Yes! You can claim a tax deduction provided you've donated $2 or more within the financial year via Everyday Round Up to Charity.

Remember, ING transfers the donations on your behalf to Intelligent Foundation who disburses the funds to participating charities. This means that your donation is to Intelligent Foundation, who is a Deductible Gift Recipient for tax purposes.

Most Everyday Round Up to Charity transactions will be paid to Intelligent Foundation within the same financial year. However, Everyday Round Up to Charity transactions debited from your account within the last 14 days of a financial year will not be included in the total amount for that financial year. Instead, these Round Ups will be included in the following year's total amount, due to processing time.

Should you require evidence of donations made via Everyday Round Up to Charity, your quarterly Orange Everyday statement details each Everyday Round Up to Charity transaction and summarises the total Rounded Up to Charity financial year to date. The total Rounded Up to Charity stated on your April - June statement reflects the amount donated to Intelligent Foundation on your behalf in that financial year. We recommend that you retain your April - June statement as written evidence to support your tax deduction claim.

A charity tax receipt is not available as we don't share your personal data with Intelligent Foundation.

For joint accounts, tax deductions generally should be shared equally between each account holder i.e. 50% for each person.

This does not constitute tax advice. Please seek your own independent professional tax advice as required.

For more information, please refer to ATO Product Ruling 2021/16 ING Bank (Australia) Limited - Orange Everyday Round Up to Charity.

The Product Ruling is only a ruling on the application of the taxation law; and is only binding on the ATO if the scheme is implemented in the specific manner outlined in the product ruling.

The Commissioner of Taxation (Commissioner) does not sanction, endorse or guarantee the ING Everyday Round Up to Charity feature. Further, the Commissioner gives no assurance that the ING Everyday Round Up to Charity feature is commercially viable, that charges are reasonable, appropriate or represent industry norms, or that any projected returns will be achieved or are reasonably based. You must form your own view about the commercial and financial viability of the ING Everyday Round Up to Charity feature. You should consult an independent financial, tax or other adviser for such information.

Yes.

For joint Orange Everyday accounts, tax deductions generally should be shared equally between each account holder.

So, if there are two account holders, each account holder generally claims 50% of the eligible donation regardless of whether one or both of the account holders have activated the Everyday Round Up to Charity feature.

Here's an example of how it works.

Please note this does not constitute tax advice. We recommend you seek independent tax advice about the tax implications of ING Everyday Round Up to charity.

For more information, please refer to ATO Product Ruling 2021/16 ING Bank (Australia) Limited - Orange Everyday Round Up to Charity.

The Product Ruling is only a ruling on the application of the taxation law; and is only binding on the ATO if the scheme is implemented in the specific manner outlined in the product ruling.

The Commissioner of Taxation (Commissioner) does not sanction, endorse or guarantee the ING Everyday Round Up to charity feature. Further, the Commissioner gives no assurance that the ING Everyday Round Up to charity feature is commercially viable, that charges are reasonable, appropriate or represent industry norms, or that any projected returns will be achieved or are reasonably based. You must form your own view about the commercial and financial viability of the ING Everyday Round Up to charity feature. You should consult an independent financial, tax or other adviser for such information.

100%! All fees and costs are covered by ING and no third party takes a cut from your donations.

All donations are given to charities as unrestricted funds so they can decide how to maximise the value and impact of your donation.

Of course, you can switch to another one of the charities available through the Everyday Round Up to Charity feature. To switch, just login to the ING app or online banking at ing.com.au

Online Banking:

• Log in to Online Banking
• Select 'Manage Accounts'
• Select 'Everyday Round Up'
• Select Card from 'Roundup spending from Card'
• Follow the prompts to select new Category and Charity
• Click on "Agree and save" button to Save new charity details.

Mobile App:

• Click the drop down Menu
• Select 'Everyday Round Up' from the list of options
• Select Card from 'Roundup spending from Card'
• Follow the prompts to select new Category and Charity
• Click on "Agree and save" button to Save new charity details.

You can only nominate one charity, per Orange Everyday card, at any one time via Everyday Round Up to Charity. But if you want to spread the love you can switch your nominated charity anytime - just login to the ING app or online banking at ing.com.au

You can only round up to:

• charity, or
• your nominated Savings Maximiser, or
• your eligible ING Home Loan

This means that if you only have one Orange Everyday card, you can only round up to one of the above at any one time. However, if you have two Orange Everyday cards, you could select two of those options - one per card.

Yes! To see how much you have donated in total via Everyday Round Up to Charity in the financial year, simply login to the app or ing.com.au or open your Orange Everyday statement.

Each Everyday Round Up to Charity transaction is detailed on your Orange Everyday statement. Your Orange Everyday statement also contains a summary of how much you've rounded up to charity financial year to date.

Easy. You can do this through the ING app or online banking at ing.com.au

Online Banking:

• Log in to Online Banking
• Select 'Manage Accounts'
• Select 'Everyday Round Up'
• Click 'Switch off round up' button and confirm

Mobile App:

• Click the drop down Menu
• Select 'Everyday Round Up' from the list of options
• Click 'Switch off round up' button and confirm

Refunds are not possible. If there's been an unauthorised transaction on your card which triggered an Everyday Round Up to Charity transaction, ING may be able to credit your account with this Round Up Amount. To enquire, please call us on 133 464.

ING has teamed up with Intelligent Foundation to disburse donations to other charities via Everyday Round Up to Charity.

Intelligent Foundation Ltd is a registered charity with the Australian Charities and Not-for-profits Commission (ABN 48 156 978 613) and is endorsed by the Australian Taxation Office as a 'Type 2' Deductible Gift Recipient.

While Intelligent Foundation endeavours to disburse your donation to the charity you have nominated, they have discretion on the funds. For example, they could use this discretion in the rare event that your nominated charity can't be funded (for instance if the charity lose their licence or fail an important compliance check). In this scenario, your donation could be used to support another charity available through the Everyday Round Up to Charity that works in a similar impact area.

We conducted research to understand the social causes that are most important to ING customers and Australians generally and what types of charities they'd like to support.

Within each social cause category, customers told us they want some range and choice - but not too much! So we've aimed to get the balance right.

Just as society continues to change, the charity list might change from time to time too.

While ING doesn't accept responsibility for the charities available through the Everyday Round Up to Charity feature, we do ensure they are registered with the Australian Charities and Not-for-profits Commission (ACNC) and are endorsed by the Australian Taxation Office as a 'Type 1 Deductible Gift Recipient. Additionally the charities are:

• Not identified as subject to sanctions by the ACNC
• Not known to be associated with money laundering or terrorism
• Not associated with adverse media

In the rare event your nominated charity cannot be funded (for example, they lose their charity licence), it will be removed from the list of charities available to nominate.

If your nominated charity is removed, Everyday Round Up to Charity will be automatically switched off. You'll also get an email notification to let you know. You can then switch it back on and nominate a new charity when you're ready.

Any round up amounts that have not yet been disbursed to this charity (either because they are in the ING holding account or because they're still with Intelligent Foundation), will be reallocated, at the discretion of Intelligent Foundation, to a similar charity available through the Everyday Round Up to Charity feature.

No, we anonymise your personal data so third parties (including the charities) can't access your personal details.