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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Good vs. Bad of ING Direct
Who has an ING account, can you tell me why you love it, and why you hate it? Thank you!
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Posted 6/27/11 4:17 PM  |
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Andrewz00
Look! I changed it!
Member since 4/10 1789 total posts
Name:
Andrew
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Re: Good vs. Bad of ING Direct
we have 3 accounts with ING... its just easy. interest rates are pretty good... they do have free ATMs all over the place...
the only PITA is making a transfer to a local bank. it can take 2-5 days... but that will happen anytime you make transfers between banks.
oh.. and they gave me $25 for opening my account! :)
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| Posted 6/27/11 4:28 PM |
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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: Good vs. Bad of ING Direct
ty!
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| Posted 6/27/11 4:29 PM |
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Peaches77
LIF Adult
Member since 1/10 993 total posts
Name:
Me
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Re: Good vs. Bad of ING Direct
When I originally set up my ING account, the interest rate was at about 5% and that was obviously years ago.
So that was a love for me.
The good thing is that I automatically deposit money every paycheck from there and tend to "forget about it" which helps save money. Which is a good thing.
The only bad for me is that if you need money ASAP, you have to transfer it and wait for it versus a savings account at your local bank that you can go move the money and have it the same day.
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| Posted 6/27/11 4:29 PM |
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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: Good vs. Bad of ING Direct
Posted by MrsC2009
The good thing is that I automatically deposit money every paycheck from there and tend to "forget about it" which helps save money. Which is a good thing.
This is what I intend to do. Ty!!
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| Posted 6/27/11 4:30 PM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: Good vs. Bad of ING Direct
In addition to what others said, I like that I can make "subaccounts" so the money is all in one account but when I view it the money is seperated into things I am saving for, like vacation fund, home repairs, car fund, etc.
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| Posted 6/27/11 4:44 PM |
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KennysMommy
Never knew LOVE like it before
Member since 3/10 2640 total posts
Name:
Danielle
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Re: Good vs. Bad of ING Direct
As a teacher, I love it b/c I deduct a certain amount from each paycheck all year long - it goes automatically into ING. Then over the summer, I schedule deposits into my checking as if I'm receiving a paycheck! It's awesome! It also has the highest interest rate around! You just can't depend on it for quick access if you need it. With a weekend and/or holiday, it could take almost a week to transfer money.
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| Posted 6/27/11 4:54 PM |
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MrsKS
Thank You St. Gerard.....
Member since 12/09 8306 total posts
Name:
Kerri
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Re: Good vs. Bad of ING Direct
I have one... love it because of the interest. And I consider that money on lock down.
What's bothering me lately is that Capital One Bank (whom I used to work for) just bought ING Direct.
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| Posted 6/27/11 6:10 PM |
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Re: Good vs. Bad of ING Direct
We have accounts there. The only thing I like is having limited access. The interest rate and cd rates aren't that great anymore.
Island Federal CU has some decent CD rates. I think I'm going to move some money over there.
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| Posted 6/27/11 8:49 PM |
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sleepie76
enjoying every minute
Member since 12/07 3881 total posts
Name:
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Re: Good vs. Bad of ING Direct
Posted by KennysMommy
As a teacher, I love it b/c I deduct a certain amount from each paycheck all year long - it goes automatically into ING. Then over the summer, I schedule deposits into my checking as if I'm receiving a paycheck! It's awesome! It also has the highest interest rate around! You just can't depend on it for quick access if you need it. With a weekend and/or holiday, it could take almost a week to transfer money.
wow, that's very smart!
good - I like it because it's untouched money. A forced savings. It goes in automatically and builds up.
bad - I believe that you have keep all your account passwords, they cant help you get to your $/ passwords. I *believe* that is what it said when I started one.
That scares me a little.
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| Posted 6/28/11 10:17 AM |
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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: Good vs. Bad of ING Direct
Thank you for all of your feedback!
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| Posted 6/28/11 12:52 PM |
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