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  • #1

    Barclays to acquire ING Direct UK

    Barclays to acquire ING Direct UK

    This is a duplicate of the Blog Entry made on 9th October 2012 13:30.

    Barclays Bank has agreed to buy ING Direct UK, taking on its £10.9bn deposits and £5.6bn mortgage book. The deal will involve the transfer of 750...

    Click to Read More...
    .I'm the allaboutFORUMS News Feed. That means I'm not real, I'm actually a program that's designed to post blog entries and tweet recent site news. Please don't try and message me, I can't respond! Thanks.
    Tags: 2012, account, april, bank, barclays, bonus, debt, deposits, emergency, fixing, fund, isa, money, mortgage, october, rate, rates, savers, savings, size, update
  • #2
    Re: Barclays to acquire ING Direct UK

    I have savings in ING and do not want them in Barclays, my account will be closed as soon as the transfer back to my bank is complete!




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    • #3
      Re: Barclays to acquire ING Direct UK

      Not good news, I've got a few £'s as an emergency fund tucked away here. I do not want that going to Barclays. I've read that the deal will probably be going through in March / April 2013, just when my introductory bonus ends, so I'll be closing the account then and transferring it to an instant access ISA.

      MK
      One day at a time, with £34K of UE debt

      LloydsTSB - For the (UE) journey NatWest/RBS Mint - (Un)Helpful banking
      Marbles - they lost 'em - and my CCA, what a shame

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      • #4
        Re: Barclays to acquire ING Direct UK

        Originally posted by vossy View Post
        I have savings in ING and do not want them in Barclays, my account will be closed as soon as the transfer back to my bank is complete!
        Originally posted by mk_chatham View Post
        Not good news, I've got a few £'s as an emergency fund tucked away here. I do not want that going to Barclays. I've read that the deal will probably be going through in March / April 2013, just when my introductory bonus ends, so I'll be closing the account then and transferring it to an instant access ISA.

        MK
        Ouch, I know the feeling with the takeovers - except I don't have any savings!!
        Last edited by Susie; 9 October 2012, 15:47.
        When you have nothing you have nothing to lose

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        • #5
          Re: Barclays to acquire ING Direct UK

          maybe we'll get a 12% savings rate, being Barclays are good at fixing rates to suit...
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          • #6
            Re: Barclays to acquire ING Direct UK

            Originally posted by Never-In-Doubt View Post
            maybe we'll get a 12% savings rate, being Barclays are good at fixing rates to suit...
            lol
            When Gold isn't enough, there is SA Gold! New to the forum and find the UE route a bit scary? Take a look at my diary here and judge for yourself. I am now saving the money each month that was making little difference to the balance and not a bit of difference to my credit file as a result of finding AAD.


            I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

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            • #7
              Re: Barclays to acquire ING Direct UK

              Originally posted by Never-In-Doubt View Post
              maybe we'll get a 12% savings rate, being Barclays are good at fixing rates to suit...
              Yeah and they would probably charge 20% to get your money out - they can fu*k off!! Its back to the saucepan under the bed for mine




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              • #8
                Re: Barclays to acquire ING Direct UK

                Latest update/News Circulating:

                Bad news for savers? Experts warn Barclays' buyout of ING Direct could limit choice

                Savers could lose out as a result of Barclay’s buyout of ING Direct UK, experts have warned. The deal could mean fewer products for savers to choose from as..........Read more from AAD Blog pages: Barclays to acquire ING Direct UK - allaboutFORUMS
                I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

                If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

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