It yields high but it's in cyberspace. How safe is it?
2007-09-10 18:05:23 · 5 answers · asked by mmbump 1 in Business & Finance ➔ Personal Finance
Ing is a great place for saving money. You can get an ING bank card that works in all debit/interac places like any other bank, and you can access your account through bank machines, but the best way is online account management. Not sure of the fees with card use, I elected not to have card, transfer cash from regular account, out of sight out of mind kind of thing, but getting it transferred back if needed is 1-3 business days, and no fees. ING is CDIC insured like any bank, loans and mortgages are available online, and there is two actual branch offices, one in Toronto, and one in Vancouver I believe.
2007-09-10 18:14:27 · answer #1 · answered by dreamcatchermwhk 4 · 0⤊ 1⤋
I've been with them for several years and had 0 problems .
I move $$ from my checking to ING via on-line transfer ,
And back to the checking when I need it .
Takes about 2 business days .
Anyone tried to access my ING , could only move it back to my checking account anyway .
ING's worked well for me , and although the 4 to 5% earnings aren't fabulous , it is a better rate than sitting around that checking account .
( good for short term liquid cash )
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2007-09-10 18:14:32 · answer #2 · answered by kate 7 · 0⤊ 0⤋
Yes I have been banking with Ing Direct for about five years, it is completely safe.
2007-09-10 19:07:13 · answer #3 · answered by tacos53 2 · 0⤊ 0⤋
I've never had a problem with it. It's just as safe as writing a check or using your CC at a store.
2007-09-11 04:23:35 · answer #4 · answered by KathyS 7 · 0⤊ 0⤋
I have it, love it, and recommend it for clients.
Ken Clark
Certified Financial Planner
2007-09-10 18:43:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