Make bank with
Savings Maximiser

EARN UP TO

% p.a.

Variable rate. For eligible customers.
How to earn bonus rate.

Open my account

Supercharge your savings

No ING fees

Australia's Most Recommended Bank

do your thing

You work hard for your money. Now it can work even harder for you.

Make bank with an award winning savings account.

Earn up to

%
p.a.

Variable interest rate

(Standard variable rate of % pa + additional variable rate of % for eligible accounts). How to earn bonus rate.

Why open a Savings Maximiser?

Every cent you deposit will earn you interest.

Earn up to % p.a. variable rate

Customers who also have our Orange Everyday bank account could get our highest Savings Maximiser variable rate of up to % p.a. Find out how below, it's a smarter way to save.

It's your money

With no ING fees, no withdrawal fees and no minimum balance, save the way you want to save - with more of your money going towards your savings goals.

Everyday round up

The super-smart way to save. Round up card purchases to the nearest $1 or $5, with the extra amount going from your Orange Everyday transaction account straight to your Savings Maximiser.

Open my account

How to earn bonus interest?

Meet the monthly eligibility criteria when you combine a Orange Everyday and Savings Maximiser and follow the below three steps each month.

Deposit $1,000+

Each month from an external source to any personal ING account in your name (excluding Living Super and Orange One)

Make 5+ transactions

Settled (not pending) eligible ING card purchases.

Grow your balance

Each month on your nominated Savings Maximiser (excluding interest earned for the current month).

When the criteria is met in a calendar month, the additional bonus variable rate will apply in the next calendar month. Available on one account for balances up to $100,000.

Reach your savings goals sooner, open an Orange Everyday and Savings Maximiser today.

Open my account

How much could I earn?

Explore your estimated savings potential with our Savings Calculator.

Give our Savings Calculator a go

Never miss out on your bonus interest

Stay on top of your progress 24/7 anywhere, anytime with our benefits tracker, available in the ING app.

Download ING App on App Store Download ING App on Google play

Bundle to save more

Orange Everyday
Savings Maximiser
Open both now

$0

Monthly account fees

Other fees and charges may apply.

1%

Cashback on utility bills

Eligible gas, electricity and water bills. T&Cs apply.

Unlimited rebates

Unlimited rebates on ING International Transaction Fees for eligible online and overseas purchases. Monthly eligibility criteria applies.

5x

Rebated ATM fees

Save on fees with up to 5 rebated ATM withdrawal fees a month (excludes international ATM operator fees).

Government guaranteed

Deposits guaranteed up to $250k per customer.

Open both now

Other ways to save with ING

Every cent you deposit will earn you interest.

CANSTAR - Bank of the Year 2024

Awarded Canstar Bank of the Year. Again.

Canstar has awarded ING Bank of the Year 2024 for the fifth year running, recognising the outstanding value ING offers across all our products and services.

do your thing

More from ING

Offer available on 1 account only.

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, please call us on 133 464 at any time as we have procedures in place to help resolve any issues you may have. Deposit and savings products are issued by ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823.

Personal Term Deposit

Personal Term Deposits require a minimum opening deposit of $10,000. The combined total deposits in all your Personal Term Deposit accounts is not permitted to exceed $5 million, whether the accounts are in individual or joint names. The interest rates that apply to Personal Term Deposits are the interest rates that are current on the date the term deposit is opened.

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 August 2024.

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 between 9 August 2024 and 30 June 2025 (inclusive), the variable kick starter rate is a special rate of % p.a.

The variable kick starter rate is not available on a Savings Accelerator if any account holder has ever held a personal savings account with ING.

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.

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 variable kick starter rate is not payable in conjunction with any other promotional rate.

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. 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.

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 Savings Accelerator you should read the Savings Accelerator Terms and Conditions booklet. To view these documents you may need Adobe Acrobat. Savings Accelerator is issued by ING.

Savings Maximiser

The additional variable rate (that is added to the Savings Maximiser standard variable rate) applies on one nominated Savings Maximiser per customer for the next calendar month when you also hold an Orange Everyday account and in the current calendar month you do the following:

  • deposit at least $1,000 from an external source to any personal ING account in your name (excluding Living Super and Orange One);
  • also make at least 5 card purchases that are settled (and not at a 'pending status') using your ING debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions); and
  • ensure that the balance of your nominated Savings Maximiser account at the end of the month (excluding interest) is higher than it was at the end of the previous month. When we assess whether you've met this balance growth requirement, we do not take into account any interest earned on your account in the month.

Each customer can nominate a maximum of one Savings Maximiser account (either single or joint) to receive the additional variable rate (where eligible). You can check and change your nominated Savings Maximiser account via online banking. If no nomination is made, the additional variable rate (where eligible) will be applied to an account nominated by ING at its sole discretion.

Any amounts above $100,000 are subject to the Savings Maximiser standard variable rate applicable at the time. If you do not satisfy the conditions to receive the additional variable rate, the standard variable rate applies. ING can change or withdraw the additional variable rate or the additional variable rate offer at any time with notice. The additional variable rate is not payable in conjunction with any other promotional rate.

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

Canstar Bank of the Year 2020 - 2024: Canstar has awarded ING Bank of the Year 2024 for the fifth year in a row, recognising the outstanding value ING offers across all our products and services.

ING is Australia's most recommended bank according to RFI Global's Consumer Atlas Survey, August 2024 - January 2025 (n = 29,182) when compared to customers of the 10 largest ADIs operating in Australia. ING is Australia's fifth largest main financial institution (MFI) with 5% of market share according to RFI Global's Consumer Atlas Survey, August 2024 - January 2025 (n = 29,182). MFI is defined as the bank that the consumer says is their main financial institution.

NB: 10 Largest ADI's are CBA, Westpac, NAB, ANZ, Macquarie, ING, Bendigo, Suncorp, BOQ, HSBC

*Competitor set for AFR NPS position excludes Up bank and Ubank