based on 4803 ING product reviews as rated by Mozo community

ING term deposits

ING is part of the ING Group, one of the world's largest financial institutions, but it isn't like other banks. ING pioneered branch-less banking in Australia, getting rid of branches and passing on the savings to customers in the form of better rates and lower fees. From high interest savings accounts and term deposits to low rate home loans, ING aims to keep your banking simple.

ING offers the following term deposits

Rates and fees verified as correct at 10 December 2023. Other information correct at the time of writing. Advertiser disclosure.
Product Best rate (up to 1 year) Minimum Deposit Interest paid to another bank?
Term Deposit

5.30% p.a.1 year ($10,000 to $5,000,000)

$10,000.00

yes

How are ING term deposits rated?

Mozo users have rated ING term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

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ING term deposits
Overall
Price
Features
Customer service
Convenience
Trust

234 Reviews

Recent ING term deposit reviews

ING Term Deposit
Overall 8/10
High interest rates

Good bank and interest rates

Read full review

Good bank and interest rates

Price
9/10
Features
9/10
Customer service
9/10
Convenience
8/10
Trust
9/10
Less
Ebrahim, Queensland, reviewed 4 months ago
ING Term Deposit
Overall 10/10
Great staff to deal with at call centre

Great service . Phone wait times are manageable and they now have 24/7 call centres Staff are always helpful and easy to talk to

Read full review

Great service . Phone wait times are manageable and they now have 24/7 call centres Staff are always helpful and easy to talk to

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Sue, South Australia, reviewed 5 months ago
ING Term Deposit
Overall 9/10
To easy.

I choose ING for my Term deposit/Savings accounts for less fees & that's Logic.

Read full review

I choose ING for my Term deposit/Savings accounts for less fees & that's Logic.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Grant, New South Wales, reviewed over 1 year ago
ING Term Deposit
Overall 8/10
Go orange with ING.

Have been with ING for a while. They started off with very competitive rates for savings accounts however have cut the rates a few times as time goes on, still giving them the edge over other banks but making them slightly less appealing. They don't have a physical store and the wait times can be frustrating when you are on the phone trying to get something sorted so I normally just use the 'contact us' on the app and send an email query. The card is great to have for rebates when travelling as any fees you get charged will be credited back. Overall a good bank.

Read full review

Have been with ING for a while. They started off with very competitive rates for savings accounts however have cut the rates a few times as time goes on, still giving them the edge over other banks but making them slightly less appealing. They don't have a physical store and the wait times can be frustrating when you are on the phone trying to get something sorted so I normally just use the 'contact us' on the app and send an email query. The card is great to have for rebates when travelling as any fees you get charged will be credited back. Overall a good bank.

Price
8/10
Features
7/10
Customer service
8/10
Convenience
6/10
Trust
8/10
Less
Renee, Victoria, reviewed over 3 years ago
See all term deposit reviews
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