Business Optimiser

You decide what happens at maturity.

Change your maturity instructions any day up to one business day before maturity, either online or by calling us on 133 464.

Renew the full amount

Reinvest your initial deposit amount and interest. It doesn't have to be for the same length of time.

Renew the principal only

Reinvest your initial deposit for the term you want, and have the interest deposited into your linked bank account.

Close your term deposit

Transfer the initial deposit amount and interest to your linked bank account.

Renewal

If renewing, you can choose the same term or a different term from one of the options. You may also deposit additional money at this time.

Grace Period

All Business Term Deposits that roll over benefit from a 'grace period' of 7 calendar days, starting from the maturity date.

During this time, you can contact us to close your Business Term Deposit without incurring a reduction in the interest rate that applies to your account. You can also change the amount of funds in your new account and/or change the term of your Business Term Deposit during this time.

Is my business eligible to apply?

Yes! As long as the account is:

• opened and operated by a business for business purposes only; and
• held by a business registered in Australia, with an Australian registered address and you have provided ING with all of the information we require to determine your Foreign Tax Residency Status and that of any Controlling Person.

The account cannot be:

• used in a personal, domestic or household capacity, or by bare/informal trusts, public companies, unincorporated associations, or a statutory account;
• opened for a company that is unable to meet the requirements to nominate the required number of authorised users; or
• opened for a trust that requires more than four trustees to authorise an investment.

Important Information

Savings Maximiser

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

The additional variable rate currently % p.a. (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), and
- 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)
- 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.

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 or by calling us on 133 464. 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.

^Card purchases includes in store credit or EFTPOS purchases, online purchases, regular card payments, payWave, Apple Pay, and Google Pay transactions made with an Orange Everyday Visa card, Orange One Low Rate or Orange One Rewards Platinum Visa card or Nil Interest Visa card provided with an eligible ING home loan. When using the phrase 'settled' card purchases in a calendar month, we mean that the purchases made on your card must be fully processed by the end of the last day of that month. Card purchases made in store or online this current calendar month which are at a 'pending status' and do not settle until the next calendar month do not count towards the 5 card purchases needed this current calendar month.

When determining if you are eligible under the offer, we also take into account the behaviour of any of your joint account holders or additional cardholders.