ING Direct goes for the savings jugular - Savings - News - Moneyfacts


ING Direct goes for the savings jugular

ING Direct goes for the savings jugular

Category: Savings

Updated: 06/08/2012
First Published: 28/03/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

ING Direct has gone straight for the savings jugular by increasing the rate on its savings account for new customers.

New customers will now be paid 2.96% (AER 3.00%) making this account highly competitive when compared with similar no notice accounts with a short term introductory offer.

This rate is only available to new customers, who must be prepared to review the position at the end of the introductory 12 month period when the rate will fall to 0.50%.

The option of internet or telephone banking may appeal to some savers.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

6 of the best monthly interest savings accounts

Monthly interest savings accounts pay interest on your savings each month – as opposed to yearly – and therefore allow you to take a regular income from your hard-earned cash.

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.