ING Overseas Fee Waiver

E5TOQUE on 10/11/2017 - 07:00

ING Overseas Fee Waiver.

  • Overseas ATM Fees waived
  • International Transaction Fees waived
  • Currency conversion Fee waived

Dates and conditions:

10/11/2017 till March 2018
You must deposit $1000 to be eligible.

March 2018 onwards:
You must deposit $1000 + 5 transactions on your Orange One or Orange Everyday each month.

See here:
https://www.ing.com.au/faq-result.html?faqid=7192

Looks like Macquarie Bank have been served now.

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closed Comments

  • tinnybastard on 10/11/2017 - 07:32

    Great offer. Still a lot more hassle than just using a Citibank Plus Everyday account when traveling.

    • E5TOQUE on 10/11/2017 - 07:47

      Agreed Citibank is still the better offer overall. No hassle. Just works. And from my personal experience they have good customer service.

    • nubix on 10/11/2017 - 10:06

      This is every atm worldwide though, don't need to hunt for a citibank.

  • Edsanwong on 10/11/2017 - 07:41

    Hows ING exchange rate? as good as 28 Degrees?
    Does it mean we can draw local currency when we overseas?

  • E5TOQUE on 10/11/2017 - 07:46

    It looks like they are trying to match what Macquarie Banks offer is.

    They give and take some.

    • Macquarie force you to have $25,000+ in savings to get decent interest on your savings.

    • ING force you to make 5 transactions a month on the card to get no international fees and deposit $1000.

    • rambutann on 10/11/2017 - 08:10
      +1

      I find these restrictions too much of a hassle. I generally don't even use my debit card 5 times a month.. And given the fact that most ATM's are now fee free it doesn't seem to be worth it.

  • wombat1955 on 10/11/2017 - 08:16
    +2

    You will also have to make 5 card transactions per month if you want the bonus interest on your Savings Maximiser account. Easy enough to do, but I pay for 99% of my stuff by credit card to earn frequent flyer points. If I'm forced to make card transactions, ME Bank looks a better option at the moment.

    ING Savings Maximiser- Interest rate 1.35% plus 1.45% bonus = 2.8%

    • $1000+ deposit required every month into Orange Every Day Account
    • 5 card purchases per month (from March 2018)
    • Bonus interest paid on amounts up to $100K

    ME Bank - Interest rate 1.30% plus 1.65% bonus = 2.95%

    • No minimum deposit required
    • One tap & go purchase per week
    • Bonus interest paid on amounts up to $250K
    • EDIflyer on 10/11/2017 - 09:41

      Yeah - very disappointed with this element of it - really annoying to have to remember to make 5 Tx a month on this card. Any good deals that don't have same sort of requirement? (ME Bank looks similar with a tap & go reqd each week)

  • Moderatorscotty on 10/11/2017 - 10:11

    It has been posted as a deal. For all the overseas feed waiving related discussions, please use the deal post.

    For discussions on new conditions from March 2018, please use this forum post.

    Thread closed.

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