ING Savings Accelerator
savings accountlinked accountterms checked
Savings Accelerator is a savings account from ING. At $50,000 it pays 5.30% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $2,000,000stepped: paid on the part of the balance in this band | 5.30% |
| $2,000,000.01 – $4,999,999.99stepped: paid on the part of the balance in this band | 3.20% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
The feed states a maximum balance of $5,000,000.
Conditions
- a linked bank account (ING or another bank) is required
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- transactions
- unlimited
- joint accounts
- yes
Fees, limits and who can open it
- monthly fee
- $0
- maximum balance
- $5,000,000
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 18 and over
- open to
- personal customers
- linked account
- a linked or nominated transaction account is required
Who can open it, in the bank's own words:
- You must be an Australian resident for taxation purposes.
About this account
A tiered savings account, with a variable interest rate.
Data
- ING's own page for this account.
- Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: savings-accelerator.html, savings-interest-rates.html, SA_Terms_and_Conditions.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/ing-bank-australia-ltd.json: this bank's accounts and every balance band as JSON; ING's page lists them.- The bank last updated this record on 12 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at ING
- Business Optimiserstale savings account, 0.35% base at $50,000
- Savings Booster savings account, 5.90% conditional at $50,000
- Savings Maximiser savings account, 6.00% conditional at $50,000
- Orange Everydaystale transaction account
All of ING's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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