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soma · 03-25-2005, 04:04 PM

Interesting thread here. I've been thinking about opening a savings account, and this ING deal seems pretty good. My other choice right now is a savings account with USBank (where my checking account is). Now, with ING, everything is online. Should I be concerned about security? I read somewhere that you are only liable for $50 for fraud or theft if you report the incident within 2 days (for traditional banks). Does this apply also to ING? (I'm a bit of a paranoid nut. Right now, I have a sizeable amount of cash stored under my bed but feel like moving it into a savings account. BTW, is a savings account a safe place to put money? I'm 19 and I'm pretty new to all this.)

Thanks

03-25-2005, 04:04 PM	#28 (permalink)
soma Addict Location: USA	Interesting thread here. I've been thinking about opening a savings account, and this ING deal seems pretty good. My other choice right now is a savings account with USBank (where my checking account is). Now, with ING, everything is online. Should I be concerned about security? I read somewhere that you are only liable for $50 for fraud or theft if you report the incident within 2 days (for traditional banks). Does this apply also to ING? (I'm a bit of a paranoid nut. Right now, I have a sizeable amount of cash stored under my bed but feel like moving it into a savings account. BTW, is a savings account a safe place to put money? I'm 19 and I'm pretty new to all this.) Thanks