Anyone had accounts with Kaupthing Edge?

[HungryHippos]

If so what are you doing with them now?

Fortunately ING, a large Dutch bank, have bought all of the UK savers deposits that were with Kaupthing Edge so our money is safe (apparently), I am personally transferring my savings back to my HSBC current account as soon as humanly possible.

I fail to see how this can work out profitably for ING though...

Should have seen the nationalisation of Kaupthing coming soon and was considering moving my money out a week or two ago but decided against it, I should listen to my instincts more!

Does anyone have any recommendations of good savings accounts to use now? Ideally want something that is easy to use/access and offers a decent return.

I think I have used my ISA allowance this year in a stocks & shares ISA but I am not totally sure, in April next year I will max out my ISA allowance with a new ISA account somewhere.

 

[HungryHippos]

Yes, I had a savings account with them, I transferd the full amount in my acount Tuesday, the day before they were nationalised. However, it seems my money is floating around somwhere in the great electronic aether, it's neither in my Barclays account or my Kaupthing/ING account right now. According to their website ING are working on a backlogue of transfer requests so hopefully I will see it soon.

I'm sure you will be fine, ING do seem like a solid financial institution.

Did you use BACS or CHAPS also?