Comments on: ING Direct Review

By: Daniel

Daniel — Fri, 06 Nov 2009 18:32:52 +0000

Is ING Direct still the only online high-yield savings that offers a subaccount feature?

By: bankshopper

bankshopper — Sat, 12 Sep 2009 12:51:03 +0000

I am done with ING. They have poor rates compared to some of the other choices and they just dropped a CD rate on me after I opened the CD. How can they do that when my external account was already registered? Had I known they were going to drop the CD rate on me, I would looked elsewhere in the first place. Now, I am stuck with their bogus rate and can’t close the CD without paying a penalty.
Low rates and bait and switch…..nice way to lose customers. You lost one for sure.

By: Jon

Jon — Tue, 30 Jun 2009 01:19:02 +0000

Yeah, that’s what I meant. Still seems weird though.

By: Jim

Jim — Tue, 30 Jun 2009 01:17:04 +0000

They have to keep it there for $250 days, could be they withdrew it early?

By: Jon

Jon — Tue, 30 Jun 2009 01:08:41 +0000

I thought that I would only get it if they had successfully deposited the $250. Maybe they yanked it early…? I’ll have to review the terms.

By: Jim

Jim — Tue, 30 Jun 2009 01:05:50 +0000

Maybe they never deposited funds? Or the bank transaction was rejected? It’s hard to know.

By: Jon

Jon — Tue, 30 Jun 2009 01:00:39 +0000

Seems odd as it had to have happened within the same week or so that it was opened.

By: Jim

Jim — Tue, 30 Jun 2009 00:55:59 +0000

If someone signed up and didn’t keep the required amount in their account, it happens about one in ever 10 signups based on my experience. It stinks (because no one gets a bonus, the referrer or the referee).

By: Jon

Jon — Tue, 30 Jun 2009 00:42:41 +0000

Why would one get a sign up bonus reversal?

By: barry

barry — Wed, 20 May 2009 19:33:08 +0000

a savings account that pays no intetest? how’s that the “best ever”?

sure it’s convenient and all. but if a savings account doesn’t pay good interest, what good is it at all?

By: Splendor

Splendor — Wed, 20 May 2009 18:46:17 +0000

Best. Savings account. Ever.

By: labelcd6

labelcd6 — Wed, 20 May 2009 16:58:33 +0000

ING Direct is fantastic! I’ve been a customer for over a year, and I have nothing but good things to say!

By: janet mccann

janet mccann — Sun, 29 Mar 2009 15:08:34 +0000

Congratulations on the fabulous publicity in the Chicago Tribune. I read the article this morning and went directly to the computer to check it out. As an interior designer I know how valuable that acknowledgement is. Best of luck.

Janet McCann

By: iwant2brich

iwant2brich — Sat, 14 Mar 2009 04:54:26 +0000

That is a good idea… luckliy, I locked $15K in a 24 month CD with INGDirect at 4.65%, that was in Oct 08, and the rates fell right then. Whew. I was looking for comments on “DollarSavingsDirect,” a division of emigrant. They compound their interest daily at 2.25% apy as opposed to ING’s monthly compounding at 1.65% apy. Convenience of INGDirect aside, is that a better deal? Afterall, the money is just going in and sitting, no need for too many conveniences (just login and look at it from time to time). Thoughts anyone?

By: Jim

Jim — Tue, 10 Mar 2009 12:03:48 +0000

The problem with rates is that all of them are falling, I would recommend looking around for a certificate of deposit that you can lock in a good rate with.