Just a head up to others that have just done a few cash out from non atm withdrawal over $200 on register today, realised that the $0.50 bonus no longer come out of the transaction now.
It was suppose to be a good rebate when I shop and Coles or Woolies to withdraw some bonus from shopping but now it ended.
Suggestion for alternate bank to use?
Problem is they still have one of the higher deposit rates albeit only on 100k. Otherwise would have dumped them ages ago.
ING still have value.
ING BANK WORKED FOR RUSSIAN MONEY LAUNDERING NETWORK
DOOR
ANOUK KOOTSTRA KARLIJN KUIJPERS
20-09-20 PAGINA AFDRUKKEN
Over the past decade, ING Bank has carried out billion-dollar transactions for companies from one of the largest Russian money laundering networks ever exposed.
https://www.platform-investico.nl/artikel/ing-bank-worked-fo…
This change was shared with all customers 7 months ago…
https://www.ing.com.au/pdf/Orange_Everyday_Terms_and_Conditi…
Banking benefits changes
Effective 1 December 2021
ING is updating the available Orange Everyday Benefits to:
- introduce a 1% utility bill cashback offer; and
- apply a cap of 5 ATM withdrawal fee rebates (domestic & international) per Orange Everyday account, per month, for customers who meet the Orange Everyday Benefits eligibility criteria.
International fee changes and Cash Out Bonus removal
Effective 1 March 2022, ING is:
- increasing both the ING International ATM Withdrawal fee (from $2.50 to $5) and the ING International Transaction fee (from 2.5% to 3%), and removing the $0.50 Cash Out Bonus for cash withdrawals of $200 or more at point-of-sale terminals.
They threatened to close my account once when I made 4 withdrawals in a row.
i never got such cashback from them in the last 2-3 years i have owned account.
This was removed a while back when they changed the Free ATM limits etc
I still remember the day when i was in uni and they handed out 50c coins promoting this. I walked past them 4 or 5 times collecting their flyers stuck with 50 cent coins. Good days are gone now.
ING is for sure the worst bank I ever had to deal with. And with the most incompetent and arrogant customer care people answering the phones.
Never again!
Value proposition at ING just continues to erode.