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.
