NG DIRECT, FDIC insured bank offering one of the highest savings rates with no fees and no minimums. ING Direct also provides competitive Certificate of Deposits with no minimum deposit, 5/1 ARM Mortgages, Home Equity Loans and Mutual Funds.
Question : Ing Direct?
If you have an Ing Direct savings account or know of it, how well does it work. Is it problamatic or is it a good savings account? I'm thinking about opening an account and want to make sure I'm not getting myself into a bad situation.What if I decide to close the account after a few years, how will the money get to me?
- asked by Alexandra S
All Answers: Answer #1I have on. I really enjoy it. Its great for savings. You can go online and check yourstatement etc.I've never had any problems
- answered by r&s mom
Answer #2
I have had ING since 1999. I love it. They havethe highest savings rate and they also havechecking accounts available now. They are FDICinsured so you don't have to worry about yourmoney. Plus it is easier to save money onlinebecause it takes a little longer to withdraw themoney for impulse spending.
- answered by blazenphoenix
Answer #3
iv had money there for 2 years....great..they hookto your regular bank....no problems greatinterest.
- answered by Pedro S
Answer #4
I've been tempted with their interest rates and$25.00 start up bonus, but I have a distrust of abank that doesn't have a bank I can go to.
- answered by the_skipper_also
Answer #5
It's a very convenient savings vehicle that pays acompetitive interest rate. I personally useEmigrantdirect, but both accounts are verysimiliar and both are very good accounts to have. You just go to their website (either company orthere are many others), open an account online ina few minutes, and type how much you want your newsavings account to draw from your checkingaccount. The money will be moved in a few days. It's also really convenient to set it up to movethe same amount of money each month from checkingto savings. These online accounts are verysafe--just as safe as money in your regularchecking account. Everything is done online thesedays--even if you use a traditional bank branch,the bank enters your deposits and withdrawalsonline for you. So using online banking is nosafer or more dangerous than any otherbanking/investing. Good luck!
- answered by lizzgeorge
Answer #6
I've also have had the savings account for over 3years and I think that it awesome. I've never hadany problems.
- answered by kik283
Answer #7
I've had and ING account for several years. Youlink it to your checking account at your regularbank. You log into ING and transfer money intoyour savings or you can transfer back into yourchecking. It pays great interest. It's FDICinsured. The only downside I can think of is whenyou transfer money from ING into your checkingaccount, it takes about 3 business days for it toshow up in your checking. So if you know you'regoing to need your savings, you need to plan alittle ahead.To close your account, can eithertransfer all the money into your checking accountor call them and they'll send you a check. I onlyknow of one person that actually closed theiraccount though so I'm not totally sure how thatworks. I've just used mine to keep savings inthat I want to keep liquid but want to earn moreinterest on then a traditional bank pays.
- answered by Faye H
Answer #8
You have all the answers you need above. I can addthere is no problem with getting your funds out,you transfer them into your linked checkingaccount or request a check. They have competitiveinterest rates, I have been with them for years,and now have an account that top their interestrate. They are FCID Insured and good to dobusiness with.
- answered by pooterilgatto
Answer #9
It works fine. It is not problematic to make awithdrawal, but it can take a few days to transferthe money.
- answered by derek
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