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$50 Bonus for Registering Details & Opening "First" Orange Everyday Account @ING Direct

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$50 Bonus for Registering Details & Opening "First" Orange Everyday Account @ING Direct
Go to Deal
abc on 19/03/2014 - 17:14 campaigns.ingdirect.com.au (3020 clicks)
Last edited 29/02/2020 - 10:48 by 3 other users

ING Direct are giving out free money again to new customers.

EDIT: As per a phone conversation with the rep, you are eligible for this promotion as long as it's your first "Orange Everyday Account". You can still apply for this if you're an existing customer as long as you don't have/never had an Orange Everyday Account.

Details

  • To receive the $50 bonus register your details here. Then open an Orange Everyday and deposit at least $2,000 (like your salary) by 16th May 2014. The $50 bonus will come through by the 26th May 2014.
  • 5% rebate on Visa payWave purchases under $100, for 6 months, in Australia. After 6 months this drops to 2%.
  • $0 Monthly Fees
  • No ATM Fees when you withdraw $200 or more in Australia

Important Information

To be eligible for the $50 bonus you must be a new ING DIRECT Orange Everyday customer, register with the same details that you use to apply for your account, apply online and deposit at least $2000 by 16th May 2014. The bonus will be credited to your first account that you open by 26th May 2014. A tax liability may exist with the payment of the bonus. One $50 bonus payment per account (including joint accounts). Cash bonus offer is not available in conjunction with any other promotional offer, is available for a limited time only and ING DIRECT reserves the right to withdraw the offer at any time at its sole discretion. If withdrawn, ING DIRECT will honour all promo codes entered before the offer is withdrawn, provided that you make your deposit of $2000 by 16th May 2014.

Referral Links

Referral: random (378)

Until 30/6/2024, referrer and referee will each receive $75/$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 $75/$100/$125 referral code.

Referee: To qualify, you are required to deposit a minimum $1,000 and make at least 5 (settled) card transactions within any calendar month.

Financial Bank Account Transaction Account

Related Stores

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closed Comments

  • powerhead on 19/03/2014 - 17:30
    -1

    Thanks OP.
    Might sign wife up and use her card for shopping as my 5% rebate expire in a couple of weeks

    • aussiedogga on 19/03/2014 - 18:54
      +1

      If you open a joint account make sure you put your wife as the primary applicant and you as the secondary applicant. That way you will definitely get the 5% rebate

      • powerhead on 19/03/2014 - 19:59

        Wasn't going for a joint account, but rather open just in her name and closing mine. Then 6-8 months later come back as a 'new customer' to get 5% back but reading comments below is making me thinking… Should I bother?

  • gsrt22 on 19/03/2014 - 17:40

    I closed my account 3 months ago. Would I be considered a new customer?

    • cashless on 19/03/2014 - 17:43

      Similar here. Currently have joint acct with partner which has just started paying only 2% rebate. Wonder if I resurrected old acct (in my name only), would it qualify?

    • edgar28 on 19/03/2014 - 18:53

      yeah just wonder about that too. Some banks (or card) has a cooling off period of 6 months

    • aussiedogga on 19/03/2014 - 18:55
      +2

      No, definitely not.

    • aussiedogga on 19/03/2014 - 18:55
      -2

      No, definitely not.

  • tdonovic on 19/03/2014 - 17:42
    -1

    If I sign up after I closed my account a week ago and use the new customer button will it work?

    • creeps_bay on 19/03/2014 - 19:56

      It may not work, they knocked me down saying they have an old a/c under my name so I will receive only 2% :(

      • tdonovic on 19/03/2014 - 22:25

        Any idea if you get the $50? thats what im more concerned about with the ME bank offer now avaliable

  • AnDyStYLe on 19/03/2014 - 18:02
    +1

    Thanks OP, great timing as I was looking at signing up an Orange account for the 5% rebate. Bonus $50 ^_^

  • rambokid on 19/03/2014 - 18:04

    where is the 2% rebate.

