• expired
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Increase Your ING Savings Maximiser Balance by $100 by Oct 31 and Get $50 @ ING

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Saw this pop up in my app briefly and it seems like easy money?

Looks to be the same deal from June. Likely targeted at those who haven’t had much activity in their Savings Maximiser account (mine has been sitting with ~$5 in it for the last 6 months or so)

T&Cs:

Savings Maximiser $50 savings bonus offer
This offer is available for a limited time only and is not applicable in conjunction with any other promotional offer unless expressly indicated. The offer applies in respect of the original recipient of this email only.
If your Savings Maximiser at the end of the month is at least $100+ higher than the beginning of the month, ING will make a payment of $50 to your Savings Maximiser account by the end of the following month. Where you hold more than one Savings Maximiser account, there is a maximum of one $50 payment per person and the $50 payment will be made to the Savings Maximiser account with the highest balance. Where you hold a Savings Maximiser account jointly with another account holder, there is a maximum of one $50 payment per account.
The cashback offer may have tax implications. You should seek independent tax advice.

Referral Links

Referral: random (574)

Until 30/11/2024, referrer and referee will each receive $100/$125 for opening new Orange Everyday & Saving Maximiser Accounts.

Referrer: Do not participate in the referral system if you do not have a current $100/$125 referral code.

Referee: To qualify, you are required to deposit a minimum $1,000 from an external source into the new Orange Everyday account, deposit any amount into the a Savings Maximiser Account, and make at least 5 (settled) card transactions within any calendar month with the new Orange Everyday card.

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Comments

  • +8

    Had to stop using ING, removed all the benfits i signed up for :3

    • +1

      same… macquarie so much better

      • +2

        What are Macquarie doing better?

        • +1

          None of these hurdles. You add the money to the savings account and you get the interest.

          No 5 transactions, minimum 1000 deposit per month and the worst one being increasing your savings balance month on month. F that

          • +1

            @starbearer: So true. Luckily I have a home loan with them so don't have that issue. But, yeah, tbh I'd give up on them if I had to meet those requirements.

            • +1

              @JamesLucas: The 0.5% extra interest they offer, compared to macq, is just not worth it for the hoops they want you to jump through

    • Same here. Just disentangling myself at the moment. All set for 1/11 to transfer out all the savings maximiser. The hoops you have to jump through are bad enough but then when you realise if you ever need any of your money out of the maximiser the penalty is massive. I’ve already opened the two Macquarie accounts. Oh, and they are so slippery with foreign exchange and using ATMs overseas.

  • +1

    HODLing $100 for a month seems so difficult for me but will try 😅

  • +1

    Never get that offer, they know they’ll have to pay me is why…

  • Is it people who actively use their accounts that only get these offers? I've never seen one once, and don't really get any emails at all. But only really transfer in $1 now and then to keep the accounts active.

    • I put 1k a month into my account and that’s my spending money. So use it very frequently, never had the offer show for me, usually just the referral thing…

      • It seems random then. It would make sense to do it as an incentive for people to actually use their accounts and not let them sit idle like I do, Seems a mystery.

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