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Savings Accelerator

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Savings Accelerator Big rates, no hurdles

Earn up to

% p.a.

Variable rate first 4 months

Then up to

% p.a.

ongoing variable rate

On balances up to $500,000 in your first Savings Accelerator account when you’re new to ING savings.

Start saving today

High interest tiered savings account with no monthly requirements

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.

Benefits

Benefits of a Savings Accelerator

Enjoy big rates, no hurdles and more.

Features

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.

Kick starter offer

If you're new to ING savings, well help accelerate your savings with an extra % p.a. variable kickstarter rate for the first 4 months on balances up to $500,000. Available on your first Savings Accelerator account. To see how much you could earn, see our latest rates below.

Important information
Open your Savings Accelerator in minutes
Start saving today
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.

First 4 months variable interest rate*
% p.a
% p.a
% p.a
% p.a
Ongoing variable interest rate
% p.a
% p.a
% p.a
% p.a


*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 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
Start saving today
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.
Start saving today