Everyday round up

Now you can choose to round up to your
savings or home loan account.

The spending game has changed

Say hello to ING everyday round up, an optional tool available through your Orange Everyday account that makes saving or paying down on your home loan easy.

How it works

How it works

>With everyday round up, every eligible card purchase you make is rounded up to the nearest $1 or $5 and the extra amount is shifted from your Orange Everyday to your savings account or to pay down your eligible home loan.

1. Set it up

Everyday round up requires an Orange Everyday account for rounding up your card purchases plus one of the following accounts to round up into: Savings Maximiser, Mortgage Simplifier or Orange Advantage. It's up to you.

2. Switch it on

Round ups can be set at the nearest $1 or $5 which you can switch on in your ING online banking or mobile app.

3. Save while you spend

For example, if you've selected to round up to the nearest $5, we'll debit the card purchase amount of $3.50 to your Orange Everyday and transfer $1.50 from your Orange Everyday to your selected Savings Maximiser, Mortgage Simplifier or Orange Advantage account.

A round up will apply:

When you use your card to make a purchase. This includes transactions made using Visa payWave, Apple Pay and Google Pay.

When you use your card details on file to make an online purchase.

A round up will not be debited if doing so would reduce your Orange Everyday balance below $20

Switch it on

How to switch it on

Orange Everyday customers can switch on Everyday Round Up in just a few clicks.

Here's how:
  1. Open an Orange Everyday account if you currently don't have one
  2. Log in to online banking
  3. Head to Manage accounts > Everyday round up
  4. Select the Orange Everyday account you want to use and the account where you’d like to round up to - your Savings Maximiser, Mortgage Simplifier or Orange Advantage. Choose if you want to round up to the nearest $1 or $5 and then you’re done.
Why round up?

Why round up?

Totally automatic

It's the true set-and-forget approach to saving or paying down your eligible home loan. Just switch it on using your Orange Everyday and watch the round ups go straight to your Savings Maximiser, Mortgage Simplifier or Orange Advantage.

You choose

Everyday round up can be easily switched on or off as you need, with your round ups available to transfer back should you need them.

Instant access

Need money in a hurry? You can access your round up amounts instantly with a funds transfer from your Savings Maximiser, Mortgage Simplifier or Orange Advantage to your Orange Everyday.






Find out how you could save up to $18,000 off a Mortgage Simplifier

Rounding up the small really can help pay down the big - it could be faster and cheaper than you might think.

Switching on Everyday Round Up to the nearest $5 could help you round up $65 to your Mortgage Simplifier each month – which is the average monthly round up amount for ING customers rounding up to the nearest $5.

On a 30 year owner occupier Mortgage Simplifier home loan of $350,000 (with an LVR <80%), rounding up $65 each month over the full term could help pay down a mortgage up to 24 months sooner and save up to $18,000 in interest based on the current variable interest rate and when making minimum P&I repayments.

So what are you waiting for?




Important things to know: This is an example only and the potential benefits from using Everyday Round Up with a Mortgage Simplifier home loan will depend on a range of factors including how much you round up each month and the nature of your home loan with ING. The current variable interest rate for a new owner occupier Mortgage Simplifier home loan (with new to ING security property) of $350,000 with an LVR <80% when making principal & interest repayments is % p.a.. Variable interest rates will likely change over the term of the home loan which will alter the benefits from using Everyday Round Up. The average amount rounded up into a Savings Maximiser from 1 October 2017 to 30 September 2018 was $65 for ING customers using everyday round up to round up card purchases to the nearest $5. The information contained in this example does not constitute financial or tax advice. ING recommends you seek independent financial or taxation advice where appropriate.






Get two birds in one hand with your Orange Advantage

With the introduction of everyday round up for Orange Advantage, you now have access to greater choice. It just depends on you.

Round up

If you choose to round up your Orange Everyday, every card purchase will help to directly reduce your outstanding home loan balance.

Interest offset

If you choose to keep more money in your Orange Everyday offset account, you'll have a higher amount to offset against your loan balance when calculating interest.


Whichever way you choose - round up or interest offset - your funds are still available to use if required.
So you could start paying down your Orange Advantage today while living it up.

What our customers say

What our customers say

“I've never been able to spare a few dollars to save, but this idea has made it so much easier for me as I don't even have to think about it!!! I have already 'saved' over $15 in my first week”


Rhys, NSW

“You don't have to think about it, it is done for you. A great automatic savings plan, that you don't notice happening.”


Kris, NSW

FAQs

Got a question about Orange Everyday?

Chances are, you'll find the answer in our FAQs.

Here are some of the more common questions we get asked:

The best place for your home

Whether you're a first-timer or switcher, we can help you achieve your property goals.

  • Your own home loan specialist will be there to help you every step of the way.
  • Online calculators can help you estimate your borrowing power, repayments and interest offset savings.
  • Low variable and fixed interest rates with split loan options.

Our customers show you how

Let some fellow customers show you the ins and outs

  • An introduction to Everyday Round Up

    An introduction to Everyday Round Up

  • How does Everyday Round Up work?

    How does Everyday Round Up work

  • How do you switch on Everyday Round Up

    How do you switch on Everyday Round Up

  • How does Everyday Round Up work?

    How do you switch on Everyday Round Up on the mobile app