Question for ING customers...

[SuzyQue]

I see the rate is down to 1.15 for savings and was just wondering if anyone has moved their money out to something better? That rate is still better than our bank's. TIA

 

[runwad]

Nope my money is still there. Just not much of an incentive to move somewhere else when all the rates are really low and I don't have that much that it makes a difference :-(

 

[Gr8t Fan]

I moved our $$ last March when ING's rates kept falling to www.bankwithsouthern.com. They offer 5.01% on balances up to $25,000 with a few conditions: you must have a debit card linked to the account and make at least 12 purchases per month with it and you must pay at least one bill electronically per month. I have been very happy with them and made about $800 in interest since March of last year.

 

[buckler]

Check out Alliant Credit Union. They pay 2.0% on savings. You can qualify for membership in a number of ways, including being a PTA member. Worst case, you can pay $10 to join the Orphan Foundation of America (one time requirement) to qualify for membership in the credit union.
Alliant Credit Union

 

[Swimalie]

Nope. The bulk of my savings is staying with ING for now. Most banks are giving lower rates so there is no point in moving now. I won't do a debit card so an incentive like the previous poster wouldn't do me any good. My local bank account's interest is even worse so I'll just ride this out until the rates get better. I'm still getting around $100 a month in interest although I do miss those higher days.

 

[gaffney09]

I recently closed my ING savings account and opened one with American Express. I did a search at bankrate.com and found they had the highest rate of 1.5% I think. It's not much higher than the 1.1% that ING had, but every little bit helps. I'm also looking in to starting a rewards checking account at our local bank. These seem to be catching on, maybe you could find something like that, too. Hope this helps!

 

[comicguy]

No, I have not switched from ING to any one else. I like the ease of ING so i will stay with them, not to metion my 403b (through my employer)is with them as well.

 

[MsStinkerBelle]

Still with ING for savings with no plans to move my money anywhere. I've got a ShareBuilder account and 401K with them as well.

 

[lisaross]

i still have my accounts at ING as well - i have so many different accounts it would be a hassle to change unless of course i found another bank that offered a much higher rate w/no conditions!

 

[hjohnson6]

My money is staying put at ING. Our bank offers a lower interest rate. I miss the 5% days.

 

[tinlizzy]

I moved our $$ last March when ING's rates kept falling to www.bankwithsouthern.com. They offer 5.01% on balances up to $25,000 with a few conditions: you must have a debit card linked to the account and make at least 12 purchases per month with it and you must pay at least one bill electronically per month. I have been very happy with them and made about $800 in interest since March of last year.

I second the reward checking. I earn 5%. Link