    The website says "Earn 2% cash back with deposits". is this the same ??

    so it is an interest on deposit… not a cashback on payments. Do we have to maintain a minimum balance?

    • Gingerbeard on 19/03/2014 - 19:44

      If you are not a new customer, you can get 2% cash back so long as there are $2000 worth of deposits into the account every month. The money doesn't all have to go in at the same time, so the same money (say $200)can go in and out, so you withdraw it and re-deposit multiple times to reach the total of $2000 if you won't have the full value of new money deposited every month.

      • rambokid on 19/03/2014 - 20:37

        Thanks

        Yes I rang Ing and they explained in detail.

  • Ahan on 19/03/2014 - 18:06

    Damn!!

    Only signed up in last week after my 5% cashback finished.

  • MadMaxBargainRoad on 19/03/2014 - 18:07

    Damn, I just opened a joint account last night. Should I call them up and ask for the offer?

  • knackers on 19/03/2014 - 18:16
    +1

    if u don't sign up to this current offer you're a mug

    • spendinghacker on 21/03/2014 - 09:19

      Agreed but only provided you NEVER had an Orange Everyday account before.

      Not many long time ozbargainers would fall into that category ;)

      • muncan on 21/03/2014 - 09:55
        +1

        never say NEVER ginmi ;-)

        • spendinghacker on 21/03/2014 - 10:51

          Ok Muncan. Fair enough. :)

          If you have a 'hack' that would work , let us know as I am very keen to 'milk' ING some more.

          They have been without a doubt my absolute best 'cow' over the years (been 'milking' them since they first came to Australia) but there is never such thing as enough when it comes to a bank…

  • ttkc on 19/03/2014 - 18:27
    -1

    Time to close account, then reopen?

    • m2000 on 19/03/2014 - 18:33

      may not be eligible for the bonus $50?

    • spendinghacker on 21/03/2014 - 09:15

      Nah, will not work.

      ING Direct have cracked down hard on their "new customer only" enforcement method and as I have tested now myself (as well as getting my mum and partner to test it for me), if you ever had an Orange Everyday account with them, they will find you when you apply and will not pay bonus or give the 5% cashback.

      Bummer but that's how it is. Loyalty does not pay :(

  • MadMaxBargainRoad on 19/03/2014 - 18:30
    +1

    Just spoke to a rep and she confirmed that closing and reopening the account doesn't get you $50. You have to be a first time customer.

    • nahi11 on 19/03/2014 - 18:36

      Yup. They will just reopen your previous account - same client/account number. Previously you could do this but I think they fixed the loophole.

      However, it's great if you are a new everyday account customer.

      • f4te on 19/03/2014 - 18:39
        +1

        …or you could change your name ;)

      • PissLUR on 19/03/2014 - 18:39
        +1

        No, they have not.

        • spendinghacker on 21/03/2014 - 09:17

          No, they have not

          Please explain PissLUR. Reckon you can 'milk' another 50 bucks from ING?

          If so, let's hear it ;)

        • muncan on 21/03/2014 - 09:58
          +1

          Show me the money!

        • muncan on 21/03/2014 - 14:18

          Exactly. The second you end up actually speaking to somebody at ING, all bets are off.

        • spendinghacker on 21/03/2014 - 15:05

          Didn't work as per my testing PissLUR.

          My mum opened an account online a few months ago (as a NEW customer. I told her what to click). She had an OE account before that but it was closed for over 6 months.

          She completed the identity check online.

          When ING opened the account, they put it under her old client ID and are only paying her 2% rebate.

          Can you please advise when was the last time this 'hack' worked for either yourself or someone you know personally?

        • PissLUR on 21/03/2014 - 15:10

          I havent really tested it myself, just read cooni's experience.

          shouldn't the account be opened automatically after online identity verification?

