ING Direct Australia - How 'safe' are they

[mrs.zara]

Hi Im considering shifting savings to ING as they have 3.5% interest. But Im a bit nervous, I do not know anybody else who does. And I have only ever banked with the Big 4.

Look fw to your thoughts

MT

[mrcheese]

I've been with ING for a few years, for a while I just had the high interest online savings account and now I have my general transaction account (2% cash back on paypass purchases under $99!) there as well.
I'm so happy with them, I'll even share my referral link with you :)
 ingdirect.com.au/refer 
Friend code:CBA510

this is worth $75 bucks to ya (and me) if you set up an Everyday account with them.

[Mr FrugalNL]

I'm not familiar with ING Direct but its parent company, ING Group, is one of the big three in the Netherlands; it serves millions of customers. I have a current account and a savings account with its Dutch subsidiary, ING Bank N.V., and I'm generally happy. It's no less of a reputable business than any other bank. ;) My only beef with ING Bank N.V. is that their strong market position allows them to give only a pittance in interest compared to smaller Dutch banks, but that doesn't seem to be the case with ING Direct in Australia.

[JLR]

I feel fine banking with ING. And don't forget, the Australian Government guarantees deposits up to $250 000, per account holder, per institution.

[Wadiman]

Have my super with them and wife uses them for everyday savings - never an issue