ING DIRECT puts money on sale

For one day only Canadians can take advantage of several offers,
including $123 to open and switch your payroll to THRiVE ChequingTM

TORONTO, Nov. 28, 2011 /CNW/ - ING DIRECT has taken savings to a new level today with the announcement of a one day only sale on several of its products.

On Monday, November 28, 2011 until 11:59 p.m. ET, Canadians can go online to ingdirect.ca/saleonmoney or call 1-800 ING DIRECT to take advantage of the following four offers:

  • 1% bonus on contributions to The Streetwise Funds®*
  • 2%** interest on a 1 Year GIC
  • $300 cash bonus on a new unmortgage®
  • $123 bonus to open and switch your payroll to a THRiVE Chequing Account (payroll switch by January 31, 2012)

"We are always looking for unique and creative ways to bring savings to Canadians, and what better way is there to get Savers' attention than by putting money on sale," said Andrew Zimakas, VP Marketing, ING DIRECT. "While Canadians are scouring the Web today for the best Cyber Monday deals, we're offering them ways to get even greater savings for their hard earned dollars."

ING DIRECT's one day sale coincides with Cyber Monday, the biggest online shopping day of the year. According to a recent survey by the bank, a quarter of Canadians will be looking for the best bang for their buck online today, with computer and electronics cited as the most coveted items to purchase (16%), followed by books, music and movies (15%) and clothes (14%).

"Putting money on sale breaks the mold of what Canadians expect from a bank," said Peter Aceto, President and CEO, ING DIRECT. "A sale like this reinforces ING DIRECT's commitment to help Canadians save, and shows that saving can be as fun as spending."

Just in time for the holidays, the one day sale is an early gift for Canadians looking to save even more. ING DIRECT's recent holiday survey revealed 35 per cent of Canadians will spend less this year compared to last, with $450 being the average saved for holiday-related purchases.

Canadians will have today only to cash in on the four offers from ING DIRECT. Visit ingdirect.ca/saleonmoney for details on all the deals.

Follow ING DIRECT on Facebook® and Twitter® for more on the one day sale and fun happenings throughout the day at our Cafés across Canada.

About ING DIRECT

ING DIRECT is Canada's leading direct bank with over 1.7 million Clients and more than $37.6 billion in total assets. ING DIRECT gives the power of saving to all Canadians by offering high-value, simple products such as high interest savings accounts with no fees or service charges, low rates on mortgages and a no-fee daily chequing account that actually pays interest. Low cost, index based mutual funds are sold through ING DIRECT Funds Limited. ING DIRECT has been operating in Canada since 1997 and paid more than $5 billion in interest to Clients. ING DIRECT is open for banking 24 hours a day, 7 days a week, at ingdirect.ca, on mobile devices at m.ingdirect.ca or by calling 1-800 ING DIRECT (1-800-464-3743).

Facebook® is a registered trademark of Facebook Inc./ est une marque déposée de Facebook Inc.

Twitter®  is a registered trademark of Twitter Inc./ est une marque déposée de Twitter Inc.

unmortgage® is a registered trademark of ING Bank of Canada.

®The Streetwise Funds is a registered trademark of ING Bank of Canada, used under license.

™  THRiVE Chequing is a trademark of ING Bank of Canada.

*ING Direct Funds Limited is the principal distributor of The Streetwise Funds. The Streetwise Funds are exclusively offered by ING DIRECT Asset Management Limited. ING Direct Funds Limited and ING DIRECT Asset Management Limited are wholly owned subsidiaries of ING Bank of Canada. Commissions, trailing commissions, and management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual funds are not insured by CDIC or any other government deposit insurer, and are not guaranteed by ING Bank of Canada, or any other Canadian financial institution.

** Interest is compounded annually and paid at maturity.

SOURCE ING DIRECT

For further information:

Buket Oktem, ING DIRECT
416-839-9769
boktem@ingdirect.ca

Lisa Naccarato, ING DIRECT
416-885-0348
lnaccarato@ingdirect.ca

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