        • spendinghacker on 21/03/2014 - 21:40

          Yes, I think the system identifies automatically. Probably using the TFN.

          I guess it means you could potentially get away with more 'milking' if you don't quote your TFN.

        • PissLUR on 22/03/2014 - 00:58

          there could be other parameters such as mobile phone number, dob, etc

  • frewer on 19/03/2014 - 18:33

    if i withdraw an amount of less than #200 i will be charge with a fee ?
    Edit: which ATM i can withdraw the cash from ?

    • f4te on 19/03/2014 - 18:40

      Yes you will be charged a fee at the discretion of the ATM operator. You can withdraw cash from any ATM.

    • Gingerbeard on 19/03/2014 - 20:07

      I think you can get any amount you want for free using eftpos (you can do it at woolies checkout with no purchase). If you get $200 out using eftpos you get a $0.50 rebate paid into your account.

  • scopmes on 19/03/2014 - 18:52
    +1

    do i need to keep the $2000 till the end of the period 16th may or just put the money and move it after couple of days.

    • Gingerbeard on 19/03/2014 - 19:59

      I think it is just a total of $2000 of deposits before the period ends, so it could be you weekly pay or something that builds to $2000 over more than one deposit. This is a spending account after all.

  • easternculture on 19/03/2014 - 19:09

    i have a saving maximiser with ING.

    can i still apply for this an get $50 as i dont have an orange everyday account ?

    • alterego13 on 19/03/2014 - 19:22

      Would like to know as well.

    • Gingerbeard on 19/03/2014 - 19:29

      Unlikely, you need to go through the linked page and say you are a new customer to ING.

      • regenade on 19/03/2014 - 20:09

        You need to be a new ING Everyday Account customer, I had called up ING and confirmed giving her my client ID for my Savings Maximizer. If I dont get my $50 I will have this noted call for reference.

        • easternculture on 19/03/2014 - 20:32
          +1

          Yep confirmed by phone call. You have to be a new account holder for a Orange everyday account.

        • regenade on 19/03/2014 - 21:59

          Awesome , I am with you on this, I feel so secure. You will not let them out so easily if we dont get the $50 Cash back. I was also told that the cashback will land in 10 days into my account.

  • nubzy on 19/03/2014 - 19:12
    +2

    dont have the $2000 to deposit :(

    • easternculture on 19/03/2014 - 19:34
      +4

      im a loan shark :D .

      Can lend you $2000 @ 30% interest per week .. hehe

      • tg on 19/03/2014 - 19:57
        +4

        I am interested.
        Please PM me the details.

        • easternculture on 19/03/2014 - 20:39
          +2

          Late payment fee is "One finger Chopped off" per week

          Still interested :D

        • trams on 19/03/2014 - 22:32
          +1

          So after all fingers chopped then we are even. Bargain!!

        • yjm on 19/03/2014 - 23:13
          +1

          Awesome deal!

          Hell yes, sign me up please.

      • edgar28 on 19/03/2014 - 21:57

        with this rate, other load shark will loan from u…….

        • easternculture on 19/03/2014 - 22:09
          +1

          *terms and conditions apply

          Enjoy an introductory rate of 30% for your first 2 weeks. After the initial 2 weeks, rate will revert back to 150% per week

      • muncan on 19/03/2014 - 22:14

        How would YOU generate $2,000 per month?

        The answer has been staring us in the face all this time…
        EC, I've got this friend see, who wears a shady cloak, who needs me to earn him $2,000/month. Can you help us out?
        There's a lot of fingers to be had.

    • Gingerbeard on 19/03/2014 - 19:39

      If you have $200 you can:

      deposit it,
      withdraw it all at the same time through any ATM for free,
      and then deposit it again,

      Make sure you go through the cycle 10 times so you have made $2000 of deposits before the due date. If you have less than $200 spare (feeling for you if this is the case) check the rules for eftpos as I think they might be free withdrawals (so you can do it at the checkout at woolies without a purchase). Do the same thing cycling through cash out and deposit until you have made the $2000 deposit threshold.

