Ask MetaFilter questions tagged with ing

I have $30,000 burning a hole in my pockets.

brenton — Thu, 02 Jul 2009 16:11:08 -0800

Where is the best place to put my $30,000 as I slowly withdraw from it over the next 2 years to pay for Grad School. As of today, I saved exactly $30,000. I will quit my job in a month, and I'm starting classes in the Fall. I won't have any other source of income for two years, besides school loans and these savings.

I currently have them in a WAMU Online Savings account, which was paying 4% interest before, but now is paying next to nothing.

Financial Advice for Dummies.

ElmerFishpaw — Fri, 06 Mar 2009 11:15:17 -0800

This has my parents spooked. Tell me how to ease their financial fears. I guess what was supposed to be safe ("FDIC Insured") is no longer so safe in their eyes. Are they right? They have pretty much their entire savings in an ING savings account and are way spooked. Can you link me to something saying ING is safe and FDIC insured means "Youre all good Mom, dont worry."?

Unless, of course their fears are actually valid. Then what should they do? What should any of us do?!

ING Vs. Royal Bank

Bearman — Fri, 10 Oct 2008 11:06:10 -0800

CanadaFinanceFilter: We have money in an ING account, because it offers a better rate than Royal Bank. Given the financial world's upheaval of late, would our money be safer in our Royal Bank account?

You know what I need; you know what I want; or maybe you don't; gimme some money!

sneakin — Mon, 28 Apr 2008 16:25:27 -0800

Anyone have information and firsthand experience with ShoreBank for a High Yield Savings Account? I have been doing some research on HYSA and the only thing stopping me from doing an ING account is that ShoreBank is supposedly a socially conscious, community-focused corporation. I'd love to do business with a company that has a conscience but I'd also love hear about them the great things I've heard about ING (great customer service!! fantastic/very useable web interface!! etc.!!) before I really decide.

Any firsthand experience would be appreciated.

Best on-line account for a startup?

Anonymous — Tue, 18 Mar 2008 02:17:59 -0800

Startupfilter: best on-line account for a small US business? Looking for recommendations for an online bank for a small US (CA) corporation. Cutting to the chase, is the ING/Orange business account a good idea?

Background:

I recently started a small consultancy / software business (S-Corp incorporated in California). We're small and don't have much in the way of cash coming in or going out, we just need a place to put money when we invest it into the company or eventually receive funds from customers, and a place to take money from when we pay contractors (and eventually pay ourselves).

Key features I'm looking for:

- web accessible (duh). I want to do everything online.
- no annoying fees
- competency
- compatiblity with Quickbooks Pro

Tips from the hive mind appreciated, whether about ING/Orange or other web accessible small-business-friendly banks.

I've reviewed these previous AskMeFIs - looking for updated suggestions and web-only bank tips.

HSBC and Multiple Buckets

icebourg — Sat, 02 Jun 2007 19:18:31 -0800

Is there an easy way to open multiple online savings accounts with HSBC Direct? I love ING Direct's website, and one feature I particularly like is how easy they make it to have a bunch of savings accounts set up. I usually use them as short-to-medium term "buckets" that I can put in various amounts for different goals. For instance, I might have an account just for expected car repairs, and another for a piece of software I'm saving up to buy. Since I already have an account, opening a new account takes about 3 seconds and the new account gets fully integrated with the rest of my accounts. It's quite spiffy and solved a lot of the problems I've had with money management in the past. (not [easily] knowing how much I had set aside for what purpose)

Although my account was unaffected, I got spooked by ING's closing thousands of electric orange accounts and decided to try out some of the other offerings out there. So how can I replicate my ING setup with HSBC?

I went to their online savings signup page, but the options are "New Customer/Set Up Online Savings(or Online Payment)" and "Existing Customer/Online Payment." Their website seems like its set up to manage multiple accounts, so how can I set up additional online savings accounts without going through the whole application process again?

Their online payment account seems to be their answer to ING's Electric Orange account, and I'm only interested in savings accounts for now.

Why a two-step login?

smackfu — Sun, 20 Aug 2006 09:15:51 -0800

Why are many financial institutions moving to a two-step login process, where you enter your username on one page and then your password on the next? For instance, Vanguard and ING. Their rationale is just that it's "more secure", but that's not much of a reason.

Internet banking

_sirmissalot_ — Mon, 24 Jan 2005 12:47:09 -0800

Any experience with ING Orange Savings/other internet banks? (+) My wife and I hope to buy a house in the next 8 months or so (no earlier than July, but if after September we'll put it off for another 6 months-year). We've saved up for a down payment, and currently have it in a savings account at our bank that earns 1.44% interest. I want to move it to an ING Orange Savings Account where it will earn 2.35%. My wife, who would keep our money under our mattress if I let her, wants to leave it where it is and worries that the money wouldn't really be quickly accessible from an ING account.

So: any experience with ING or other high-interest internet banking savings accounts that could help persuade her? Do you agree with her that such an account isn't sufficiently liquid/trustworthy?