HSBC & ING Direct accounts give cash back
In June, HSBC launched its Day to Day Account, which has no account-keeping fees and a $10 monthly “feebate” for customers who deposit at least $2000 into their account every month.
ING Direct also uses rebates to attract business. The bank puts 50¢ into an Orange Everyday customer account each time the customer takes out more than $200 in cash during a debit transaction.
HSBC Australia has launched a 24-hour foreign exchange pricing and trading service online or via mobile for retail customers, which its head of savings and investments, Michael Danby, says in combination with instant transfers, is a first for the Australian retail banking market.
Source: Sydney Morning Herald