Compare savings accounts
At ING, all savings accounts have no ING fees.
A High variable interest rate. With competitive ongoing rates, all your money goes towards your savings goals.
A tiered savings account with higher variable interest rates for balances starting at $50,000.
A high interest rate guaranteed for the term you choose.
Compare saving account rates & fees
Earn up to
5.40% p.a.
variable rate
(incl. 5.35% p.a. additional variable rate)
Earn up to
5.15% p.a.
variable rate
Kick starter offer – for the first 4 months for new to ING savings customers
Available on accounts opened from 9 June 2025.
180 day term
4.50% p.a.
fixed interest rate
For customers who also have an Orange Everyday bank account and do these things each month:
1. Deposit $1,000+ (from an external source)
2. Make 5+ card purchases (settled, not pending) and
3. Grow their nominated Savings Maximiser balance.
Available on one account for balances up to $100,000 with the additional variable rate applied the month after eligibility criteria has been met.
The standard variable rate is 0.05% p.a.
Kick starter offer variable interest rate
Accounts with balances $150,000 - $500,000 – 5.15% p.a. variable
Accounts with balances $50,000 - $149,999.99 – 4.20% p.a. variable
Accounts with balances $0 - $49,999.99 – 3.30% p.a. variable
These rates include the variable kick starter rate of 0.70% p.a., which applies on top of the ongoing variable rate on balances of up to $500,000 for 4 months from the date of account opening (that is, the date an account number is issued). For balances over $500,000 the ongoing variable interest rate will apply. The advertised kick starter rate doesn’t apply to accounts opened before 9 June 2025 – you can view your current rates through Online Banking or the Mobile App.
Ongoing variable interest rate
Accounts with balances $150,000 - $5,000,000.00 – 4.45% p.a. variable
Accounts with balances $50,000 - $149,999.99 – 3.50% p.a. variable
Accounts with balances $0 - $49,999.99 – 2.60% p.a. variable
The rates for each balance tier apply to the entire account balance, up to the limits stated.
4.25% p.a. 90 day term
4.25% p.a. 120 day term
4.50% p.a. 180 day term
4.35% p.a. 210 day term
4.30% p.a. 270 day term
4.05% p.a. 330 day term
4.05% p.a. 1 year term
3.80% p.a. 2 year term
Minimum $10,000 deposit
Interest rate calculations and payments
Calculated daily, paid monthly
Calculated daily, paid monthly
Paid at maturity
ING account fees and bank charges
Withdrawals and deposits from a linked external account or Orange Everyday
Top up at maturity only
Government guaranteed
Minimum deposit
Higher interest on deposits over $50,000
$10,000
Who can apply?
Aged 18 years or over.
Aged 18 years or over.
Aged 18 years or over.