ING Savings Booster
savings accountlinked accountterms checked
Savings Booster is a savings account from ING. At $50,000 it pays 5.90% p.a. in a month in which the conditions below are met and 2.75% when they are not; 6.50% for the first 4 months.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together, intro the rate in the introductory period.
| Balance | Base | Bonus | Conditional | Intro |
|---|---|---|---|---|
| $0 – $500,000stepped: paid on the part of the balance in this band | 2.75% | 3.15% | 5.90% | 6.50% |
| $500,000.01 – $2,000,000stepped: paid on the part of the balance in this band | 2.75% | — | 2.75% | — |
| $2,000,000.01+stepped: paid on the part of the balance in this band | 0.00% | — | 0.00% | — |
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 bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.
The bonus is paid on balances up to $500,000; the band above it shows what the feed states there.
The intro column is the rate for the first 4 months of a new account, an add-on to the conditional rate for that period; after it the account pays its conditional rate, 5.90% at $50,000.
Conditions
For the bonus rate
- grow the balance by $100 or more each month
In the bank's own words, as its feed states each condition on the bonus rate:
- balance growthGrow your account balance by at least $100 this month (not including any interest earned).
Other conditions
- no Welcome rate if you or any joint holder has held an ING personal savings account
Introductory rate conditions: new accounts only: On balances up to $500,000, if you haven't previously held a personal savings account with ING, for a period of 4 months from the date of account opening.
Features
- app
- yes
- transactions
- unlimited
Fees, limits and who can open it
- monthly fee
- $0
- bonus paid up to
- $500,000
- 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.
- You must maintain an active Orange Everyday in the same name.
About this account
A variable savings account offering bonus interest for eligible customers
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-booster.html, savings-interest-rates.html, SB_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 Accelerator savings account, 5.30% base 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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