ING Orange Everyday transaction account
This ING bank account allows you to use any ATM for free and pay no international transaction fees when you deposit at least $1,000 per month and make 5+ card purchases a month.
The ING Orange Everyday transaction account is a daily bank account with no account keeping fees and no ATM fees in Australia. Plus if you meet the account conditions, you’ll pay no international transaction fees and get all international ATM fees refunded back into your account.
Account keeping fee
ATM withdrawal fee
Overseas ATM withdrawal fee
Overseas transaction fee
of transaction value
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
The ING Orange Everyday Transaction Account is ideal for both day-to-day use in Australia and also overseas. ING was one of the first banks to offer free ATM withdrawals at any ATM in Australia. And if you deposit $1000 per month and make 5+ card purchases a month, you’ll also have international ATM withdrawal fees refunded back into your account and pay no international transaction fees.
These perks make this account a great travel money option. Just make sure you can meet the monthly deposit requirement, if you can’t you’ll be charged an international transaction fee of 2.5% on each purchase overseas (and online from overseas sites!).
ING's Everyday Round Up tool means you can opt in to having your transactions rounded up with the remaining digital change added to your linked ING savings account. This is a helpful feature to help you save money without thinking about it.
$0 Monthly account keeping fee
There are no fees when you bank using this everyday account from ING.
Linked Visa Debit Card
You're issued a free Visa Debit Card to make purchases in stores, online and over the phone wherever Visa is accepted. There's no fees for transactions made in Australia. You can access all ATMs globally for free when the account conditions are met (more details on this below).
Apple Pay and Google Pay available
You can use Apple Pay and Google Pay with your ING Orange Everyday account, to make secure contactless payments with your smartphone, watch or wearable device. To set it up, open the Apple Pay or Google Pay wallet app on your phone and select the plus (+) sign. Then follow the prompts to add your ING debit card.
You can take advantage of BPAY, Pay Anyone, EFTPOS, PayID and Bank@Post transactions for free. There are also no dishonour fees.
Contactless payments with Android Pay
Google's Android Pay is now available for customers with a compatible Android device and the Orange Everyday debit card, allowing customers to make contactless payments for everyday items.
$0 ATM withdrawals from any ATM in Australia and overseas if you deposit $1,000 per month and make 5+ card purchases a month
Withdrawals can be made for free from any ATM in Australia or overseas, regardless of the bank, so long as you deposit your pay of $1,000 monthly and make 5+ card purchases a month. When you withdraw money from an ATM in Australia, ING will rebate the fee back into your account, as long as you meet the conditions above. When using international ATMs, ING will waive the withdrawal fee if you meet the account conditions. Plus, ING will also rebate any fees charged by the international ATM operator back into your account.
Pay no international transaction fees
If you make an international purchase that involves converting currency to the Australian dollar (such as online shopping from overseas retailers), you won't be charged any international transaction fees so long as you deposit your pay of $1,000 monthly and make 5+ card purchases a month.
Secure chip technology
The Orange Everyday has a security chip which gives you extra security by making it hard for criminals to get access to your details. The Visa Zero Liability policy means whenever you press 'credit' when making a purchase at a store or over the telephone, or use payWave, you're not held responsible for fraudulent charges.
It's worth nothing that ING is an online bank and therefore, doesn't have any branches. However, you have round the clock access to your account through the ING online banking portal, via ING's mobile app, ATM access with your Visa debit card along with phone banking with ING's 24/7 customer call centre.
What if I want to deposit cheques or cash into my account?
You can take advantage of Bank@Post outlets – these are Australia Post offices equipped with the facilities of a bank, so you can deposit your cheque or cash directly into your ING account for free.
Bonus interest on savings up to 1.35% p.a. when you link with a ING Savings Maximiser
Earn 1.35% p.a. on your ING Savings Maximiser balance when you link to an ING Orange Everyday account and meet the following criteria each month: deposit at least $1,000; make 5+ card purchases; and grow your Savings Maximiser balance (excluding interest earned). You can compare other ING products here.
How to apply
ING allows applicants to complete their application form online. Click on 'go to site' if you have decided that this is the everyday account that meets your needs.
First you are going to want to make sure that you are able to meet the following eligibility requirements:
- How old are you? You must be at least 18 years of age or older to open an Orange Everyday Account from ING.
- Where do you live? Only Australian permanent residents or citizens with a verifiable physical address in Australia will be considered for this account.
- Do you have a mobile phone number? ING requests a mobile phone number when you are completing the application.
If you meet these terms then you can proceed to the application page, having the following documentation ready to help with completing it quickly:
- Your identifying documents. You are going to need at least two forms of identification in order for your application to be processed. This could include a driver's licence, passport, birth certificate or Medicare card. ING will use these to verify your identity electronically, but if unable to do so, will ask that you continue with this step in person at your local Australian Post Office.
- Your account number. If you are already an ING customer, have your account details ready.
- Your email address. You will need to supply ING with a valid email address so that they may communicate with you about your account.
What happens after I submit my application?
The online application form is short, and should only take five to ten minutes to complete. Once done you can submit it to ING where your identity will be verified and an account opened in your name. Within two to five business days afterwards, you will receive your Visa debit card in your mailbox. You can then link your accounts and set up direct pay into your new everyday account to ensure you meet the $1,000 monthly deposit requirement and make 5+ card purchases a month.
How do I activate my card?
Once you've received your debit card in the mail, sign the back of your card and log in through the official ING website. Go to "My Account Details" and click "Activate Card" and follow the prompts.
What if I'm not an Australian resident?
It's recommended that you get in touch with ING to discuss your options.