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Savings Maximiser 5% p.a. Interest on up to $100k Balance, Savings Accelerator 5.40% p.a. First 4-Months on $150k-$500k @ ING

samwaldo 9281 Posts 9281 Karma
samwaldo posted this 5 days ago

Website doesn't look like it's updated but been posted on socials, +0.25% SM, +0.40% SA effective 10/02
https://x.com/ING_Aust/status/2018913046962622599

For Savings Maximiser customers, we’re increasing your additional variable interest rate by 0.25% per annum. When you meet the monthly eligibility requirements, this will take the variable rate to a roaring, 5.00% p.a. on balances up to $100k!

https://x.com/ING_Aust/status/2018913048724173076

🟠 Got a Savings Accelerator? You will be getting a 0.40% per annum rate increase.
For new ING savings customers, this will take the Kick Starter variable rate to 5.40% p.a. for the first 4 months on balances over $150,000 (up to $500k), and ongoing variable rate to 4.35% p.a.

SM requirements:

For customers who also have an Orange Everyday bank account and do these things each month:
1. Deposit $1,000+ from an external source to any personal ING account in their name (excluding Living Super and Orange One)
2. Make 5+ card purchases (settled, not pending) and
3. Grow their nominated Savings Maximiser balance (excluding interest).
When the criteria is met in a calendar month, the benefits the additional variable rate will apply in the next calendar month. Available on one account for balances up to $100,000.
The standard variable rate is 0.01% p.a.

https://www.ing.com.au/savings.html#ING-content-1

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