$50 Visa Gift Card for Rolling Your Super into ING Direct's New Living Super Product
Last edited 03/04/2013 - 14:32
This is a new Superannuation (NOT SMSF) product from ING Direct and was judged by Money magazine as the cheapest Superannuation fund in Australia.
Complete a rollover by 30 June and they will send you a $50 Visa gift card. It can take up to 6 weeks for your old super fund to process your rollover so you need to move quickly so that the money is already with ING Direct by June 30.
Here are the nuts and bolts of this:
"To be eligible for the $50 Visa gift card you must be either:
a new ING DIRECT Living Super customer that applies for and opens a Living Super account between 1 April and 30 June 2013 and also rolls over super monies from another super fund/s to your Living Super account between 1 April and 30 June 2013; or
an existing ING DIRECT Living Super customer at 31 March 2013 that rolls over super monies from another super fund/s to your existing Living Super account between 1 April and 30 June 2013.The rollover must be credited to your Living Super account balance on or before 30 June 2013 and no withdrawals or rollovers out of the Living Super account can be made during the Offer period. Regular pension payments are not considered withdrawals.
Please note that super funds have 30 days to complete a rollover request and it may take longer if additional information is required. Only one gift card for each eligible customer is available in the Offer .
Universal Gift Cards are issued by Heritage Bank Limited ABN 32 087 652 024 AFSL / Australian Credit Licence 240984. Distribution of the gift card will commence no earlier than 15 July 2013 and will be sent to the mailing address registered to the Living Super account."
I have an SMSF (through esuperfund.com.au) that I manage myself but if I didn't, I would definitely take up this offer. The fee structure is excellent.
None of the above should be construed as financial product advice. I am not a licensed financial adviser and have not taken into account your personal situation or needs.