Following the recent Reserve Bank announcement to decrease the official cash rate, ING DIRECT will pass on a 0.25% p.a. rate cut to our variable rate residential and commercial loan customers. The new rate is effective from Friday 20 May 2016.
Three-year fixed rate now 3.98% p.a. (when combined with an Orange Advantage loan)
Have you seen our three-year fixed interest rate (including the 0.10% p.a. discount) for owner occupiers with an Orange Advantage, which has been reduced to 3.98% p.a. (comparison rate 4.66% p.a.)? The fixed interest rate discount of 0.10% p.a. applies to new ING DIRECT customers and also applies to existing owner-occupier Orange Advantage customers who apply to switch/split/increase a portion of their existing Orange Advantage home loan to a Fixed Rate Loan.
To find out how you can help your customers take advantage of this great offer, contact your ING DIRECT representative.
Updated Living Super Referral Program
Customers are increasingly looking to brokers to provide a more holistic service. The good news? Diversifying could be easier than you think, and it’s a smart way to expand your business. With its low fee and no fee options, Living Super could help your clients make the switch, too- all they’ll need to do is fill in a simple form, and we’ll take it from there.
Thanks to recent broker feedback, we’ve made it easier for you to earn referral fees by introducing an additional tier to the Referral Program. You can now earn a referral fee of $275 (incl. GST) on super balances of $10,000 or more. A reminder the referral fee for super balances of $50,000 or more has been increased to $550 (incl.GST) until 30 June 2016. Click here for further information.