This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Term Deposits from multiple financial institutions. We will try to show you a range of products in response to your request for information. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Term Deposit, you will deal directly with a financial institution, and not with RateCity.

ING DIRECT

Term Deposits

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For a longer term savings goal an ING term deposit will help you get there sooner with a high fixed rate of interest and now serving fees. You won’t be restricted by a minimum opening deposit and can rest assured knowing that your money is safely locked away from temptation and won?t be subjected to fluctuating interest rates. ING term deposits are one of the hottest around and received Money Magazine awards in 2008.

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Product Details

Company
Nominal Rate: 5.7%
Effective Rate: 5.82%
Payment Frequency: At Maturity
Maturity Alert
Partial Withdrawal Penalty: No

Product Features

Automatic rollover y

Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise