ING offers two standard savings accounts – Savings Maximiser and Savings Accelerator. Both are fee-free accounts. Savings Maximiser pays bonus interest for customers who also have an Orange Everyday bank account and deposit at least $1,000 per month. Savings Accelerator pays bonus interest for balances of $50,000 to $149,999.99 and even more bonus interest for balances of $150,000 and above. ING also offers term deposits, credit cards, home loans, insurance and superannuation. ING’s domestic headquarters is in Sydney, while its international headquarters is in Holland.
*For customers who have an Orange Everyday bank account and deposit their pay of $1,000 or more per month and make 5+ card transactions each month
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Pros and Cons
- Has no ongoing fees
- Has no minimum balances
- Must satisfy conditions