Savings Maximiser

Orange Everyday Benefits will apply for the next month when you meet the following eligibility criteria during the current month:

• deposit at least $1,000 from an external source to any personal ING account in your name (excluding Living Super, Personal Loans and Orange One), and
• also make at least 5 card purchases that are settled (and not at a 'pending status') using your ING debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions).

Orange Everyday customers who hold an ING Home Loan are automatically eligible for Orange Everyday Benefits, and are not required to meet this monthly criteria.

Each month that you’re eligible for the Orange Everyday Benefits, you'll receive the following on your Orange Everyday accounts:

• 1% cashback on eligible utility bill payments (up to $100 per financial year).
• Unlimited rebates on the ING International Transaction Fee; and
• Rebates on the ATM withdrawal fees for the first 5 fee incurring ATM withdrawals (Domestic & International) on the account.

An eligible utility bill payment is a payment made by BPAY or direct debit (BSB and account number) from your Orange Everyday account for a water, gas or electricity bill from an agreed supplier for the Australian residential address of the account holder.

For full terms and conditions, see the Orange Everyday Terms and Conditions, the Everyday Fees and Limits Schedule, Orange Everyday Benefits Schedule and the agreed utility supplier list at ing.com.au.

Orange Everyday Benefits may be changed or withdrawn at any time at ING's sole discretion.

Information and interest rates are current as at the date of publication and are subject to change.

The additional variable rate (that is added to the Savings Maximiser standard variable rate) applies on one nominated Savings Maximiser per customer for the next calendar month when you also hold an Orange Everyday account and in the current calendar month you do the following:

• deposit at least $1,000 from an external source to any personal ING account in your name (excluding Living Super, Personal Loans and Orange One),
• also make at least 5 card purchases that are settled (and not at a 'pending status') using your ING debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions), and
• ensure that the balance of your nominated Savings Maximiser account at the end of the current month is higher than it was at the end of the previous month. When we assess whether you've met this balance growth requirement, interest earned in the current month is not taken into account.

Each customer can nominate a maximum of one Savings Maximiser account (either single or joint) to receive the additional variable rate (where eligible). You can check and change your nominated Savings Maximiser account via online banking or the ING mobile app. If no nomination is made, the additional variable rate (where eligible) will be applied to an account nominated by ING at its sole discretion.

Any amounts above $100,000 are subject to the Savings Maximiser standard variable rate applicable at the time. If you do not satisfy the conditions to receive the additional variable rate, the standard variable rate applies. ING can change or withdraw the additional variable rate at any time. The additional variable rate is not payable in conjunction with any other promotional rate.

$3,000 ING Home Loan Refinance Cashback Promotion

Terms and Conditions

1. The Promoter is ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL and Australian Credit Licence 229823.

2. This $3,000 ING Home Loan Refinance Cashback Promotion ('Promotion') commences on 1 July 2021 and ends on 31 July 2022 ('Promotional Period'), unless extended.

3. All applications for credit are subject to ING's credit approval criteria. Fees and charges apply.

4. Customers who meet the following eligibility requirements will receive $3,000 cashback subject to the terms and conditions of this Promotion ('Eligible Customers'):

a. Customers must be Australian residents aged 18 years or over;

b. Customers must submit an application for a new ING home loan ('new ING Home Loan') within the Promotional Period (the 'Application');

c. The Application must include the refinance of an existing home loan from another lender and be for a total loan amount of at least $500,000. This refinance amount of $500,000 excludes refinances of existing ING loans.

d. The new ING Home Loan must have a loan to value ratio (LVR) of 80% or less;

e. The new ING Home Loan must settle on or before 31 October 2022; and

f. An active ING Orange Everyday transaction account must be held in the same name(s) as the new ING Home Loan at the time that the cashback is paid (which will occur within 70 days after settlement).

5. The Promotion applies in relation to any available ING Home Loan product including Owner Occupier and Investor loans and loans with Principal and Interest and Interest Only repayments.

6. The Promotion is limited to one $3,000 refinance cashback per Application irrespective of the number of:

a. properties or borrowers included on the Application; or

b. loan accounts that are being opened through the refinance.

7. The Promotion is not available in conjunction with any other promotions.

8. Provided these Terms and Conditions are met, Eligible Customers will receive $3,000 cashback transferred electronically into their ING Orange Everyday transaction account within 70 days of settlement.

9. Where an Eligible Customer has more than one Orange Everyday account held in the same names as the new ING Home Loan, ING will determine which account will receive the cashback. The customer cannot nominate an account. The customer will be notified via email after the cashback has been deposited into their account.

10. The $3,000 cashback will not be considered in ING's assessment of whether you could service the new ING Home Loan.

11. ING accepts no responsibility for any tax implications that may arise from the cashback. Eligible customers may need to seek advice from the Australian Tax Office or their own taxation adviser or independent financial adviser.

12. This Promotion is current as at 31 May 2022. ING reserves the right to change or withdraw the Promotion at any time.