      You could also move the money with online bank transfers backwards and forwards between ING and another bank.

    • muncan on 19/03/2014 - 19:46
      +5

      Back in my day, we didn't have to deposit $2000
      http://i.imgur.com/6WGqs.jpg

      • tg on 19/03/2014 - 19:56
        +2

        The games are getting harder to play each time.

  • thydzik on 19/03/2014 - 20:23

    anyone else not getting sms code?

    possibly number linked to another previous account.

    • thydzik on 20/03/2014 - 11:05

      turns out it was my phone.

  • JetBombat on 19/03/2014 - 20:32
    +7

    Hey ING Direct, I will give you a $50 if you would beat every other savings account rate for the next year, like me on facebook, deposit $2000 into my account so I can make interest of it and give me your CEO personal details. How’s that for a deal?

    Hang on the line, let me create a OZB deal for that!

    • BlueElephant on 20/03/2014 - 21:24
      +1

      This. How we take all these from corporations with a grin, while sounds ridiculous the other way.

  • sintro on 19/03/2014 - 22:14

    It doesn't actually say the start date for opening the OE account or the start date for the promotion.

  • CMichael on 19/03/2014 - 22:51

    Good stuff! Signed both myself and the woman up!

    • spendinghacker on 21/03/2014 - 09:25

      Hope you did that as two separate accounts and not a joint account.

      $50 times two is better than times one ;)

      • CMichael on 27/03/2014 - 13:45

        Of course! ;)

        • muncan on 27/03/2014 - 20:26

          Um, don't forget to sign up again as joint account holders.

        • powerhead on 27/03/2014 - 20:37

          doubt it would work as per numerous comments above, would be good if someone tried tho

        • CMichael on 27/03/2014 - 22:52

          I don't think it would work opening 1 account each, then 1 joint?

  • NotAMoodle on 19/03/2014 - 23:00

    What about this.

    If you have a friend who is a merchant who uses Paywave (or you are in fact a merchant and have it linked to another account)could you, in theory, do a $100 purchase of something, get the merchant to give you the $100 back, deposit the $100 back into ING account then do another $100 paywave, then get the $100 back and go on and on and on making 5% each time for the first 6 months?

    Just a thought, I'm sure the theory is flawed somehow….

    • DealzEddy123 on 19/03/2014 - 23:17

      possibly. your merchant friend would be having to pay a small percentage merchant fee to visa as well though

      • JetBombat on 23/03/2014 - 19:07

        and tax on every "sale"

    • muncan on 19/03/2014 - 23:17

      Keep it under $100 to get the rebates

      New Orange Everyday customers get 5% cash back on Visa payWave purchases under $100 in Australia, for the first 6 months.

      • NotAMoodle on 19/03/2014 - 23:47

        My bad. $99.99 then

    • t25 on 19/03/2014 - 23:29

      even better. every hour, keep aside those cash sales, and chuck them on paywave.

      in effect you get 5% cashback on "withdrawing" cash. :D

    • Gingerbeard on 19/03/2014 - 23:59

      there is a thread about people who have received calls from ING or had there account put on hold for multiple purchases on the same day at the same retailer adding to more than $100.

      https://www.ozbargain.com.au/node/118056

      • NotAMoodle on 20/03/2014 - 00:05

        Oh, well lets imagine ING's software now doesn't pick this up anymore…. Imagine.

    • NotAMoodle on 20/03/2014 - 00:03

      Here's the fee's as an example - http://imgur.com/XKBflPa

      Lets say you choose the monthly $150 plan with $12000 turnover per month. That's roughly 120 transactions you could Paywave per month. 5% of this is around $600 cash back per month which gets you $450 profit per month.

      If you go over your $12000 per month limit you only get charged 1.5%, so you will still be making 3.5% per transactions I guess.

