ING savings -- good? bad?

[earthmama369]

Has anyone used ING for their savings account before? How would you rate them?

[cjanelles]

I've not used them...yet, but I'm seriously considering switching to ING or HSBC for our checking account.

I don't know if you listen to talk radio, but I LOVE Clark Howard, the financial advisor, and he has a lot of good stuff to say about ING.

His site is www.clarkhoward.com .

[earthmama369]

Originally Posted by cjanelles

I've not used them...yet, but I'm seriously considering switching to ING or HSBC for our checking account.

I don't know if you listen to talk radio, but I LOVE Clark Howard, the financial advisor, and he has a lot of good stuff to say about ING.

His site is www.clarkhoward.com .

Awesome. Thank you for the link.

[CerridwenLorelei]

I have ING and love

it if that helps...

If you decide to go with one pm me and we can do the referral thing. We both benefit. ( I have to go look up all the details lol)

[earthmama369]

Originally Posted by CerridwenLorelei

it if that helps...

If you decide to go with one pm me and we can do the referral thing. We both benefit. ( I have to go look up all the details lol)

Cool. :

I remember getting something in the mail about that but of course I lost the mailing.

[brogansmomma]

Don't anyone say they're bad!! I just created an account today.

[bikruca]

worked well for me

But you know.. being dutch I may be a little bias haha

[njsummer01]

ING is great. It's super easy to move money to and from a linked checking account and interest rates are much higher than most other banks offer.

With all that said, we recently switched our savings account to another bank - Emigrant Direct, because they offer the same advantages of ING and with an even higher interest rate. (e.g. as I write this, ING's interest rate is 4.50% and Emigrant's is 5.05%)

Either way, you're doing much better than with a regular bank.

[velochic]

The only negative is that they don't have a brick-and-mortar establishment. I think for regular savings (FDIC insured, too!!) it's a great thing. The only other negative I can think of is transfer lag of up to 4 days. If you need the money RIGHT NOW, it could be more difficult to get. Personally, we prefer money market savings, which earns a few tenths of a percent more. Less flexibility with MMMF, though.

[kokotg]

we've had an ing account for years. never had any problems, and the interest rate is great!

[CerridwenLorelei]

still like them

and just created a second account for something else two weeks ago

[sweetfeet]

I really like ING. I need to set up sub accts for the kids now that I'm thinking about it.

[nadia105]

Another ING fan here, it's great! The interest rate is good, and I find it very easy to use. We have 5 accounts for different things and it is so easy to transfer money in/out. The lag time is the only issue at all, and I have never had to have the $ in less than 3 days, so it hasn't been a problem for us.