Capital One Buys ING Direct


I am probably late to the game, but I just realized that Capital One has purchased ING Direct. Cue the sad violins. I have loved ING for years, and my hope with Capital One coming in and buying ING is that they leave everything exactly the same. I love the fact that there is no minimum balance on the savings accounts, you can have multiple accounts, and it’s just so easy to use. I love being able to log in and see all of my accounts right there, all displayed in one screen. I can transfer money between accounts and from my external bank.

If Capital One starts changing things, I’ll have to look for a new bank. I’ve thought about just consolidating all of my accounts into one so I’d be able to meet a required minimum balance, but I don’t think that would work for me. I like it when they are separated on the screen and all have individual nicknames.

I’ve banked with ING for many years now, and I’ve never had a problem. Whenever I’ve called, the representatives have been very helpful and friendly. It’s been an awesome experience!

Do you bank with ING? Do you think Capital One taking over will change things?

Related Posts Plugin for WordPress, Blogger...FacebooktwitterrssinstagramFacebooktwitterrssinstagram

4 thoughts on “Capital One Buys ING Direct

  1. Kacie says:

    Aw man! I’m late to the party, too. I do have my e-fund in ING right now. I will probably move it to my other bank (you know which one 😉 ) after we buy our house.

    I do like my regular bank’s online application because I can also easily separate funds into different things — emergency fund, insurance fund, house savings, etc. without even needing to create another account within it. You just earmark it. Love it a lot, actually.

    What I DONT love is that they give puny interest on savings and once you reach a threshold, you earn even less interest on money beyond that threshold.


  2. Scott says:

    I have an on-line savings account with Capital-One which I have had for about a year. I have several accounts with ING which I have had since they took over Net Bank. Both Banks have similar interest rates. I like ING’s site better for viewing and functionality. I expect Capital One will continue with the decent interest rates and hopefully will keep the ING site and customer service.


  3. Mrs. Accountability says:

    I had not heard about this!! I hope they leave ING Direct as it is with sub-accounts. I really like this feature and have been using it more often lately. I don’t think I have an account with Capitol One. Guess I do now.


Leave a Reply

Your email address will not be published. Required fields are marked *