The ING Orange Everyday is a bank account that charges you no fee for ATM withdrawals
here or overseas, no international transaction fees and a competitive interest rate when
you link with the ING Savings Maximiser.
So why am I telling you about this? Well, I do work for Finder, which is a financial comparison site
Why would you believe me? While ING did not pay for this video, we will make money if you follow the link
in the description to our website and apply for an account.
So, rather than sitting here and listening to me go on about whether the account is good or not,
let's have a look at some other reviews and see of what they think, so you can make up your mind.
We’re going to look at two Australian review sites: Trust Pilot and Product Review.
Its really important to take these reviews with a grain of salt because you never know if
the reviewers are actual customers or if the complaints have been really exaggerated.
So this first review is marked as being from a verified customer and is a glowing review
of the ING account. It calls out a few great features of the account:
There is Apple Pay, no account fees, no ATM fees anywhere in the world
And Will said he thinks the app is pretty decent as well.
To get $0 ATM fees thing going, you need to deposit at least $1,000 a month
and at least make 5 card purchases that month.
That's how ING can see you using the account.
The bonus interest you earn when you link the ING Savings Maximiser is also only applied
if you meet these conditions
Let’s look at another review, This one is also on ProductReview.com.au.
This one is largely positive but says the
requirements to meet the $0 ATM fees is “a bit rich”.
So yes, it probably wouldn’t suit someone who doesn’t plan to use this as their main account.
This reviewer calls out a couple of things here. One is that the $0 ATM feature might’ve
been a point of difference a few years ago but now the major banks don’t charge you ATM
fees either.
This reviewer has also not had a great customer service experience.
This is a good point to mention right now that ING doesn't have branches.
So if you want to get some help with customer service
you're going to have to call or jump online.
Okay so this comment was posted on Whirlpool and makes a good point about the $0 ATM fees.
While the major banks no longer charge ATM fees either, ING actually rebates you whenever
you are charged an ATM fee instead of giving you guidance on which ATMs to use to not be charged a fee
As the comment points out, this means you’ll still be refunded the $2.50 whether you use your ING card
at an ATM, even the ones in casinos and convenience stores, so that's pretty great.
And w’re up to our last review, which is another positive one. This reviewer refers to himself
as a “typical smashed avo eater millennial”. Haven't we heard that a million times?
He uses ING for all of his online transactions
including overseas card payments.
So, if you are depositing your $1,000 each month and making 5 card purchases every month,
you won’t be charged any overseas transaction fees.
Which is pretty handy if you like to shop online
However the review wasn’t all positive.
Mr. Avo did notice that receiving money from overseas was a bit pricey. Just a heads up, if you are looking
for an account to do regular international transfers, there might be borderless accounts options
that are going to do this much better than this account cause this isn't really what it's designed for
Another big promoter of the account is someone you might have heard of – Scott Pape, otherwise
known as The Barefoot Investor. He recommends the ING account in his bestselling book because
it has no account fees, no ATM fees and charges a real exchange rate
on currencies from overseas. 16 “My ING Everyday debit card. This is
Just remember that this book was updated in 2018, but this is still a low-fee account
and a good one to consider. You should check out all the up to date fees and rates before you apply.
There is a link in our description
So, to wrap up:
This is a bank account with no account fees and comes with a Visa debit card
If you deposit $1,000 per month and make at least 5 card purchases per month,
you’ll get the following: $0 ATM fees all around the world, No foreign transaction fees
and a bonus interest rate if you link the ING Savings Maximiser.
You can find out more about this product and apply for it by clicking on the link below.
Remember, we told you we make money if you do that, but at least now you should know
if the account’s right for you.