ING DIRECT pays customers to bank

ING DIRECT has launched Orange Everyday, a new transaction account that is not only fee-free, but will instantly reimburse any related ATM owner fees for withdrawals of $200 or more.

ING DIRECT will also pay its customers 50 cents each time they use EFTPOS to make a cash withdrawal of $200 or more.

“Our message to customers is simple, use EFTPOS where possible to get cash out and use ATMs for withdrawals of $200 or more,” ING DIRECT CEO Don Koch said.

“Orange Everyday is an account that cuts to the heart of customer dissatisfaction about bank fees, while offering the benefits of a full-service bank with a physical presence.” Mr Koch said.

Among other features, Orange Everyday offers NO monthly everyday banking fees, with NO catches, NO dishonour fees, NO ATM fees (for withdrawals of $200 or more).

The new account allows ING DIRECT customers to carry out transactions such as cheque deposits at 3,300 Australia Post outlets nationally – with NO fees charged.