Mrs. Stone and I are thinking about opening an ING direct savings account. They seem to have the best rates, almost as good or even better, than CD interest rates without having to lock the money up for any length of time.
But it goes against my ‘old fashioned’ nature to trust a bank that I can’t see. They’re a virtual bank, accessed online or by phone. I just can’t get over the feeling that they could all too easily dissapear and all our cash would be gone.
Does anyone have any experience with them? (I did a search and found threads relating horror stories with other banks <shudder> including my own bank, but none I could find mentioning ING)