5 May 2017:  ING has announced it will be increasing variable rates for new and existing Interest Only owner-occupier borrowers by 0.15% effective 23 June 2017.

All current home loan rates are available on ING’s visitor site.

-ENDS-

Media contact

David Breen

Head of Corporate Affairs, ING

M:  +61 412 933 060

E: david.breen@ingdirect.com.au

Kristen Costandi

PR Manager, ING

M: +61 413 317 225

E: kristen.costandi@ingdirect.com.au

About ING DIRECT

ING DIRECT changed the way Australians bank 18 years ago by launching the country’s first high interest, fee free online savings account. Since then, we’ve brought this low fee value to home loans, transactional banking and superannuation.

With over 1.6 million customers – and $34 billion in savings and $40 billion in mortgages – ING DIRECT has the highest Net Promoter Score of any bank.

Australia’s most recommended bank.

Source: Nielsen Consumer & Media View Mar ‘16 – Aug ‘16 (n=10,597) when compared by customers of 14 other banks operating in Australia.