ING DIRECT Orange Everyday

Moneybuddy says

Everyday banking account from ING that has no monthly account keeping fees and comes with the Orange Everyday Visa Debit Card. The Orange Everyday account refunds any ATM fee for any transaction of $200 or more. Get instant access and transfers between linked ING DIRECT accounts like the Savings Maximiser.

The Basics

Interest paid Quarterly

Interest calculated Daily

Headline interest rate p.a. 0%

Monthly fee $0

Account type Transaction

The cool stuff: features

ATM access Yes

EFTPOS access Yes

Branch access No

Internet Banking Yes

Age restrictions Yes

Cheque book facility No

Debit card Yes

BPAY Yes

GiroPost Yes

Phone access Yes

The Facts & Figures

Balance less than $1k (p.a.) -

Balance less than $5k (p.a.) -

Balance less than $25k (p.a.) -

Balance greater than $100k (p.a.) -

Min. balance $0

Min. opening deposit $0

Number of free elect transactions per month unlimited

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee -

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. Money Buddy earns a referral fee in the form of a commission payment per click from redirecting website users to ING DIRECT's website. Website users have no obligation to apply for a product or service that they may be referred to by this website.

ING DIRECT says

The online bank account with no monthly account keeping fees that makes banking easy. Manage your account online or on your mobile and say goodbye to ATM fees! You can access your cash from any ATM in Australia for free when you withdraw $200 and enjoy low international ATM fees when you travel. Plus forget lining up at a bank branch, you can contact ING DIRECT anywhere, anytime via the 24/7 Australian call centre. Apply online today!

Key features

No monthly account keeping fees
No ING DIRECT ATM fees
No fixed term or minimum account balance
Refund of the ATM owner fee when you withdraw $200 or more using EFTPOS
Visa Debit Card
BPAY®
Pay Anyone
international transfers
online bank cheques

Pros

Visa Debit Card
Mobile banking with iPhone and Android Apps
Use any institution ATM machine without a fee if withdrawing $200 or more

Cons

$200 withdrawal to avoid ATM fees is a fairly high figure for many people

Terms & conditions

Before making any decision in relation to Orange Everyday you should read the Orange Everyday Terms and Conditions booklet and Orange Everyday Fees and Charges brochure at ingdirect.com.au