      I'm sure ING would cotton on to whats happening pretty quickly depending on how robust their software engineers designed the system.

      Or they might read this post, who knows.

    • PissLUR on 20/03/2014 - 00:21
      +1

      dont even need to do that.

      go to bunnings or masters, buy something under $100.
      get a refund the next day to your savings account.

      repeat this as many times as you wish.

      • jm48 on 20/03/2014 - 12:51

        "get a refund the next day"
        After you have used it to do that little job, then repackaged it :)

        • jm48 on 21/03/2014 - 10:27

          Just a joke, but not funny.
          I would never do that to a fellow customer.

        • bigblackbenny on 29/03/2014 - 19:33

          still a downvote in my book

  • pbvillaflores on 20/03/2014 - 07:32

    Is a joint account - me and wife, considered a new account if we've had separate single accounts only before?

    • JetBombat on 20/03/2014 - 19:54

      must be a new ING DIRECT Orange Everyday customer

    • grover77 on 20/03/2014 - 21:00

      in previous instances, I think this would work, but now it seems they must have tightened things up. I was motivated by this deal to open up an individual account to get another 6 months at 5% and hopeful for the $50 (current joint account reaching expiry) but seems to be showing only 2% for the rebate on the newaccount :o(

  • oak on 20/03/2014 - 13:51

    Any idea how long we have to leave the money in? Ie, Can we transfer in $2000, then transfer it out the next day?

    • muncan on 20/03/2014 - 13:59

      Transfer it out the same day it's received. Wouldn't want to be earning any interest, yikes.

      • oak on 20/03/2014 - 14:16

        I save more interest in an offset account than I can gain - plus 'interest saved' isn't taxed.

        • muncan on 20/03/2014 - 14:25

          I agree with you. Get it out, get it out!
          (note that the bonuses are taxable)

  • tc4101 on 21/03/2014 - 01:16

    5% rebate on Visa payWave purchases under $100

    What is thus 5% rebate?

    So buy petrol worth $100, u only pay $95??

  • super-tight on 21/03/2014 - 18:33

    I was told I am not eligible for the bonus cash by a phone rep

    I opened my first and only orange everyday account with them, in January.

    Reason I was given is that: Offer is only available for those who signed up after 17/03/2014 (date when offer started) and since I signed up much earlier - "$50 Cash bonus offer is not available in conjunction with any other promotional offer"(5% cashbank on paywave offerin my case)

    I signed up with the deal site anyway. might find out on 26th May I guess if it paid out or not.

  • thydzik on 23/03/2014 - 18:25

    transferred the money in and out my account, lets see if it works.

    • yjm on 25/03/2014 - 23:39
      +1

      Let us know how you go. Did you keep the money in your account overnight?

      • txb on 30/03/2014 - 12:09

        Hi,

        I sent a message to ING via the online banking part. I got a reply saying as long as ive made a deposit of at least $2k then its fine. It does not need to stay in the account.

  • Hoju on 02/04/2014 - 19:41

    Does anyone know how/when the paywave 5% cashback is given? I've made a few purchases but to date they are just appearing online as normal statements.

    • muncan on 02/04/2014 - 20:04
      +1

      The rebates should appear the moment your payments clear (usually 2 days).
      If they don't, best to send them a message.

      • Hoju on 02/04/2014 - 20:08

        Thanks for the reply. Oddly enough it didn't show when the transactions initially appeared, but now the 'Wave and Save rebate' is there :)
        Absolutely stoked to be saving 5% on just about everything. I'm someone who really counts the pennies so to save $2 here and there is pretty exciting :)

        • muncan on 02/04/2014 - 20:48

          If you're anything like me and keep minimal funds in your ING cashback account, be sure to download their awesome app to quickly check your balance without logging in & stay abreast of all your rebates. Just checked our rebate total and we've got back over $350 since last rebooting the account. (wow that's $7000 laundered!)

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