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Anyone using ING direct?
Posted on 2/22/09 at 4:33 pm
Posted on 2/22/09 at 4:33 pm
I currently have most of our (small) nest egg parked in a few savings accounts with these guys - it is below the FDIC limit.
They seem pretty solid and I have enjoyed using their services (checking/savings/investment etc etc). Any opinions out there?
They seem pretty solid and I have enjoyed using their services (checking/savings/investment etc etc). Any opinions out there?
Posted on 2/22/09 at 6:31 pm to Tony The Tiger
cant help you. I use T. Rowe Price and Vanguard.
Posted on 2/23/09 at 6:11 am to agdoctor
I use EmigrantDirect myself.
Posted on 2/23/09 at 8:19 am to Tony The Tiger
I like ING, except for the fact the interest rate on my orange savings just dropped to 1.8% last week.
Posted on 2/23/09 at 8:39 am to jmtigers
I have been wanting to open the ING Orange savings account. Is now a good time?
Posted on 2/23/09 at 9:19 am to Joe Smith Tigah
I have a trading account opened there because I like the interface. ING's banking ops are in serious trouble, so I don't think I would like to have a lot of money tied up there in the event they eventually fail or are wholly taken over by the Dutch. Just something to keep in mind (find a bank that doesn't fit that description these days, ha!)
Posted on 2/23/09 at 4:32 pm to kfizzle85
quote:
I have a trading account opened there because I like the interface. ING's banking ops are in serious trouble, so I don't think I would like to have a lot of money tied up there in the event they eventually fail or are wholly taken over by the Dutch. Just something to keep in mind (find a bank that doesn't fit that description these days, ha!)
where are you reading this? They are my primary savings bank with a substantial amount of money tied up. I thought they were FDIC insured so even if they failed it would be covered.
Posted on 2/23/09 at 4:35 pm to lsu1percent
They are FDIC insured, sorry I wasn't trying to spook you or anything. I'm just not sure how it works with them being a multinational company based in a different country, it might take longer than just a weekend to straighten things out.
Posted on 2/23/09 at 7:36 pm to kfizzle85
be careful about FDIC insured. In the past when banks closed they opened right back under a new name. Be prepared in case the bank doesnt re-open for a while and you cant to the money right away. You will get the money but when is not guaranteed
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