Savings interest rates
Do your thing with our great range of savings products with no fees! Check out our rates below to learn more.
Highest 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 (excluding interest).
Available on one account for balances up to $100,000 with the additional variable rate applied the month after eligibility criteria has been met.
variable rate (incl. % p.a. additional variable rate)
Standard variable rate
Personal Term Deposits
Competitive interest rates, fixed for the term. Minimum opening deposit of $10,000.
3 months (90 days)
4 months (120 days)
6 months (180 days)
7 months (210 days)
9 months (270 days)
11 months (330 days)
1 year (365 days)
2 year (730 days)
Kick starter offer - First 4 months
Available to new to ING savings customers on accounts opened from 9 August 2024, these rates include the variable kick starter rate of % 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 August 2024 - you can view your current rates through Online Banking or the Mobile App.
Accounts with balances $150,000 - $500,000
Accounts with balances $50,000 - $149,999.99
Accounts with balances $0 - $49,999.99
Ongoing variable interest rate
Accounts with balances $150,000 - $5 million
Accounts with balances $50,000 - $149,999.99
Accounts with balances $0 - $49,999.99
The combined total deposits in all your Savings Accelerator account(s) shouldn't exceed $5 million, whether account(s) are in individual or joint name(s).