Roll higher with Savings Accelerator

Earn up to
Variable rate for 4 months on balances up to 500k
Earn up to
Ongoing Variable rate on balances up to 5 million

Depositing $150,000 or more? Don't miss out on this exclusive offer!

Open a Savings Accelerator online and roll higher with our % p.a. variable kick starter offer. This includes a special % p.a. variable kick starter rate for the first 4 months on balances up to $500,000. After that, roll on with our % p.a. variable ongoing rate.

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This exclusive kick starter rate is for a limited time only, don't miss out - open an account online today!
T&Cs and Eligibility Criteria Apply.

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Fast track your savings with our tiered savings account

With higher rates of interest for higher levels of savings, it really could pay to roll any extra savings you might have into a Savings Accelerator.

We usually save this special kick starter rate offer just for new ING customers, but we thought you deserved something extra special.

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Accounts with balances

$150,000 and over

Earn up to

% p.a.

Variable rate

Kick starter Offer available for 4 months on balances up to $500k.

Then roll on to

% p.a.

Ongoing rate

The rates for each balance tier apply to the entire account balance, up to the limits stated.

Accounts with balances

$50,000 and $149,999.99

Earn up to

% p.a.

Variable rate

Kick starter Offer available for 4 months on balances up to $500k.

Then roll on to

% p.a.

Ongoing rate

The rates for each balance tier apply to the entire account balance, up to the limits stated.

Accounts with balances

$0 - $49,999.99

Earn up to

% p.a.

Variable rate

Kick starter Offer available for 4 months on balances up to $500k.

Then roll on to

% p.a.

Ongoing rate

The rates for each balance tier apply to the entire account balance, up to the limits stated.

The kick starter offer includes 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). The advertised kick starter rate doesn't apply to accounts opened - you can view your current rates through Online Banking or the Mobile App. 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). Grow your savings today with a Savings Accelerator.

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Why open a Savings Accelerator?

Depositing $150,000 or more? Don't miss out on this exclusive offer!

Open a Savings Accelerator you could earn up to % p.a. variable.

If your account balance is $150,000 or more, you'll get an ongoing variable rate of % p.a., plus a variable kick starter rate of % p.a. for the first 4 months on balances up to $500,000.

Grow your interest when you grow your balance

Earn a competitive variable interest rate on balances over $50,000 and an even higher rate on balances exceeding $150,000. The rates for each balance tier apply to the entire account balance, up to the limits stated.

No Fuss

With a higher interest rate for higher balances, give your money every opportunity to grow towards your savings goals.

Plus you have the flexibility to access your funds with no monthly deposit requirements or lock-in terms.

Savings guaranteed

Rest easy knowing combined balances up to $250,000 per customer are fully guaranteed by the Australian Government.

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How much could I save?

Explore your estimated savings potential with our savings goal calculator.

Savings goal calculator

How to open a Savings Accelerator?

1

Click the link below

Open my account
2

Complete the online application

Then simply make a deposit from your linked account to activate your Savings Accelerator.

3

Start earning interest

You're all set to start earning interest.

What you'll need to open your account

Here's what you need to open a Savings Accelerator.

You must be:

  • An account holder using the product for personal use
  • An Australian resident for taxation purposes
  • Aged 18 years or over
You'll need to give us:
  • An Australian residential address and phone number
  • Bank account details to link to your savings account
  • A tax file number or exemption code (otherwise tax is deducted at the highest marginal rate)
  • An ING client number if you're already with ING
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CANSTAR - Bank of the Year 2020 - 2025

Canstar Bank of the Year, after year, after year...

ING has been awarded Canstar Bank of the Year six years running (2020 - 2025) for outstanding value across our suite of products and services.

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More from ING

Savings Accelerator Kick Starter rate offer available on one Savings Accelerator account only. Offer ends at 11:59pm AEST on 30 September 2025.

1 You may withdraw all (but not part) of your deposit before the end of the term. A reduced rate of interest will apply in these circumstances.

Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Before making any decision in relation to a Personal Term Deposit, Savings Accelerator, Savings Maximiser or Orange Everyday, you should read the Personal Term Deposits Terms and Conditions booklet and Target Market Determination, Savings Accelerator Terms and Conditions booklet and Target Market Determination. Savings Maximiser Terms and Conditions booklet and Target Market Determination and the Orange Everyday Terms and Conditions booklet, Target Market Determination and Everyday Banking Fees & Limits Schedule. To view these documents you may need Adobe Acrobat. If you have a complaint, we have procedures in place to help resolve any issues you may have. For the best ways to contact us, visit at ing.com.au/contactus. Deposit and savings products are issued by ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823.

Savings Accelerator

Information and interest rate is current as at the date of publication and is subject to change.

Kick starter offer - available on accounts opened from 9 June 2025.

The variable kick starter rate is an introductory variable bonus rate that 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 accounts opened from 28 August 2025, the variable kick starter rate currently is a special rate of % p.a.

For balances over $500,000 during the first 4 months, or any balance after the first 4 months, only the ongoing variable rate will apply.

Under this offer, the variable kick starter rate is available to you when you open a Savings Accelerator account before 30 September 2025, even if you have held an ING savings account before.

This offer:

  • is available on one Savings Accelerator account only
  • is available for a limited time only. Offer ends at 11:59pm AEST on 30 September 2025
  • applies only if the Savings Accelerator account is opened online
  • is not available in conjunction with any other promotional offer unless expressly indicated
  • applies only in respect of the original recipient of the targeted email, and
  • may have tax implications - you should seek independent tax advice.

ING may change, extend or withdraw the current kick starter offer or the kick starter rate (including any special rate) any time. If ING does so, it will provide notice by updating the Savings Accelerator page at ing.com.au. At the expiry of any special rate offer period, the kick starter rate may be lower or higher than the advertised special rate.

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. 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).

Combined balances up to $250,000 per account holder are guaranteed by the Australian Government.

Information and interest rates are current as at the date of publication and are subject to change.

Products are issued by ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292, AFSL and Australian Credit Licence 229823.

Canstar Bank of the Year 2020 - 2025: Canstar has awarded ING Bank of the Year 2025 for the sixth year in a row, recognising the outstanding value ING offers across all our products and services.

Apple, the Apple App Store, iPhone and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries. Android, Google Pay and Google Play are trademarks of Google LLC. The Google Pay Terms and Conditions for ING customers are available for your consideration in the Google Pay app.