ING Direct

[adamhoud]

Anyone had any experiences with this?

4.5% for a savings account is not bad.

[SiRyan]

My citibank savings is at 5% when i signed.

[sonej4]

ING isnt bad. I have had an account with them for a while. But right now HSBC and Emigrant offer 5% with no minimums. HSBC has had 6% for the past month and a half, but it only goes until the end of April.

[CameronJr9]

4.5% isn't bad, but you can definitely find better. Also, look at their minimum balances. Some accounts require $1000 or more to open, and you have to keep that minimum in there or else you'll be assessed late fees.

My local bank has a $1000 minimum at 5%. My money market account it pulling in 5.5% (I think) with a $500 minimum.

Good luck.

[[IVI]]

HSBC does have good rates, but their customer support is terrible. It is located in India and the people are very hard to understand. Plus you jump through a lot of hoops just to get to a real person. My advice, stay away from HSBC.

I currently have my savings at E*Trade. 5.05% interest, easy to transfer money between my regular bank and them and best of all, you can set up a securities account as well and transfer savings money to it so that you can purhase stocks and mutual funds.

[wing_gundam]

Originally Posted by CameronJr9

4.5% isn't bad, but you can definitely find better. Also, look at their minimum balances. Some accounts require $1000 or more to open, and you have to keep that minimum in there or else you'll be assessed late fees.

My local bank has a $1000 minimum at 5%. My money market account it pulling in 5.5% (I think) with a $500 minimum.

Good luck.

haha not in Canada....

ING is a great company and you don't have to worry about it going under. In CAN the rate is about 3.5% on CAD $

[wing_gundam]

huh what happe*ed to th*s thread???

[letsgoflyers81]

I have several ING accounts. I first signed up a couple years ago and I haven't had any problems. The interest rate was around 3.30 when I opened my first account and it's been steadily going up since. I've only had to deal with their customer service a few times but have never had any problems when I did. The money always shows in the account a day after I transfer it, and it's always showing as transferred the day after I transfer it out. The only hitch is that once you transfer money in, you can't transfer it out for five business days. That's never been a big deal for me, and other than that I have no complaints.

[Cybergypsy]

Citi is 5% and BOA is 4.60 for a cd with no fees

[Cybergypsy]

my BOA 11 month CD is 5.35 and my Air force credit union,,,is a 6.00 for a 5 year cd... credit unions do better on rates as they pay no taxs.....

[adamhoud]

I'm not really looking for a CD because I wanna take the money out in about 3 years to buy a house, just need something to stick all my money in.

[Cybergypsy]

Originally Posted by adamhoud

I'm not really looking for a CD because I wanna take the money out in about 3 years to buy a house, just need something to stick all my money in.

a risk free cd....is like a savings account at bank of america.....

[[IVI]]

http://www.bankrate.com/brm/rate/mmm...416&product=33

The top 100 yielding savings accounts.

[06si]

I have ING and I love it. I leave my most of my money in there and whatever spending money I need I leave in my Wachovia Acct. The only thing i don't like is that it takes a few days to transfer money from one acct to another.