ING savings accounts

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ING is one of the bigger banks operating in Australia, offering a range of banking products including savings accounts, home loans, and superannuation. Among its savings products, ING offers the Savings Maximiser, Savings Accelerator, as well as term deposits to help customers reach their financial goals. 

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Last updated 5 January 2026 Important disclosures

  • Savings Accelerator

    Maximum rate
    5.00 % p.a.
    (for $150,000 to $500,000)
    New customers who open an account after June 9 2025 receive an introductory bonus 1.05% p.a. variable kick starter rate for the first 4 months on balances up to $500,000.
    Standard rate
    2.10 % p.a.
    (for $0 to $50,000)
    No Partner link

  • Savings Maximiser

    Maximum rate
    4.75 % p.a.
    (for $0 to $100,000)
    Deposit $1,000 into a personal ING account, make 5 eligible transactions with a linked Orange Everyday account and grow the balance each month.
    Standard rate
    0.01 % p.a.
    (for $0 and over)
    No Partner link

  • Business Optimiser

    Maximum rate
    0.75 % p.a.
    (for $0 to $1,000,000)
    bonus rate for 6 months
    Standard rate
    0.35 % p.a.
    (for $0 and over)
    No Partner link

ING products

FAQs

Is ING safe?

Yes, ING is a secure banking option in Australia. As an Authorised Deposit-taking Institution (ADI), deposits up to $250,000 are protected by the Australian Government's Financial Claims Scheme, providing a high level of security for your savings.

How do I earn the highest interest rate on my Savings Maximiser account?

To earn the highest interest rate of 5.50% p.a., you need to:

  1. Open both a Savings Maximiser and an Orange Everyday account.
  2. Deposit at least $1,000 per month from an external source into any personal ING account in your name.
  3. Make 5 or more settled card purchases using your ING debit or credit card.
  4. Grow your Savings Maximiser balance each month (excluding interest).
Can I have multiple Savings Maximiser accounts?

Yes, you can open multiple Savings Maximiser accounts. However, the highest interest rate (up to 5.50% p.a.) will only apply to one nominated account with a balance of up to $100,000 when you meet the eligibility criteria.

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