Need flexibility in withdrawals for your savings?
With Savings Maximiser you can make a withdrawal for as little or as much as you like without impacting the interest rate you will receive. No welcome teaser rates.
If you don't find your answer here, get in touch with our Australia-based customer care specialists.
133 464Get ahead or stay that way with an ING savings account.
High variable interest rate. And no fees or penalties on withdrawals.
High interest rate guaranteed for the term. You choose the timeframe.
Tiered savings account with higher variable interest rates for balances starting at $50,000.
Straightforward banking for your business.
High variable interest business savings account with 24/7 access.
High fixed interest rate for business savings. You choose the timeframe.
Competitive interest rates for a fixed period, that’s tailored to your cash flow needs.
Home loans for buyers, investors and borrowers looking for a better deal.
Includes a 100% interest offset when linked to our Orange Everyday bank account.
Low variable interest rate home loan with no ongoing monthly or annual fees.
Fixed interest rate home loans for terms of one to five years.
% p.a
1 year term, $10,000 minimum deposit - No ING fees
1.65% p.a
1 year term, $10,000 minimum deposit - No ING fees
Get a high interest rate guaranteed for your timeframe of choice on deposits of $10,000 or more.
With every cent deposited earning you interest, all your money gets the chance to grow.
Combined savings balances up to $250,000 per customer are guaranteed by the Australian Government.
Competitive interest rates, fixed for the term. Minimum opening deposit of $10,000.
90 day rate
120 day rate
180 day rate
210 day rate
270 day rate
330 day rate
1 year rate
2 year rate
In planning mode? Use these tools and calculators to see how you can save.
Chances are, you'll find the answer in our FAQs.
Here are some of the more common questions we get asked:
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Variable Rate
On up to $100,000 when you also hold an Orange Everyday and do these things each month: make the eligible $1,000+ deposit, 5+ card purchases and grow your nominated Savings Maximiser balance (excluding interest). Available on one account.
With Savings Maximiser you can make a withdrawal for as little or as much as you like without impacting the interest rate you will receive. No welcome teaser rates.
The fastest way to do this is online. In a few simple steps, you'll be ready to start saving. You can do it over the phone 24/7, too.
Tell us what to do with your money when the term ends. You've got three options to choose from.
Rollover your principal and interest to see your savings grow.
To open a Personal Term Deposit, you need a minimum deposit of $10,000.
An account holder using the product for personal use (if it's for your business, see our Business Term Deposit account)
An Australian resident for taxation purposes
Aged 13 years or over
An Australian residential address and telephone number
Linked bank account details to link to your term deposit 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)
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 Personal Term Deposits you should read the Personal Term Deposits Terms and Conditions booklet. To view this document you may need Adobe Acrobat. Personal Term Deposit Products are issued by ING, a business name of ING Bank (Australia) Limited. iPhone and Apple are trademarks of Apple Inc., registered in the U.S. and other countries. Google play is a trademark of Google LLC. Windows Phone is a trademark of Microsoft Inc., registered in the U.S. and other countries.
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 bank account 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 at any time. 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.
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