ING Direct Winter Save Up Sale?
Jan 12, 2006 - 8:02 AM by Ken Tumin
In my ING Direct statement notification I received the following note:
Maybe ING is trying to respond to the high rates at HSBC, EmigrantDirect and other online banks. Since ING doesn't seem intent on keeping its interest rates near the top, perhaps it's trying something new to encourage deposits.
This sounds a little like Bank of America's Keep the Change program. Will ING Direct be issuing a debit card and starting a program like the KTC or the American Express One Card? Since ING Direct doesn't offer checking accounts, it seems more likely that it would issue a credit card like what EmigrantDirect had been planning. I wonder what happened to EmigrantDirect's credit card that was suppose to have the highest cash back award. It was suppose to launch before the end of 2005.
Another possibility is tiered rates. Instead of a flat rate for all deposits, perhaps ING Direct will give higher rates for larger deposits. This might be what they mean by "save up sale".
Coming Soon to an Orange Savings Account near you - the ING DIRECT Winter Save Up Sale!
Get ready to save money like you've never saved before.
Maybe ING is trying to respond to the high rates at HSBC, EmigrantDirect and other online banks. Since ING doesn't seem intent on keeping its interest rates near the top, perhaps it's trying something new to encourage deposits.
This sounds a little like Bank of America's Keep the Change program. Will ING Direct be issuing a debit card and starting a program like the KTC or the American Express One Card? Since ING Direct doesn't offer checking accounts, it seems more likely that it would issue a credit card like what EmigrantDirect had been planning. I wonder what happened to EmigrantDirect's credit card that was suppose to have the highest cash back award. It was suppose to launch before the end of 2005.
Another possibility is tiered rates. Instead of a flat rate for all deposits, perhaps ING Direct will give higher rates for larger deposits. This might be what they mean by "save up sale".
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Anonymous - #1, Thursday, January 12, 2006 - 9:15 AM
yes, i do remember ED credit card (allegedly).
i am 99% ready to give up on ED and go back to ING.
bitstreamer (anonymous) - #2, Thursday, January 12, 2006 - 5:15 PM
Anonymous, why go back to ING when you can sign up at HSBC and get 4.25%?
Banking Guy (anonymous) - #3, Thursday, January 19, 2006 - 8:19 AM
The Winter Save Up Sale has just been announced. Latest info at this post.
Anonymous - #4, Saturday, September 6, 2008 - 1:57 PM
I've had my ING Direct account for a couple of years now and the experience has been great. They even offer a bonus for new customers. When you open an account for at least $250 (only by using the referral), you will receive a $25 bonus from ING. If you would like a referral, please send your full name and email address to andy7984@aol.com.
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