A Better Deal From A Bank

ING Direct Orange EverydayThis blog post is completely off topic… but I hope you’ll indulge me as I think it will benefit many people.

Are you sick of being ripped off by the banks? Then read on.

I was a Commonwealth Bank customer for 25 years. I don’t know why I didn’t question what they did for me before, but when I was checking my online savings account one day, I realised it only paid me 0.8% interest. Well below the rate of inflation!

I rang them and asked them what their best offer on interest was. Sadly, even after being a customer for 25 years, their best offer for a savings account was still below the rate of inflation. So my money would still be going backwards.

I did some research, dumped the Commonwealth Bank and switched to ING Direct. Here is what they offer, it’s actually pretty amazing. NOTE: To get these benefits, all you have to do is get your pay put into the account, so that you are depositing at least $1,000 per month into the account. You don’t have to keep the $1,000 in there (ie. you can withdraw it again), you just have to deposit at least that much per month. If you do, you’ll get these benefits:

  1. 3% interest in the online savings account – that’s pretty much the highest rate going at the moment (12 April 2017)
  2. No ATM fees whatsoever. You can use any ATM in the country, and ING will reimburse all ATM fees incurred
  3. No other fees
  4. $100 bonus! Have you ever heard of a bank giving you $100 just for opening an account?

To open an account, and get the bonus, you need to sign up through this link: https://www.campaigns.ingdirect.com.au/bonus100?code=ESA175.

C’mon Australia, it’s time we got a better deal from our billion dollar profit banks!

 

Next Generation Youth

About Next Generation Youth

Graeme is a registered Jeunesse distributor in Australia, focussing on retail sales in particular.

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