Have you ever heard the saying: “It takes money to make money” ?

Well, we disagree! You can get money for nothing!

The offer presented here will see you get paid $50 cold hard CASH without having to spend any Money!

Provided you are not an existing ING Direct client, all you need to do is open a Savings Maximiser account with ING Direct and deposit at least $100 of your own money into it for two weeks. This needs to be done by 15/09/2026 and must be done by following this link only and entering the promo code BONUS (all caps is a MUST) in the appropriate field.

The account itself is completely fee-free and on top of the $50 you will get, you will also enjoy a 4.75% p.a interest rate on your savings (up to $250,000 but no need to be pedantic (-; ) for the first 4 months from the day the account is opened. This is currently the highest rate available on ‘at-call’ savings in Australia.

After you’ve opened the Savings Maximiser (and only after, this is important), you might also want to open an “Orange Everyday” transaction account with ING.

The reason for that is that ING currently offers anyone who doesn’t already have a transaction account with them an instant 5% cash rebate on any in-store purchase they make using their ING Direct Visa debit card. The purchase must be for an amount of less than $100 and must be completed using the Visa Paywave facility available at many Australian retailers (including major ones like Woolies, Coles, Kmart, Target, Big W and JB Hifi). Australia Post outlets also all have PayWave terminals which means you will be able to get the instant 5% cash rebate when you pay many of your everyday bills in-store at an Australia Post outlet using the PostBillPay facility supported by most major billers.

There is just one ‘catch’ though:
The rebate is offered only for the first 6 months from the day your account is opened and the promotion is stated on their website to be for “a limited time only” which means ING Direct might pull it down at any point.
Therefore, we suggest you act sooner rather than later.

The account can be opened online and if the electronic ID doesn’t work out for you, you will need to complete the ID check at an Australia Post outlet.

After the first 6 months are up, you will still enjoy the PayWave rebate but it will be only 2% and will also be conditional upon you depositing at least $2,000 to one of your personal transaction or savings accounts with ING.

The Orange Everyday transaction account is pretty good as far as the fees and charges (no monthly fee, no minimum balance required and no fees on most electronic and paper transactions) but cannot be considered the BEST in Australia due to the fact ING Direct charges you for overseas purchases (2.5% of the transaction amount) and overseas cash withdrawals ($2.50 per withdrawal plus 2.5% of the withdrawal amount) as well as the fact that ING Direct doesn’t have any of its own ATMs which means you will pay an ATM operator fee every time you withdraw less than $200 at an ATM in Australia.

You can avoid the ATM operator fee when withdrawing less than $200 by getting cash out at any Woolies, Coles, Target and Kmart store or at any Australia Post outlet. There are no fees involved and no purchase is required.

But what about if I’m already an ING Direct customer?

Well, ‘officially’ you are not eligible for any of these two promotions as they are for “new customers” ONLY.

As we explained in one of our previous posts, for most companies nowadays it is all about attracting new customers.
Once they have you, they just take you for granted and couldn’t care less about you.

ING Direct is no different hence why both of these offers are open to new customers only.

However, given we are the Spending Hackers, we have a hack for those of you who are already with ING but still want (and rightfully so, we might add) to get their hands on these ‘goodies’ reserved for new customers only.

We will show you how to be ‘reincarnated’ as a ‘new’ customer with ING. This method has been tested and has proven to work.
Otherwise, we would not have wasted your time presenting you with it.

Well, the way you do it is you simply apply as a new customer when filling out the application form:

This will see you end up with a different client ID than what you currently have as you will have to undergo the ID verification process once more.

So now this new client ID you are given at the end of the application process for the Savings Maximiser account, means that for this client ID, you are a brand new customer as far as ING Direct are concerned and therefore eligible for all the promotions described earlier.

Now, obviously this is a bit cheeky and not something that is sanctioned by ING Direct. However, it works and on that we are certain 100%.

Now it is up to you to decide whether or not you want to employ this ‘hack’ and whether you have a moral issue with taking money from a bank 😉 .

We will leave each one of you to do their own ‘moral deliberations’.

If you have any questions, just put them in the comments box below and we will get back to you quicksmart.

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