Bank Deal: Earn 1.00% APY on an FDIC-insured savings account at Barclays.
Remember last summer when I noted that Capital One was in the process of buying ING Direct? Well, the Federal Reserve approved the acquisition yesterday, and the deal is expected close within the next few days.
According to the note that I received from Capital One:
“Capital One has no current plans to change ING customer accounts. Customers will still enjoy the competitive rates, no fees and the same online experience they’ve come to know and love from ING Direct.”
One thing that I hope will be changing is the lack of remote deposit. As regular readers know, ING has been promising to add this functionality since last summer, but nothing has happened.
Perhaps they were too busy with the impending acquisition to roll out new features. Or perhaps they’ve just been dragging their feet. Either way…
What do you think about the news? Do you think Capital One will leave well enough alone? Or will they mess up a good thing?
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