ING Direct was just purchased by Cap One.
Doesn't sound like a good move for the average customer so I think it's time for this girl to bail.
ING Direct Just Purchased by Crap One
Started by
snowpuppy
, Jun 16 2011 05:09 PM
19 replies to this topic
#1
Posted 16 June 2011 - 05:09 PM
#2
Posted 16 June 2011 - 05:35 PM
Ouch.
#3
Posted 16 June 2011 - 07:29 PM
ING Direct was just purchased by Cap One.
Doesn't sound like a good move for the average customer so I think it's time for this girl to bail.
bummer
#4
Posted 17 June 2011 - 05:46 PM
I know I'm bailing from both ING and Sharebuilder because of Capital One. I'm not even going to wait for the approval......I hate Capital One.
#5
Posted 17 June 2011 - 09:28 PM
I'm following a "wait and see" approach. Not one of those impulsive bail people. They're FDIC-insured savings, not shares of stock.
#6
Posted 17 June 2011 - 11:24 PM
I am more concerned about Sharebuilder than anything. I too, will do a wait and see. Still, I am not exactly thrilled. I love the company to the point that I bought a few shares for the heck of it. (Wished I had thought about that when I felt the same way about Netflix before they blew up)
#7
Posted 21 June 2011 - 09:54 AM
I'm following a "wait and see" approach. Not one of those impulsive bail people. They're FDIC-insured savings, not shares of stock.
I agree -- I'm going to wait and see too. I don't have the sharebuilder, but I have 4 CD's and 2 savings accounts with them. It'll be sometime in 2012 or 2013 before Crap One actually takes over so I'm going to hang in there to see if they royally mess ING up.
#8
Posted 30 July 2011 - 07:49 AM
capital one is getting alot better. they just need to full integrate what they have already purchased. in terms of the ING deal. I use them both Capital One Bank and ING Direct. I'm gonna give them a chance and see what happends. I'm interested in seeing what happends and how much influence ING Direct will have on them. f
#9
Posted 30 July 2011 - 08:04 AM
I have to leave. (Revelation 18:4)
They made themselves a life-long enemy of mine (see past my comments about them), and I will do nothing to contribute to their success. Not a penny.
There are other places with similar set-ups, and the couple tenths of a percentage point I lose in interest count as nothing against my principles.
But that's me. As a professional, I would recommend a "wait-and-see" approach.
They made themselves a life-long enemy of mine (see past my comments about them), and I will do nothing to contribute to their success. Not a penny.
There are other places with similar set-ups, and the couple tenths of a percentage point I lose in interest count as nothing against my principles.
But that's me. As a professional, I would recommend a "wait-and-see" approach.
#10
Posted 30 July 2011 - 03:38 PM
I was deciding between Amex, Cap One, and ING. Having a card with Amex, among other issues, took them out of the running. Between ING and Cap One, I went with the latter just to cut the middle man out. I mean, I'd end up there anyway, right?
#11
Posted 30 July 2011 - 03:45 PM
I was deciding between Amex, Cap One, and ING. Having a card with Amex, among other issues, took them out of the running. Between ING and Cap One, I went with the latter just to cut the middle man out. I mean, I'd end up there anyway, right?
i would do ING and see what happens. Unless you currently bank with capital one. If so then its worth getting one with them.
#12
Posted 31 July 2011 - 12:15 AM
I just opened a ING account the other day as having a savings that is easily accessible to me is not a good idea. Guess I'll hope for the best!
#13
breeze
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Posted 03 August 2011 - 04:44 PM
Expect all of the foreign-based banks to sell out or close soon. Our laws have changed, and they do not want to operate here.
#14
Posted 04 August 2011 - 08:39 PM
That's one way to solve the law restraints. Other foreign banks, like in Europe, just kick out all their customers who are US citizens. American expats in Europe have difficulties finding any banking services there.Expect all of the foreign-based banks to sell out or close soon. Our laws have changed, and they do not want to operate here.
#15
Posted 05 August 2011 - 03:53 PM
I didn't know Cap One bought out ING, and I have a savings acct with them (sigh). I'll do what others are doing and just "wait and see". Can't jump the boat until I know it's sinking.
#16
Posted 05 August 2011 - 04:16 PM
considering ing pays a low APY on savings, this is probably a good reason to move funds to Alliant or a HAC.
#17
breeze
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Posted 06 August 2011 - 01:47 PM
RBC has sold their US accounts to PNC. I hope the Charlotte employees will have jobs. 
#18
breeze
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Posted 06 August 2011 - 01:50 PM
That's one way to solve the law restraints. Other foreign banks, like in Europe, just kick out all their customers who are US citizens. American expats in Europe have difficulties finding any banking services there.
Expect all of the foreign-based banks to sell out or close soon. Our laws have changed, and they do not want to operate here.
Wow! Sorry to hear that. I didn't know it would affect Americans living abroad.
#19
Posted 06 August 2011 - 02:22 PM
considering ing pays a low APY on savings, this is probably a good reason to move funds to Alliant or a HAC.
What's HAC? (I suck at acronym searches)
#20
Posted 06 August 2011 - 04:07 PM
high activity checking...those accounts that offer limited high APY if you use a sucky debit card x number of times a month, etc.
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