From 1 March 2021, customers' Savings Maximiser balance will need to be higher at the end of the month than it was at the end of the previous month to earn the bonus interest.
The original criteria to earn the bonus interest rate will remain unchanged:
deposit at least $1,000 from an external bank account to any personal ING account in your name; and
make 5+ card purchases that are settled every money (excludes ATM withdrawals, balance enquiries and EFTPOS cash-out only transactions)
Need somewhere to store cash and earn interest? The table below features savings accounts with some of the highest non-introductory and introductory interest rates on the market.
All products with a link to a product provider’s website have a commercial marketing relationship between us and these providers. These products may appear prominently and first within the search tables regardless of their attributes and may include products marked as promoted, featured or sponsored. The link to a product provider’s website will allow you to get more information or apply for the product.
By de-selecting “Show online partners only” additional non-commercialised products may be displayed and re-sorted at the top of the table. For more information on how we’ve selected these “Sponsored”, “Featured” and “Promoted” products, the products we compare, how we make money, and other important information about our service, please click here. Rates correct as of December 10, 2023. View disclaimer.
Should this criteria not be satisfied, customers will only earn the standard variable base rate of 0.05% p.a.
The bonus interest rate currently sits at 1.30% p.a, taking the total variable rate to 1.35% p.a.