I'm interested in putting my savings in an online bank for higher yields. Does anyone have any experience with these and what has been your results thus far?
2007-06-06 05:47:58 · 8 answers · asked by Lucky 2 in Business & Finance ➔ Personal Finance
I've got ING...they're pretty good...no min's...extra 25.00 to sign up which starts accruing int right away at 4.5%...
there are higher yields and bonus pays out there but, it's safe and FDIC insured up to 100k...
citi has one too, that pays 50.00 and 4.65
2007-06-06 05:55:04 · answer #1 · answered by jacksonphisig 4 · 0⤊ 1⤋
Yes, ING is great. Great rates. Easy to signup. Lots of nice tools and info as well. Their online interface is very easy to use and understand. You should signup today, you'll get $25 put into your account for free if you use the link below.
No clue on Tiger Direct other than they are a major direct online retailer of computer electronic items. They are not a bank so I'm not sure what they have to do with ING.
2007-06-06 13:36:09 · answer #2 · answered by Land Shark 3 · 0⤊ 0⤋
I've had an ING account as well as an Emigrant Direct account. My experience was good wtih both though Emigrant's rates have always been better than ING which is why I made the switch. Currently ING has an APY of 4.5% while Emigrant Direct's APY is 5.05%.
Other than rates, both are comparable and great.
2007-06-06 13:10:18 · answer #3 · answered by henry9tx8 2 · 0⤊ 0⤋
I have two online savings accounts. One with ING and one with HSBC.
While the HSBC pays a slightly higher rate, the ING account is much easier to use and, while HSBC doesn't post payments until almost a week has past, ING posts them right away.
So, overall, I am very pleased with my ING account.
2007-06-06 14:26:12 · answer #4 · answered by Wayne Z 7 · 0⤊ 0⤋
I have savings account with ING , been with them for 3 years and I am very happy.Great rates and great customer service.Their internet banking is easy to use and no fees to pay !
2007-06-06 14:35:55 · answer #5 · answered by toofunky29 2 · 0⤊ 0⤋
Well, Tiger Direct isn't a bank, but if you want computer equipment at a fair price, they are decent. I got a great digital video camera there.
On topic though, I haven't used ING, but I have used the TD Waterhouse banking aspect of their brokerage. Online banks are just as reliable as a brick and morter bank. The fall under the same federal laws and have the same FDIC insurance as well.
Feel secure in using them.
2007-06-06 12:57:35 · answer #6 · answered by Nafarious E 2 · 0⤊ 1⤋
We have several ING accounts in our family, very happy with them. (Tiger Direct is an online/catalog retailer - nevr heard of them opening a bank!)
2007-06-06 12:55:50 · answer #7 · answered by Anonymous · 1⤊ 0⤋
I have an ING savings account. No issues at all. Great rates.
2007-06-06 12:51:38 · answer #8 · answered by PJ 5 · 1⤊ 1⤋