ING Direct Savings Account Review

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3.2 stars
Average rating for this product is: 3.2 out of 5

From 2 ratings and 13 reviews

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bobbinus's Review of ING Direct Savings Account

29th Oct 2008

Overall Rating

5 stars
  • Value for money
    5 stars
  • Type Of Account
    Regular Savings
Good Points

The best points are the extremely competitive interest rates and sheer simplicity of the interface.


Bad Points

None the so far in my experience.


General Comments

Quite simply, you would be mad to have your money in any of Australia's major banks "savings accounts". The interest on the ING savings account beats most term deposits, but leaves you with 24 hour delayed access to your funds. The Internet banking is very intuitive in terms of being able to monitor your balance, and the interest you have earned. I also established a Bank West Telnet savings account at the same time, because it has a marginally higher rate of interest, although I would say the downside with this account is that the Internet banking is not quite as intuitive.

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