ING DIRECT Personal Term Deposit

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Headline interest rate p.a.
-

Monthly fee
-

Account type
Term deposit

Moneybuddy says

Great high rate term deposit from ING Direct with no fees ever and an easy application process.

The Basics

Interest paid Annually

Interest calculated Daily

Headline interest rate p.a. -

Monthly fee -

Account type Term deposit

The cool stuff: features

ATM access No

EFTPOS access No

Branch access No

Internet Banking Yes

Age restrictions Yes

Cheque book facility No

Debit card No

BPAY No

GiroPost No

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 -

Min. opening deposit -

Number of free elect transactions per month -

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 fixed fee per month 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

Do you have a longer-term savings goal, such as saving for a holiday, a car, a house or a child's education? Maybe you just want to save for a rainy day or you'd like to deposit your cash in a low risk product with a fixed interest rate. ING DIRECT's Personal Term Deposits offer a competitive rate when you deposit the minimum of $**,***. It's easy to apply and transfer your funds into a term deposit online.

Key features

No ING DIRECT fees, ever
$**,*** minimum deposit
Easy to apply online
A high fixed rate of interest
Savings up to $* million will be guaranteed by the Australian Government until ** October ****
** hours * days a week Australian based customer service

Pros

Very high rate
No ING DIRECT fees
Easy application online
Savings up to $* million guaranteed by the Australian Government until ** October ****

Cons

$**,*** minimum deposit may be high for some

Terms & conditions

Before making any decision in relation to the Personal Term Deposit you should read the Personal Term Deposit Terms and Conditions booklet available at ingdirect.com.au