Important disclosure
Savings Maximiser
Winner of Best Savings Account Regular Savers, Best Savings Account Young Adults, RateCity Gold Awards 2023
Maximum rate
5.50%*
p.a
Base rate
0.55%
p.a
RateCity Says
“Enjoy a competitive ongoing bonus interest rate with this award-winning savings account when you meet the maximum rate conditions each month.”
5.50%*
p.a
0.55%
p.a
Pros and cons
For Savings Maximiser
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- No ongoing account fees
- No minimum balance
- Winner of 2023 RateCity Awards
Drawbacks
- Only available with linked transaction account
ING Rate Savings account overview
For Savings Maximiser
Account Details
Maximum rate 5.50%* p.a | Minimum age restrictions 18 |
Base rate 0.55% p.a | Maximum age restrictions |
Maximum rate condition *Customers must complete the following each month: 1. Deposit at least $1,000 from an external source; 2. Make 5+ settled card purchases; and 3. Grow the balance on the nominated Savings Maximiser account – i.e. make sure there’s more in the account at the end of the month (excluding interest) than there was at the end of the previous month. The total bonus interest rate is available on balances up to $100,000 on one Savings Maximiser the next month after meeting eligibility. Read More | Minimum opening deposit $0 |
Interest calculation method Tiered | Target Market Determination Visit ING to view Target Market Determination. |
Features
Joint application available | Is online only |
Linked account required |
Methods of Access
Internet facility | ATM access |
Phone facility | Eftpos facility |
Branch access | App |
App only |
Fees
Account keeping fees $0 | Eftpos fee $0 |
ATM withdrawal fee $0 | Overseas eftpos fee $0 |
Internet transaction fee $0 | Over the counter deposit fee $0 |
Phone transaction fee $0 | Over the counter withdrawal fee $0 |
