The rate is now 3.40%. Just noticed it on the top of my account screen. Not a very big bump (.10%) and significantly lower than emigrant, but it's something I suppose.
its about time... something better than nothing i guess
prestoguy
Member
posted: Sep. 22, 2005 @ 11:15p
ill stick with emigrant for now.
PoserRBF
Senior Member
posted: Sep. 22, 2005 @ 11:32p
prestoguy said: ill stick with emigrant for now.
Yeah, I have been leaning towards emigrant, was waiting to see if ING went up. Not happy with their rate anymore, .6% is significant. Just signed up for emigrant. Sorry ING.
Whoopie!.. now I will earn 3.4 cents a year as opposed to 3.3.
TooGoodToBeTrue
Senior Member
posted: Sep. 23, 2005 @ 3:23a
I am glad I left ING for ED back when it was 3.5% to 3.3%. I mean raising it 0.10% is kind of insulting, isn't it?
chan101qua
Senior Member - 1K
posted: Sep. 23, 2005 @ 3:42a
Waiting for the letter from ED, and will move the money as soon as the account is ready . INGDirect used to be the best, but they're no longer is. It's suck that they only raise it by 0.10%. Their rate used to be higher than Fed's rate, but now they're lagging.
I agree that ING is too little, too late. I just pulled out to go to Everbank's 4.5% promo rate for next three months. By then rates may be higher at other institutions so I'll move it again. Emigrant Direct is already at 4%, so I doubt ING will be competative.
dtsQ
Member
posted: Sep. 23, 2005 @ 4:37a
It's sad that ING never learn the lesson from the past few months. Don't they realize they are losing their loyal customers?
matt1
Senior Member
posted: Sep. 23, 2005 @ 6:25a
dtsQ said: It's sad that ING never learn the lesson from the past few months. Don't they realize they are losing their loyal customers?
Actually ING is adding customers. Close to 2 million this year alone.
sbsake
Member
posted: Sep. 23, 2005 @ 6:30a
ING was one of the highest INT Rate. I have since moved my business to another bank. ING has focused on having a better short term cd than its competitors.
dagger007
Senior Member
posted: Sep. 23, 2005 @ 7:29a
matt1 said: dtsQ said: It's sad that ING never learn the lesson from the past few months. Don't they realize they are losing their loyal customers?
Actually ING is adding customers. Close to 2 million this year alone.
They may be adding customers but their deposits are probably dropping. How many FW people have an account with one dollar in it because they moved everything to ED? That distorts the numbers.
dagger007 said: matt1 said: dtsQ said: It's sad that ING never learn the lesson from the past few months. Don't they realize they are losing their loyal customers?
Actually ING is adding customers. Close to 2 million this year alone.
They may be adding customers but their deposits are probably dropping. How many FW people have an account with one dollar in it because they moved everything to ED? That distorts the numbers.
dagger007 said: matt1 said: dtsQ said: It's sad that ING never learn the lesson from the past few months. Don't they realize they are losing their loyal customers?
Actually ING is adding customers. Close to 2 million this year alone.
They may be adding customers but their deposits are probably dropping. How many FW people have an account with one dollar in it because they moved everything to ED? That distorts the numbers.
But how many people who aren't on FW see the ING symbol and the ads and say wow 3.4 that pretty good. the maybe 10-20k people on FW don't make what most of the population knows.
timetosave
Member
posted: Sep. 23, 2005 @ 9:21a
I think FW users tend to move their money more frequently as well. For instance, if bank xyz all of a sudden offered a money market with a 4.15% rate, I bet the FW users would flock to it.
bhupeshm
Thrifty Member
posted: Sep. 23, 2005 @ 9:33a
Is there a $25 sign up bonus or that's been dead for a while?
DaloSony
Senior Member
posted: Sep. 23, 2005 @ 9:37a
timetosave said: I think FW users tend to move their money more frequently as well. For instance, if bank xyz all of a sudden offered a money market with a 4.15% rate, I bet the FW users would flock to it.
not really
DaloSony
Senior Member
posted: Sep. 23, 2005 @ 9:38a
bhupeshm said: Is there a $25 sign up bonus or that's been dead for a while?
I noticed that there's a way of linking Ing to emigrant for deposits- how about when initially opening the Emigrant account? Will it go through if I use ING's routing #'s, even though they say it must be a "personal checking" account?
Nolaquen
Member
posted: Sep. 23, 2005 @ 9:58a
Latke said: I noticed that there's a way of linking Ing to emigrant for deposits- how about when initially opening the Emigrant account? Will it go through if I use ING's routing #'s, even though they say it must be a "personal checking" account?
I need ING's routing number, though- it's probably in the thread, but cant find it
matt1
Senior Member
posted: Sep. 23, 2005 @ 10:08a
They may be adding customers but their deposits are probably dropping. How many FW people have an account with one dollar in it because they moved everything to ED? That distorts the numbers.
Total funds entrusted are up 20.9% first half 2005.
fw169
Senior Member
posted: Sep. 23, 2005 @ 10:11a
I am using ING as my bill pay account via Yahoo. Can ED do this too? If so I will close ING completely.
I do feel ING's website is better than ED. Seems more secure.
bhupeshm
Thrifty Member
posted: Sep. 23, 2005 @ 10:33a
DaloSony said: bhupeshm said: Is there a $25 sign up bonus or that's been dead for a while?
bhupeshm said: DaloSony said: bhupeshm said: Is there a $25 sign up bonus or that's been dead for a while?
yes ING still have the $25 sign up bonus
I meant does ED have a referral bonus offer...
return222
Senior Member
posted: Sep. 23, 2005 @ 10:40a
matt1 said: They may be adding customers but their deposits are probably dropping. How many FW people have an account with one dollar in it because they moved everything to ED? That distorts the numbers.
Total funds entrusted are up 20.9% first half 2005.
ING does offer other services. But 0.1% raise is well insulting. I already opened an account at ED and will move much of my money over there. But I am more comfortable with the ING set up. So I will probably keep both since there is no minimum. I don't think ED offers custodial account, cd, IRA or mutual funds.
I would think that ING has lost a trememdous amoutn of business to ED and others as well.
Rob
Skipping 122 Messages...
jensenjp
Frivolous Member
posted: Nov. 8, 2005 @ 6:02a
Sephora said: 0.10% rate increase, ING is a joke now.
i agree. even *i* think i have to switch. too bad (for htem!). once i can find an extra incentive/bonus to join ED, i'll be right over. What about the free ED hat you get in the mail...isn't that incentive enough?
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