published 8 Sep 2023

Scams Alert: ING Term Deposit Impersonation scam

Please be alert for a fraudlent ING brochure containing fake Term Deposit Rates being circulated to Australian consumers.

An ING spokesperson said:

“For anyone that’s received this term deposit scam we advise you to delete the email and PDF.

This is a reminder that scams are becoming increasingly sophisticated, are targeting multiple industries and are happening more frequently.

We encourage customers to visit ING.com.au/scams for regular updates on scams and how they can protect themselves.  Customers can also report scams, including this one, through this page.

Please call the dedicated ING scams line on 1800 052 743 if you think you have experienced a scam that could impact your ING account OR if you notice any unusual activity on your ING account.

And remember to never share your personal banking details with anyone you don’t know or trust.”

Term Deposit Scam PDF

About ING

ING changed the way Australians bank more than 24 years ago by launching the country’s first branchless bank. ING now offers Australians home loans, transactional banking, superannuation, credit cards, personal lending, insurance and wholesale banking services. ING is Australia’s most recommended bank according to RFI Global’s XPRT Survey, April 2023 – September 2023 (n = 31,961) when compared to customers of 20 other banks operating in Australia. It is also Australia’s fifth largest main financial institution (MFI) with 6% of market share according to RFI Global’s XPRT Survey, April 2023 – September 2023 (n = 31,796). MFI is defined as the bank that the consumer says is their main financial institution.