ING Direct Orange Everyday
Moneybuddy says
Novel account from ING that refunds any ATM fee (and rewards you with 50c) for any transaction of $200 or more.
The Basics
Interest paid Quarterly
Interest calculated Daily
Headline interest rate 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 0%
Balance less than $5k 0%
Balance less than $25k 0%
Balance greater than $100k 0%
Min. balance $0
Min. opening deposit $0
Number of free elect transactions per month unlimited
The ugly stuff: fees
Other bank ATM fee $0
EFTPOS transaction fee $0
Branch assistance fee $0
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
ING Direct says
If you're unhappy with your bank take, take, taking when you use your everyday transaction account, now you have a real alternative. Awarded Money magazine's 2010 Best Innovative Product, Orange Everyday is the online everyday bank account that actually pays you for using it and is totally free from ING DIRECT everyday fees.
Key features
- No monthly account keeping fees
- No ING DIRECT ATM fees
- No fixed term or minimum account balance
- 50c cash out bonus when you withdraw $200 or more using EFTPOS
- Visa Debit Card
- BPAY®
- Pay Anyone
- international transfers
- online bank cheques
Pros
- Cash bonus for withdrawing $200 or more from ATM machines
- Use any institution ATM machine without a fee if withdrawing $200 or more
Cons
- $200 withdrawal to initiate benefits 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
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