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.
Rates and fees
Compare saving account rates & fees
Variable interest rate
Kick starter offer – for the first 4 months for new to ING savings customers
Available on accounts opened from 18 March 2024
Fixed interest rate
% p.a. variable rate
(incl. % p.a. additional variable 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.
Accounts with balances $150,000 - $500,000 – 5.20% p.a. variable
Accounts with balances $50,000 - $149,999.99 – 4.25% p.a. variable
Accounts with balances $0 - $49,999.99 – 3.35% p.a. variable
These rates include the variable kick starter rate of 0.50% 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.
Ongoing variable interest rate
Accounts with balances $150,000 - $5,000,000.00 – % p.a. variable
Accounts with balances $50,000 - $149,999.99 – % p.a. variable
Accounts with balances $0 - $49,999.99 – % p.a. variable
The rates for each balance tier apply to the entire account balance, up to the limits stated.
% 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
Compare account features
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.