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Big rate. No hurdles. With Savings Accelerator.

Earn

%
p.a.

Variable rate for 4 months on balances up to $500k

Then

Earn

%
p.a.

Ongoing Variable rate on balances up to $2 million

Don't miss out on this exclusive offer!

Open a Savings Accelerator online and earn % p.a. variable with our kick starter offer. This includes an additional % 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.

Fast track your savings with our tiered savings account

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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Earn competitive rates on your balance

With Savings Accelerator, each part of your balance earns the interest rate for the tier it sits in. So you could earn different rates at the same time.

First 4 months variable interest rate*

%
p.a. $0 $250,000 Tier 1
%
p.a. $500,000 Tier 2
%
p.a. $2mil Tier 3
%
p.a. $5mil Tier 4

Ongoing variable interest rate

%
p.a. $0 $250,000 Tier 1
%
p.a. $500,000 Tier 2
%
p.a. $2mil Tier 3
%
p.a. $5mil Tier 4

About the kick starter offer:

*Available for new-to-ING savings customers on their first Savings Accelerator account. 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. For balances over $500,000, the ongoing variable interest rate will apply. You can see your current rates in your ING app or online banking. After the first 4 months, or if you're not new to ING savings, the ongoing variable interest rate applies to the portion of your account balance within each balance tier.

If your balance falls across more than one tier, each portion of your balance will earn the rate for its tier. The same ongoing rate currently applies across Tiers 1-3. 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).

Why open a Savings Accelerator?

Limited time offer kick starter offer

Open a Savings Accelerator and for a limited time, you could earn a big % p.a. variable kick starter rate on balance tiers up to $500K for your first 4 months.

No fuss, no ING fees

No minimum deposit requirements or lock-in terms. And no ING fees, so all your savings go towards your goals.

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

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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

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 1 May 2026.

The variable kick starter rate is an introductory variable bonus rate of % 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 any portion of your balance over $500,000 during the first 4 months, or any balance after the first 4 months, only the ongoing tiered 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 April 2026, 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 April 2026
  • 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 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.