Is ING direct savings account safe?

Answer 1

yes they are safe -and you cant beat their security
precautions
even when you have an account-you have to
answer at least one question before you can log onto
your account and now they have even have come out
with a debit card to make it easier for you to get your money
they call the electronic orange account

Answer 2

Safe is a relative term.

If you're asking about whether or not ING is a legitimate bank, I can vouch for that. I've had a savings account with them since 2003. Never had any problem.

In fact, I recently opened their Electric Orange checking account, also.

The company has been around a long time and they have a good reputation. But as someone else mentioned, safety ultimately comes down to whether or not you believe in the FDIC guarantee.

Now, if you're worried about the safety of banking online... that's really a different issue. But I'll put it to you as it was put to me: your information is out there, whether you're the one using it or not. So, you might as well make it work for you.

Answer 3

I am not laughing at you but with you because this sounds like something my parents would ask. They still have a typical brick-in-mortar savings account that pays less than 1% interest because of your same fears.

Why? Why? Why?

ING Direct as well as Emigrant Direct are both well known online banks. ING Direct is more widely known but Emigrant Direct pays a higher rate of 5.05%.

So take the leap into the computer age; otherwise, you are not letting your money work for you. The old brick-and-mortar savings account that only pays you 1% for your money is old news.

Best Wishes

Answer 4

ING, is one of the biggest financial corporations in the world
They are completely safe to deal with.

Answer 5

Their savings account 4.8% is kinda low though. There's some places that offer 5% plus.

Answer 6

Granted the Government isn't what it used to be but do you trust the FDIC or not????

ING does.

Answer 7

Yea I heard there good just try and see good luck