ING Savings Maximiser Summary
Description
High variable interest rate. And no fees or penalties on withdrawals.
Benefits
- No monthly savings-account fee.
Hoops
- Applicants must be at least 18.
- For bonus interest, deposit at least $1,000 each month, grow the balance by at least $0.01 each month, make at least 5 qualifying purchases each month. Check the full requirements below.
- Bonus qualification uses activity from the previous month.
- Ongoing rate cap: $100,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | ING Savings Maximiser |
|---|---|
| Maximum variable rate | 5.75% p.a. |
| Ongoing interest rate | 5.75% p.a. |
| Base interest rate | 0.01% p.a. |
| Minimum age | 18 years |
Source: noren.com.au
All comparison details
| Base | 0.01% |
|---|---|
| Ongoing | 5.75% |
| Ongoing cap | $100K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | $1,000 |
| Growth/mth | $0.01 |
| Buys/mth | 5 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 18 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.01% p.a., before bonus interest.
- Ongoing: 5.75% p.a. when bonus conditions are met. Up to $100k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.01% | Whole balance | All balances |
| Ongoing total, conditions met | 5.75% | This band only | First $100k |
| Ongoing total, conditions met | 0.01% | This band only | Over $100k |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Hold Orange Everyday and nominate one Savings Maximiser account.
- In the previous calendar month, deposit a total of at least $1,000 externally into eligible ING accounts in your name, make five settled eligible ING card purchases, and grow the nominated savings balance excluding current-month interest.
- Qualification in one calendar month earns the additional rate in the next calendar month. The additional rate applies to the first $100,000, excess earns the base rate.
- Qualification timing: Activity in the previous month determines eligibility for the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with ING.
- You must be aged 18 or over.
- You must be an Australian resident for taxation purposes.
- ING announces no new Savings Maximiser applications from 1 December 2026. Existing holders can continue using their accounts, this is not an announced retirement or rate expiry.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 28 Oct 2026.