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ING Orange Everyday + Savings Maximiser

Discussion in 'Living Room' started by Redwing, 19th Jul, 2015.

  1. Redwing

    Redwing Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    837
    Location:
    WA
    Anyone using the above accounts?

    At ING you open a savings maximiser (savings account) and a orange everyday (transaction account), both free. You then link together, so that transfers between accounts are instant. Orange everyday account gives you a visa debit card to use for free as well.

    It would seem to be a good account for having your wages go into?
    • Use any ATM in Australia for free (any bank, anywhere) when you deposit your pay of $1,000+ each month.
    • No monthly 'account keeping' fees
    • Get 2% cash back on Visa payWave purchases under $100 in Australia when you deposit your pay of $1,000+ each month.
     
  2. Be Developer

    Be Developer Property Developer Business Member

    Joined:
    19th Jun, 2015
    Posts:
    1,078
    Location:
    Australia
    It's a good product! I use to have same set up for few years.
    Then

    Ended up switching to citi bank..as they offer free international ATM withdrawals.
     
  3. MRTLR1000

    MRTLR1000 Active Member

    Joined:
    5th Jul, 2015
    Posts:
    39
    Location:
    Melbourne
    been using ING account for a while..funny, only this morning was saying its as thou ING are a friend, not like other banks. Any ATM, they pay the withdrawal fee...they give cash back as well on transactions, instant transfers...also what i like, is sometimes an auto debit will come out, and take it to negative, they honor it, send you a txt to say 3 days to get it back to positive and no charge. I have a car account and use it...but we all know they are not our friends! but would recommend it for easy daily transactions...
     
  4. Chilliblue

    Chilliblue Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,578
    Location:
    Australia
    Working well for me with no problems to date
     
  5. Bayview

    Bayview Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    2,716
    Location:
    Mornington Peninsula
    Have had a Savings Maximiser for about 8 years.

    Our 13 year old son's investment account.
     
  6. sonofthewest

    sonofthewest Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    36
    Location:
    Sydney
    I've had a Savings Maximiser account since the early 2000s, and the Everyday Account for about 2 years as well. I'd recommend both, especially the lack of account keeping or ATM fees (if your salary gets paid into the account each month).

    Having both accounts results in your Maximiser getting an interest rate boost. Nothing especially remarkable given the ongoing low interest rates at the moment, but it's on part with UBank and other popular 'high' interest savings accounts.