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ING Direct online saving account review

Posted in Banking

ING Direct is one of the world’s largest banks, providing banking services in fifty countries around the world. In Australia the bank operates under the name ING Bank fsb, Australia and offers online banking. ING Direct online offers unique choices for the financial needs of customers across the country.

ING Direct offers an Electric Orange Bank Account, which gives customers easy access to their online bank account, without paper cheques. An Orange Bank Account offers high interest rates and online bill payments at no charge. It also has no minimum amount and no fees. CD’s ranging from 6 to 60 months earn high yield interest rates.

Good Points

ING Direct customers can open an online bank account by mail or over the telephone. The company makes banking hassle-free and customers will benefit from high yield accounts and easy access to their cash, without fees. Lowering the high cost of overheads and operations allows ING Direct to provide banking services without the imposition of high fees.

Bad points

ING Direct customers must provide linkage to an existing bank account, with a full service bank, in order to open an Orange Saving Account. This deters some people who fear the company may not protect their regular bank account from thieves or fraud.

Jimmy Comments

If an online bank account appeals to you and you do need to visit the bank to make deposits and withdrawals, then an ING Direct Orange Saving Account is waiting for you.

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One Response to “ING Direct online saving account review”

  1. Weekly Deal Roundup - July 23rd 2008 | JimmysDeals.com Says:

    [...] ING Direct online saving account review [...]

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