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Savings Accelerator

Savings Accelerator Money, I'm home

Earn

% p.a.

variable rate up to $2m

The account your savings will want to settle into.
Earn a high interest rate on your savings with no monthly requirements. Savings Accelerator keeps things simple, with interest on balances up to $5 million.

With no monthly conditions, no chasing bonus criteria and no extra admin, there's no hurdles with a Savings Accelerator tiered savings account. Just big rates, so you can do your savings thing sooner.

Features & benefits

Features & benefits of a Savings Accelerator

Enjoy big rates, no hurdles and more. Simple savings at its best.

No ING fees.

No monthly deposit requirements.

No lock-in terms or minimum withdrawal amounts.

Move your money 24/7 with the ING app or online banking.

Savings guaranteed by the Australian government, on combined savings balances up to $250,000.

Open your Savings Accelerator in minutes
Rates and fees

Earn big rates on your balance

With no ING fees, the interest you earn is all yours.

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.

The following variable interest rates apply to the portion of your account balance within each balance tier:

% p.a
% p.a
% p.a
% p.a


If your balance falls across more than one tier, each portion of your balance will earn the rate for its tier.
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).
Open your Savings Accelerator in minutes
How to get started

Accelerate your savings today

Open a Savings Accelerator online, make a deposit and start earning big interest today with no hurdles.

1. Sign up online

Open a Savings Accelerator online. Make a deposit and start earning interest.

Start saving today

2. Access when you want it

There's no lock-in term. You can move your money when needed by making a simple funds transfer.

To open a Savings Accelerator, you must be:

An account holder using the product for personal use (if it's for your business, see our Business Optimiser account)

An Australian resident for taxation purposes

Aged 18 years or over

You'll need to give us:

An Australian residential address and telephone number

Linked bank account details to link to your Savings Accelerator account

A Tax File Number or exemption code (otherwise tax is deducted at the highest marginal rate)

An existing Client Number (if you're already with ING)

Ready? Open a Savings Accelerator now.