SHould I trust ING or any online bank with my money?
Sunday, October 24th, 2010
at
6:07 pm
pls,pls,pls don’t pass me by asked:
They have higher interest rates but I’m not too sure if they are trustworthy.
They have higher interest rates but I’m not too sure if they are trustworthy.
Tagged with: Ing Bank • Online Money
Filed under: Online Banking
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I know a lot of people, myself included, that have used ING for years and I’ve never heard a single complaint. I most certainly don’t have any.
I have used ING Direct for about 6 months now and I’ve had no problems with them. The only complain I have is that the website is lo-tech and it takes 2 business days to transfer money to and from your accounts. But the higher interest rate is definitely worth it.
ING are a well-respected multi-national financial institution, with enormous backing. They’re not some guy with a lock box, and a laptop.
I wouldn’t trust just any website – but ING are not in that league.
Make sure they’re FDIC insured. ING is as is HSBC. I’ve had several thousand dollars in both of these accounts for years.
I’ve used ING direct for years
Wife and I each have a savings account
Checking and my mortgage is with them.
And their FDIC insured, not sure what that means anymore though…