ING DIRECT up to 4.40 % from 4.35%

[Sparke]

Can you transfer directly from Emigrant Direct to ING?

 

[phlashphire]

Originally posted by: Sparke
Can you transfer directly from Emigrant Direct to ING?

Yep. Just did it.

 

[Rauthoen]

Do you know how I can add more than 2 account links to the ING account? This deal warrants more links. Web site does not seem to have any provision to add more links

 

[dabuddha]

Originally posted by: GeneValgene
what happens if you transfer money out, then back in...does that qualify for 4.75%??

I think they take the net amount you put into your account and give you the 4.75 on that. So if you remove $5000 and then add $6000, you only get the new rate on $1000

 

[cyberkost]

I am also with all three (ING, HSBC and ED) with all of the money at ED at the moment.
Should put them into ING for the next three months though . Out of three, ING's site
is the most pleasing, but I could not establish a direct link between ED and ING
(some say they've succeeded). Also, ED promised to come up with a super-duper
"get the most rewards" credit card before the end of 2005, but they never did. I don't
take that as a good sign.

If anyone needs an ING referral please PM me.

 

[ECartman]

I think the direct link between ED and ING worked only if, upon your initial online signup with ING, you put in the ED routing and information for the initial transfer. For those of us who had ING long before ED offered this online savings account, there is no way I know of to link them. ING's routing number does not allow incoming banks to take money out....in other words the only way to get money out of ING is to use ING's interface to send it. You can't set up ED or HSBC or any other service to do a ACH transfer out of ING initiated at ED or HSBC. So I was told by the ING rep and when I tried to use ING's routing information it was not accepted by my other online banks.

To go the other way, from ING to other bank, you can set up the routing info upon iniitial setup with ING to nearly any other account -- savings or checking. But once you have ING set up the only way to add another bank is by submitting a check (with the routing info of the other account) to ING. Since HSBC and ED are not checking accounts, you don't have checks and you can't submit one. When I asked the ING rep if I could establish a link by simply sending a letter to ING with the routing information to my ED account, she said no -- the ONLY way to add another account is by submitting a check.

So I gave up on trying to link ED or HSBC to ING. I did link my Presidential account to ING but it is a checking account (that pays 4% right now).

 

[diapickle]

Originally posted by: ECartman
I think the direct link between ED and ING worked only if, upon your initial online signup with ING, you put in the ED routing and information for the initial transfer. For those of us who had ING long before ED offered this online savings account, there is no way I know of to link them. ING's routing number does not allow incoming banks to take money out....in other words the only way to get money out of ING is to use ING's interface to send it. You can't set up ED or HSBC or any other service to do a ACH transfer out of ING initiated at ED or HSBC. So I was told by the ING rep and when I tried to use ING's routing information it was not accepted by my other online banks.

To go the other way, from ING to other bank, you can set up the routing info upon iniitial setup with ING to nearly any other account -- savings or checking. But once you have ING set up the only way to add another bank is by submitting a check (with the routing info of the other account) to ING. Since HSBC and ED are not checking accounts, you don't have checks and you can't submit one. When I asked the ING rep if I could establish a link by simply sending a letter to ING with the routing information to my ED account, she said no -- the ONLY way to add another account is by submitting a check.

So I gave up on trying to link ED or HSBC to ING. I did link my Presidential account to ING but it is a checking account (that pays 4% right now).

I am not sure if that's true. I link ING directly to my credit cards and have no problems with my credit cards initiating transfers out of ING.

 

[dabuddha]

Originally posted by: cyberkost
I am also with all three (ING, HSBC and ED) with all of the money at ED at the moment.
Should put them into ING for the next three months though . Out of three, ING's site
is the most pleasing, but I could not establish a direct link between ED and ING
(some say they've succeeded). Also, ED promised to come up with a super-duper
"get the most rewards" credit card before the end of 2005, but they never did. I don't
take that as a good sign.

If anyone needs an ING referral please PM me.

Referrals are a no no.

 

[cyberkost]

The other thing that comes to mind is that the 0.75% advantage ING will have over ED
for 87 days is effectively 0.75*87/365=0.178% APY increase for whatever sum you
transfer from ED to ING. If that's 20K you'll earn $35.60, but you'll loose about $20
during those 10 days that your money will be in limbo (of sorts), i.e. not earning ANY
interest, while you do ED->checking->ING and ING->checking->ED (when the promo
is over). So the deal is not all that attractive as it seems on the first sight.

 

[cyberkost]

Sorry for advertising referrals so bluntly in the earlier posting.
Could not resist the temptation of getting $10 for sending an e-mail

 

[ECartman]

Originally posted by: diapickle
[
I am not sure if that's true. I link ING directly to my credit cards and have no problems with my credit cards initiating transfers out of ING.

Hey that would be cool if I could do that. What Routing number did you use for ING ? When I put ING's Routing number into the HSBC form to link my HSBC account to ING, HSBC's side came back and said the number wasn't valid for transfers out of ING. When I called ING to ask for a routing number to transfer money out the representative told me that they didn't allow other accounts to link into the ING Orange accounts and that the routing number provided by ING would not work for that purpose. Since it seemed to confirm what the HSBC lady told me I gave up trying.

