ING vs USaver

Discussion in 'Money Management & Banking' started by Raphael, 5th Dec, 2009.

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  1. Raphael

    Raphael Member

    Joined:
    8th Oct, 2016
    Posts:
    22
    Location:
    Sydney
    Hi, I just opened an ING account about 6 weeks ago, because I was lead to believe they had the highest rate.

    I've now learnt of USaver which seems to offer a 5.56 rate with an ASP.

    I thought ING offered 5.25, but I only seem to be getting 4.00?

    Is it easy to close the ING account and put all my current savings into a new USaver account, which i'd like to do. Interest will be substantially different over a year of saving.
     
    Raphael, 5th Dec, 2009
    #1
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,414
    Location:
    Sydney
    I have several USaver accounts - I think they are an excellent account, give far more flexibility than ING accounts and they have a higher rate too.

    Shouldn't be too hard to close the ING account - just transfer all your money back to your main account and call them.

    ING DIRECT Australia - General FAQs
     
    Simon Hampel, 5th Dec, 2009
    #2