ING Savings Accounts with High Interest

ING Bank high interest savings accounts

ING Direct is wholly owned by the ING Group and is the fifth largest retail bank in Australia. ING has Direct over 1.35 million happy customers across Australia and in 2008 the ING Direct call centre was rated the leading call centre in Australia by Global Reviews 2008 – for its 24 hour service, friendly attitude and local base in Tuggerah, New South Wales you’ll want to chat to the call centre staff even if you’re not an ING customer!

Savings Account	Account Details	Intro Rate p.a.	Variable Rate p.a.	Intro Period p.a.	Fees	Min Balance and Min Deposit
ING Direct Saver	5.85% p.a. for the first 4 months of opening the account	5.85%	4.50%	1.35%	FREE	$1

ING Group is one of the world’s largest and most successful financial institutions and is ranked as the world’s third largest savings bank. The ING Group has over 85 million customers worldwide and launched ING Direct in Australia in 1999 where ING Direct has since won the Best Industry Service Award at the Australian Mortgage Awards 2008, and the Silver award for Best Term Deposit in Money Magazine’s Best of the Best 2008 Awards.

Choose ING Direct’s Everyday Transaction Account

ING offer just one everyday transaction account, but when you compare the features and benefits of ING’s Everyday Orange account, you won’t want to look at another transaction account again.

The ING Direct Everyday Orange account includes:

• No monthly account keeping fees.
• ING Direct does not have any ATMs as not having ATMs saves ING money – savings they can then pass onto you. Therefore ING will not charge you any fees for using foreign ATMs.
• If you use a foreign ATM anywhere in Australia and withdraw $200 or more, ING will reimburse you the ATM owner fees – just get into the habit of withdrawing $200 at a time and you’ve got a fee free transaction account.
• The Everyday Orange account is linked to a Visa Debit card to give you easy access to your money anytime, anywhere, online or over the phone, securely and responsibly.
• When you withdraw $200 cash or more with an EFTPOS transaction, ING Direct will pay you $0.50 each time.
• Your Everyday Orange account can be linked to your other ING accounts to make instant transfers to and from your high interest savings account, or be used as an offset account with an Orange Advantage home loan.
• You can make BPAY, Pay Anyone and international transfer transactions, and use online bank cheques.

ING Direct doesn’t have any branches in Australia either and this means they can save money running their business and pass even more savings onto you. This also means you can apply for a new ING Direct account entirely online by electronically verifying your identity online. During the online application you can choose your own access codes and if you have any questions or need any help, you can call the ING Direct call centre 24 hours a day, seven days a week.

Compare ING Direct Savings Accounts

If you are serious about your savings then you need to open a dedicated high interest savings account. Before you worry this is just going to be another account with more access codes to remember and more fees to pay, consider the ING Direct online, high interest savings accounts which won’t attract any of those extra hassles.

Compare the ING Savings Maximiser:

• No opening fees, account keeping fees or transaction fees.
• Can be linked to any existing personal bank account in your name.
• Earns you 5.25% interest on your savings until 31 January 2010, if opened before 30 November 2009.
• After the promotional period the interest rate returns to ING’s standard variable rate of 3.75%.
• No minimum balance is required and you can make unlimited deposits and withdrawals without affecting your interest rate.

Compare the ING Savings Accelerator:

• No opening fees, account keeping fees or transaction fees.
• Can be linked to any existing personal bank account in your name.
• Earns you 3.50% interest on balances under $50,000.
• Earns you 4.50% on balances $50,000 and over.

Balances in your ING Direct savings accounts under $1 million are guaranteed under the Australian Government’s Deposit Guarantee Scheme until October 2011.

ING Direct takes a unique approach to banking in Australia, but where other businesses expect their customers to move with the times as they remove in-branch or in-store access, ING has instead implemented ways to make the transition into independent banking smooth, not to mention rewarding. Therefore, as you compare savings and transaction accounts, consider whether branch access is something you truly need, or whether ING Direct have found innovative and inviting ways around it.

Now that you have been able to compare the ING Direct savings and transaction accounts, you can link securely to the ING website and apply online now, to take control of your finances, and take them into the 21st century.

ING Direct Savings Account – High Interest Interest