If ING changes.....

[disneyandme]

Where will you put your money? Any good online banks with decent interest? I know ING only has 1%, but most places are in the .24% range. I like having multiple accounts to seperate spending categories. I hope whoever buys out ING doesn't change things much or tries to add fees.

 

[disneyandme]

bump!

 

[furb & dez]

Well, if ING is bought by Capital One, just move your money anywhere... I wouldn't entrust Capital One with any of my money.

 

[DaveClan]

American Express is currently offering 1.00% APY and no hard credit inquiry to open the account.

I personally stick to my Alliant credit union savings account which is 1.15% APY.

 

[madge]

I'll be moving my money to allybank or the local credit union.

 

[runwad]

I'm going to wait and see how it goes with the new owners (Cap 1) before i worry about changing. Maybe nothing will change and it'll stay the same or get better. If it changes for the worse then I'll look for another place. But really whats with all the posts about changing from ING when we don't even have any info?? What do U people know that I don't?

 

[fab5friend99]

I have some money in emigrantdirect.com but the last year or so I've noticed their rate is always lower than other places - right now it's .8%. I will be closing that account soon. I opened an account a few months ago with american express savings this year and their rate it 1% now - it was 1.4% when I opened it. Just checked discover card savings and it shows 1.15%. I wouldn't be surprised if it drops to 1% soon.

 

[disneyandme]

I'm going to wait and see how it goes with the new owners (Cap 1) before i worry about changing. Maybe nothing will change and it'll stay the same or get better. If it changes for the worse then I'll look for another place. But really whats with all the posts about changing from ING when we don't even have any info?? What do U people know that I don't?

ING took a bailout from their government and one of the stipulations was that they sell off the US part of ING by 2013 (I think is the date). It is not really a choice of if they sale, it is when they sell and to whom.

 

[MsStinkerBelle]

ING took a bailout from their government and one of the stipulations was that they sell off the US part of ING by 2013 (I think is the date). It is not really a choice of if they sale, it is when they sell and to whom.

Yep, it was the Dutch government. Here are the details:

http://www.delawareonline.com/artic...10617018/Capital-One-buy-ING-Direct-9-billion

 

[MaleficentRN]

I'm going to wait and see. I'll be aggravated if the fees go up the interest goes down! I haven't been able to find better rates anywhere else!

 

[QVCshopper]

I have my "cash" is a Pennsylvania Money Market at Vanguard. You can move your money between your bank and Vanguard easily and you can get checking (checks have to be over a certain $ amount). Plus, I don't pay taxes on my earnings.

 

[Swimalie]

Here is what consumer guru Clark Howard says about ING. I first heard about ING on his radio station and got in on savings with them about 12 years ago. I'll take his advice now, too.

http://www.clarkhoward.com/news/cla...es-buyout-ing-direct-worries-customers/nCxkt/