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.
High interest tiered savings account with no monthly requirements
A high interest rate guaranteed for the term you choose.
Compare saving account rates & fees
Earn up to
% p.a.
variable rate
(incl. % p.a. additional variable rate)
Earn up to
% p.a.
variable rate
first 4 months for new to ING savings customers on their first Savings Accelerator account
For customers who are eligible for the kick starter offer, the following variable rates apply to the portion of your account balance within each balance tier:
180 day term
% 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 % p.a.
• Tier 1 $0-$250,000.00 – % p.a. variable
• Tier 2 $250,000.01-$500,000.00 – % p.a. variable
• Tier 3 $500,000.01-$2,000,000.00 – % p.a. variable
• Tier 4 $2,000,000.01-$5,000,000.00 – % p.a. variable
These rates include the variable kick starter rate of % p.a., which applies on top of the ongoing variable rate on any portion of your balance up to $500,000 for 4 months from the date of account opening (that is, the date an account number is issued). For any portion of your balance above $500,000, the ongoing variable interest rate will apply. You can see your current rates in your ING app or online banking
Ongoing variable interest rate
After the first 4 months, or if you’re not new to ING savings, the following variable interest rates apply to the portion of your account balance within each balance tier:
• Tier 1 $0-$250,000.00 – % p.a. variable
• Tier 2 $250,000.01-$500,000.00 – % p.a. variable
• Tier 3 $500,000.01-$2,000,000.00 – % p.a. variable
• Tier 4 $2,000,000.01-$5,000,000.00 – % p.a. variable
If your balance falls across more than one tier, each portion of your balance will earn the rate for its tier.
% p.a. 90 day term
% p.a. 120 day term
% p.a. 180 day term
% p.a. 210 day term
% p.a. 270 day term
% p.a. 330 day term
% p.a. 1 year term
% 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
$10,000
Who can apply?
Aged 18 years or over.
Aged 18 years or over.
Aged 18 years or over.