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missty1029

ING Now has Business savings Accounts & CDs

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Got the info in an email and went to the site for the info

 

business dot ingdirect dot com

 

Looks like the rate is higher for the business then on the personal.

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I didnt read everything fully, but I see they ask for your SS# in addition to you tax id. Wonder if they would still pull if you already have an account.

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No pull on personal savings accounts. Heard they do on checking and other products though.

 

Wouldn't mind knowing for biz accounts, but of course I don't want to be the first volunteer.

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I've had a personal savings account for years. Applied for biz savings account earlier in the week. No pull yet. I'll update further later on as I still have yet to receive the "small deposits" to my biz checking account and submit all the other info to them later.

 

MCHB

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No pull on personal savings accounts. Heard they do on checking and other products though.

 

Wouldn't mind knowing for biz accounts, but of course I don't want to be the first volunteer.

 

I'll be the sacrificaial lamb and let you guys know next week

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As of last nite's TC review, ING hasn't looked at my credit unless it was a soft pull. I have received the 2 small deposits from them and verified and they have pulled the $$ from my account into their account. I sent the documents in yesterday.

 

MCHB

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i'm not goona risk the pull. dont need a savings anyways. i know on the personal side...there was a big hoopla about them pulling on ALL accounts now. before they did'nt. they even went in after the fact..and pulled and closed several accounts. it was all over the internet and here at the board..

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i'm not goona risk the pull. dont need a savings anyways. i know on the personal side...there was a big hoopla about them pulling on ALL accounts now. before they did'nt. they even went in after the fact..and pulled and closed several accounts. it was all over the internet and here at the board..

 

This was on the savings or the new checking accounts??? I havent experienced a pull and I just have a savings. I read briefly there were pulling accounts but i never got why.

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I don't know about the on-line savings/CD accts (I am going to find out though as I have long waited for ING to do these Savings Accts for business and I will be opening one shortly regardless of the pull or not.) BUt I do know that nearly every bank now runs a CR when oepning a checking acct, mainly personal but alot do it for business also. They will "blame" in on the Patriot Act, but that is not completely true.

Edited by Starsky

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