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Old 17 May 2008, 11:31 AM
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myblackwrx
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Default ING Direct savings

Anybody have a savings account with them if so are they good?

cheers
Old 17 May 2008, 11:42 AM
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Abdabz
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Yes and yes Abdabz has savings account and isa with them... Easy access, decent rates, quick transactions and no spam or junk mail at all...
Old 17 May 2008, 11:59 AM
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myblackwrx
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Originally Posted by Abdabz
Yes and yes Abdabz has savings account and isa with them... Easy access, decent rates, quick transactions and no spam or junk mail at all...
cheers
Old 17 May 2008, 12:37 PM
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john banks
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Terrible rates these days, emptied all our accounts with them last year.
Old 17 May 2008, 12:39 PM
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Abdabz
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Maybe they thought that john banks was a rival savings company so they gave you special rubbish rates...
Old 17 May 2008, 01:07 PM
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lordretsudo
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I used to be with them, but they didn't pass on interest rate rises and sent out a condescending blanket e-mail explaining how their customers had actually approved of them not raising rates, in a roundabout, utter bollocks kind of way. Left them for Icesave, whose rates are much better, but who are not covered in quite the same way if they were to go bust.

I remember reading that something like 35-40% of ING's customers left them as a result of them not passing on the rate rises.
Old 17 May 2008, 01:19 PM
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john banks
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Ditto, have 7% fixed for a year with ICICI and Icesave, and last years NS&I index linked is effectively about the same at the moment for a basic rate tax payer. Given tax and inflation you owe it to yourself to find the best rates, otherwise you're losing money in real terms.
Old 17 May 2008, 01:55 PM
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Steve vRS
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Originally Posted by lordretsudo
I used to be with them, but they didn't pass on interest rate rises and sent out a condescending blanket e-mail explaining how their customers had actually approved of them not raising rates, in a roundabout, utter bollocks kind of way. Left them for Icesave, whose rates are much better, but who are not covered in quite the same way if they were to go bust.

I remember reading that something like 35-40% of ING's customers left them as a result of them not passing on the rate rises.
I received that message too and immediately moved accounts. Straight out of the Gerald Ratner marketing school that one!

Steve
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