ING Transaction Accounts

ING is a provider of transaction accounts, as well as other banking solutions such as home loans, personal loans, credit cards and insurance.

Compare ING transaction accounts 

Considering a transaction account from ING? The table below displays a snapshot of ING transaction accounts on Canstar’s database, sorted by Star Rating. These results are based on a person in NSW with an average of 35 transactions per month.  

Click here to compare more products based on your circumstances.

What transaction accounts does ING offer?

ING offers 1 transaction account at the time of writing:

Orange Everyday Account

Featuring free ATM use across the globe, including online purchases and ING’s highest variable rate when you deposit $1,000 or more per month with no monthly fees.

You can view the current Star Ratings and fees on ING transaction accounts in our comparison tables.

Does ING also offer savings accounts?

Yes, ING does offer savings accounts in addition to its transaction accounts – The Savings Maximiser and the Savings Accelerator.

In order to get more out of a savings account with ING, you may need to link it with your transaction account. You do not, however, need to have a savings account with ING in order to use its everyday transaction account.

Considering a savings account from ING? The table below displays a snapshot of ING savings accounts on Canstar’s database, sorted by Star Rating. These results are based on a regular saver in NSW with $10,000 in current savings.

Click here to compare more savings accounts based on your circumstances and preferences. To see the definition of a regular saver and other profiles used in Canstar’s Star Ratings, view Canstar’s savings account methodology here.

Does ING charge fees on its transaction accounts?

Transaction accounts can come with several fees, such as monthly account-keeping fees, transaction fees, withdrawal fees and more. ING charges no fees on its transaction accounts at the time of writing (17/07/18).

What does ING offer in terms of mobile banking for its transaction accounts?

ING offers both online and mobile banking for its transaction account products, with its app available in both the Apple and Google store. Notable features of ING’s mobile banking include:

  • Search through your transaction history using keywords
  • Report a lost or stolen Orange Everyday card
  • You can now ask Siri, ‘what’s my balance?’
  • Round up eligible Orange Everyday card purchases and save the difference
  • Add your ING Visa debit and credit cards instantly from the app

How to apply for an ING transaction account

Before applying for an ING transaction account, try to first compare it against others on the market to ensure it is the right one for you. You can then apply for an ING account online, provided you have the correct documentation:

  • At least one form of ID, such as your driver’s license or passport
  • Accurate personal information, such as your name, date of birth, address and phone number

Once your account is opened, ING may require you to transfer in a minimum amount before your account can be activated – check the PDS document for more information on how much you might need to deposit.

Related article: How to change bank accounts

Eligibility requirements

Before applying for an ING transaction account, you will also have to meet the following eligibility requirements:

  • You must be 18 years of age or older
  • You must be an Australian resident for taxation purposes
  • You must have an Australian mobile phone number and an email address

What other banking products does ING provide?

ING provides a variety of different products to consumers, including:

  • Home Loans
  • Personal Loans
  • Home and Contents Insurance

About ING

ING Direct was founded in 1999 as a subsidiary of the Dutch multinational bank, ING Group. Australia’s first direct bank, ING Direct, is the largest mortgage lender that isn’t one of the Big 4 banks.

Today, ING Direct has over 1.5 million customers and more than 475,000 home loans. As a direct bank, ING Direct has no branches, operating primarily via phone and online banking. It is headquartered in Sydney.

ING Direct suports the Australian community through Dreamstarter, a crowd-funding initiative that has empowered over 60 social impact projects with over $1 million in support.

Written by: Maddie Clarey | Last updated: August 23, 2018