an account with ING Direct, get the bonus, then withdraw your money and start an account with Emigrant Direct?

Bingo!! That way you get free money + best rate, to me differences in the quality of the website GUI are minor and not a selling point.

[zabbkoff]

Re: ING Direct vs Emigrant Direct Bank

Quick question: Like many, I've watched ING slowly trail off in the interest rate battle, and would like to open another account (probably HSBC). I was wondering if I can link the ING to the new account directly, or will I get the boot from one or both since I'd be linking rival online banks? Or do I need to link them both to the good ole' brick n' mortar bank as a "middle man?" I'm just hoping to minimize transfer time.

Thanks in advance!

Ben

PS: Though I don't post often, I browse around pretty frequently and would like to thank everyone for sharing their knowledge / experiences!

[jindhal]

Re: ING Direct vs Emigrant Direct Bank

You can link HSBC to Emigrant savings but not to ING savings.. ING doesnt allow that. Besides with HSBC you can link either a checking or a savings account and also get an ATM card that you can use to withdraw directly from ur savings...not a feature at any other online savings...is beneficial if you are in NY, DC or parts of NJ.

[zabbkoff]

Re: ING Direct vs Emigrant Direct Bank

Thanks jindhal for the quick response! Bummer that I can't link the accounts though. Oh well....

[BTC]

Re: ING Direct vs Emigrant Direct Bank

I just got mine today. It should come this week as its a combined announcement regarding the new website coming this weekend and then the bump in rates the following weekend. Ciao

My letter finally arrived today. I'm so excited I can hardly ****ing wait to see their new site. I hope they went heavy on the orange.

[BTC]

Re: ING Direct vs Emigrant Direct Bank

I'm just hoping to minimize transfer time.

If transfer time is important, HSBC is by far the slowest amongst them, ED & ING. It could be a design feature to discourage customers from moving their money to a competitor offering slightly higher rates.

[okaythen]

Re: ING Direct vs Emigrant Direct Bank

My letter finally arrived today. I'm so excited I can hardly ****ing wait to see their new site. I hope they went heavy on the orange.

you got a letter from ING or ED? I think ED will mail you a letter and ING will email you the extra info? or what.? my brother is worried since he is in a long business trip overseas can't wont' be able to get the letter and log in

[BTC]

Re: ING Direct vs Emigrant Direct Bank

I got a letter from ED.

[fratkid21]

Re: ING Direct vs Emigrant Direct Bank

hey, how do you linke HSBC and ED accounts togehter???? I would like to do this...

and can you link GM to either of these as well?

[genchan]

Re: ING Direct vs Emigrant Direct Bank

It seems that emigrant is updating their site. Do you think they will make it as user friendly as ING or just make cosmetic changes?

[joseblanco]

Re: ING Direct vs Emigrant Direct Bank

It seems that emigrant is updating their site. Do you think they will make it as user friendly as ING or just make cosmetic changes?

They are billing this as a big event. I think they have listened to their customer base, heard their demands and are trying to meet them with a slicker ING like site. I personally do not care much about the website GUI being super slick/friendly as long as I can do basic account administration. However for all the people who still fawn over ING because they are use to its website despite being 65 basis points behind (80 as of 28 July unless ING raises their rates) the combination of a slicker GUI and 80 basis points should motivate them to realize ING is no longer the place for their money. Marketing only keeps me if I'm also not losing money, so ING lost me a long time ago.

[fratkid21]

Re: ING Direct vs Emigrant Direct Bank

i still cant get the ED site, isnt it supossed to be up by now?

[BTC]

Re: ING Direct vs Emigrant Direct Bank

i still cant get the ED site, isnt it supossed to be up by now?

I've been in a few times today. They are obviously encountering a few speed bumps.

[joseblanco]

Re: ING Direct vs Emigrant Direct Bank

I'm not going to bother with it for a couple of days. Between the pent up demand of the site being down for a few days, all the people wanting to log on and see what its like and the fact that IT departments always screws things up its not worth the effort. Try it at the end of the week.

[wyett3]

Re: ING Direct vs Emigrant Direct Bank

Try Ed's site around 2:00 am; web traffic usuallys slows down then.