Being able to do this would be great cause it would allow me to link other hi-rate savings accounts to my ING and I could transer between them, as anticipated in this thread, without having to go through my intermediary checking account.

Can you share the routing number that works ? (and your account number if ya want? )

 

[diapickle]

Originally posted by: ECartman

Originally posted by: diapickle
[
I am not sure if that's true. I link ING directly to my credit cards and have no problems with my credit cards initiating transfers out of ING.

Hey that would be cool if I could do that. What Routing number did you use for ING ? When I put ING's Routing number into the HSBC form to link my HSBC account to ING, HSBC's side came back and said the number wasn't valid for transfers out of ING. When I called ING to ask for a routing number to transfer money out the representative told me that they didn't allow other accounts to link into the ING Orange accounts and that the routing number provided by ING would not work for that purpose. Since it seemed to confirm what the HSBC lady told me I gave up trying.

Being able to do this would be great cause it would allow me to link other hi-rate savings accounts to my ING and I could transer between them, as anticipated in this thread, without having to go through my intermediary checking account.

Can you share the routing number that works ? (and your account number if ya want? )

I used this one I found by googling:

http://www.epinions.com/content_6747557508

 

[htspecialist]

This Ing Rate is totally laughable given the good deals offered by a number of other institutions including emigrantDirect's 4.75% deal

 

[esquared]

Originally posted by: htspecialist
This Ing Rate is totally laughable given the good deals offered by a number of other institutions including emigrantDirect's 4.75% deal

What deal might that be? Share it with the rest of us here since you seem to be knocking this deal.

 

[mikegama]

http://www.ingdirect.com/osa_saveupsale/

New and existing customers get 4.75% APY on new deposits through April 15th. The key word(s) here is "new deposits". After April 15th, it returns to the nromal %.

 

[Schfifty Five]

obligatory "I got referals, you want $25?" post.

 

[dabuddha]

Originally posted by: Schfifty Five
obligatory "I got referals, you want $25?" post.

obligatory referrals are a no no and you're going to get this thread locked post. Besides, the person has to deposit $250 to get the $25.

 

[esquared]

Originally posted by: dabuddha

Originally posted by: Schfifty Five
obligatory "I got referals, you want $25?" post.

obligatory referrals are a no no and you're going to get this thread locked post. Besides, the person has to deposit $250 to get the $25.

Thanks dabuddah. I have mentioned this a couple times before. The Mods seem to allow someone to "ask" for a referral by PM but not to post "PM me for referrals". If it continues, it will be locked. Please respect this people, thanks.

 

[MonkeyK]

Originally posted by: diapickle

Originally posted by: ECartman

Originally posted by: diapickle
[
I am not sure if that's true. I link ING directly to my credit cards and have no problems with my credit cards initiating transfers out of ING.

Hey that would be cool if I could do that. What Routing number did you use for ING ? When I put ING's Routing number into the HSBC form to link my HSBC account to ING, HSBC's side came back and said the number wasn't valid for transfers out of ING. When I called ING to ask for a routing number to transfer money out the representative told me that they didn't allow other accounts to link into the ING Orange accounts and that the routing number provided by ING would not work for that purpose. Since it seemed to confirm what the HSBC lady told me I gave up trying.

Being able to do this would be great cause it would allow me to link other hi-rate savings accounts to my ING and I could transer between them, as anticipated in this thread, without having to go through my intermediary checking account.

Can you share the routing number that works ? (and your account number if ya want? )

I used this one I found by googling:

http://www.epinions.com/content_6747557508

If anyone else verifies that this works, I am very interested. I want to use my ING account to fund my Roth IRA.

 

[mfbf]

Signed up, thanks

 

[ECartman]

Originally posted by: MonkeyK

Originally posted by: diapickle

I used this one I found by googling:

http://www.epinions.com/content_6747557508

If anyone else verifies that this works, I am very interested. I want to use my ING account to fund my Roth IRA.

it doesnt work for HSBC or ED. That google result is the same routing number that ING gives ya for direct deposit, like I have. It doesnt work for initiating a transfer from outside ING to draw from ING. ING reps told me it cannot be done. I'd love to do it too.

 

[v0id]

hey, i need to set up an account with ING. could i please have a referral from somebody? thanks.

 

[diapickle]

Originally posted by: v0id
hey, i need to set up an account with ING. could i please have a referral from somebody? thanks.

check your pm

 

[imported_squire]

I have a question about how interest is added... (sorry i'm new to this)

Lets say, for example, I deposit $1000 on March 1st. ING pays interest monthly, at lets say... March 30th.

If I withdraw all my money, for some reason at March 29th, will I still gain the monthly interest for 29 days? Or will I get no interest back at all?

 

[cyberkost]

Originally posted by: squire
I have a question about how interest is added... (sorry i'm new to this)

Lets say, for example, I deposit $1000 on March 1st. ING pays interest monthly, at lets say... March 30th.

If I withdraw all my money, for some reason at March 29th, will I still gain the monthly interest for 29 days? Or will I get no interest back at all?

You'll get interest for 29 days (but you'll only see it credited on March 31st or April 1st)