ING Australia has scrapped ATM withdrawal fees for international transactions in response to rising demand for overseas purchases.

The move will affect Orange Everyday account holders and Orange One credit card holders.

In order to avail the latest offer, customers have to deposit a minimal amount of $1,000 into their account and make at least five card transactions per month from 1 March 2018.

ING Australia head of retail banking Melanie Evans said: “We want to reward our customers for making ING their main bank so today we’re announcing that eligible Orange Everyday account holders will pay no fees for domestic or global ATM withdrawals. We’re also dropping our fees for transactions made overseas or on international websites.

“Orange One Credit Card holders can also benefit from zero ING fees for international purchases when shopping overseas, including online.”

Earlier this year, Commonwealth Bank of Australia (CBA), Westpac, National Australia Bank (NAB), and Australia & New Zealand Banking Group (ANZ) also removed ATM withdrawal fee.