How much $$$ do you have in your ING Direct savings acct?

[Passions]

I want to open an account and transfer $15.5k into a savings acct, but I'm weary of online only savings acct. Someone hold my hand and make me feel safe. How much $$$ do you have in yours?

 

[ivol07]

bout $8k

 

[minendo]

They are FDIC insured. Nothing to worry about.

I've been using their referral service to support pics.apartment808.com.

 

[StageLeft]

I think $4300. I've never actually taken any out, so I'm assuming that it is indeed real money i can actually get to when I want to. It definitely was real enough coming out of my checking account.

 

[pyonir]

Only like ~$500

Never had a problem with ING. Great company. I haven't heard a horror story about them as of yet. Maybe I will today.

 

[techfuzz]

$0 - I don't have one, but if I did I would spread my money around instead of just a savings account. Interest rates are too low on savings accounts these days that they don't make much sense.

techfuzz

 

[minendo]

Originally posted by: techfuzz
$0 - I don't have one, but if I did I would spread my money around instead of just a savings account. Interest rates are too low on savings accounts these days that they don't make much sense.

techfuzz

ING Direct offers 2.00% which is great for a savings account.

 

[StageLeft]

Originally posted by: minendo

Originally posted by: techfuzz
$0 - I don't have one, but if I did I would spread my money around instead of just a savings account. Interest rates are too low on savings accounts these days that they don't make much sense.

techfuzz

ING Direct offers 2.00% which is great for a savings account.

Yep and it's much easiser to get that money, should one want it, than if it's tied up into a more involved investment. I plan on hitting around $5k and then sending all extra monies into something else. $5k is more than enough cash buffer for me (hell, that's what credit cards are for anyway!).

 

[zmatrix]

one meeeeeelllllllleeeeeooonn doooolllars...... (holds pinkie to lips)

 

[ivol07]

Originally posted by: Skoorb

Originally posted by: minendo

Originally posted by: techfuzz
$0 - I don't have one, but if I did I would spread my money around instead of just a savings account. Interest rates are too low on savings accounts these days that they don't make much sense.

techfuzz

ING Direct offers 2.00% which is great for a savings account.

Yep and it's much easiser to get that money, should one want it, than if it's tied up into a more involved investment. I plan on hitting around $5k and then sending all extra monies into something else. $5k is more than enough cash buffer for me (hell, that's what credit cards are for anyway!).

I agree. ING is my emergency money. I plan on putting enough dough in there to support myself for six months. After I reach that amount the money will go into something with a higher rate. Maybe a CD or something. ING is very liquid.

 

[SunnyD]

$54.27

 

[Transition]

Originally posted by: Passions
I want to open an account and transfer $15.5k into a savings acct, but I'm weary of online only savings acct. Someone hold my hand and make me feel safe. How much $$$ do you have in yours?

INGDirect is great. As far as transferring 15.5k into there you can feel perfectly safe - i have substantially more then that stuck in my INGDirect acct and it's a no-brainer way to make an easy 2%. I do transfers almost weekly as well. I :heart: INGDirect

 

[StageLeft]

So has anybody here actually taken money out of their ING direct account?

 

[tnitsuj]

Around 50k. I got in when they had 6% rates. Has been great for me. Very nice way to hold onto liquid funds.

 

[geno]

Dummy newb question, but how often is the interest compounded, monthly or yearly?

 

[Transition]

Originally posted by: geno
Dummy newb question, but how often is the interest compounded, monthly or yearly?

Yearly.

 

[geno]

Originally posted by: Transition

Originally posted by: geno
Dummy newb question, but how often is the interest compounded, monthly or yearly?

Yearly.

Thought so, thanks!

 

[Nocturnal]

I just signed up for it right now. I plan on having it automatically take out $25.00 every two weeks. I hope I can save up enough to buy me something. How easily accessible is the money? Do they transfer it back into your checking account or do they cut you a check?

 

[StageLeft]

Originally posted by: Nocturnal
I just signed up for it right now. I plan on having it automatically take out $25.00 every two weeks. I hope I can save up enough to buy me something. How easily accessible is the money? Do they transfer it back into your checking account or do they cut you a check?

Supposedly it's back into your checking account. Money that goes in has a hold on it for 10 days or something, but you should be able to get it back in your account in a day or two if you need it.

 

[Jzero]

I've got about $7k right now.
You EFT it back to your linked checking account when you withdraw.

 

[RossMAN]

I deposited $1 two years ago, have made no deposits since then my balance is around $320 now.

Anyone care to guess how (there are 2 reasons)?

 

[edro]

~$100, just started mine, thanks to Minendo.

 

[SunnyD]

Originally posted by: RossMAN
I deposited $1 two years ago, have made no deposits since then my balance is around $320 now.

Anyone care to guess how (there are 2 reasons)?

Interest and referral bonuses.

 

[ivol07]

Originally posted by: RossMAN
I deposited $1 two years ago, have made no deposits since then my balance is around $320 now.

Anyone care to guess how (there are 2 reasons)?

Referals?

 

[edro]

Originally posted by: RossMAN
I deposited $1 two years ago, have made no deposits since then my balance is around $320 now.

Anyone care to guess how (there are 2 reasons)?

Referals