ING Savings Booster
Bonus rateIntroductory rate
A variable savings account offering bonus interest for eligible customers
5.65%
a year, with bonus, up to
- Base rate up to
- 2.50%
- Introductory rate
- 3.10% for 1 months
- Maximum balance
- None published
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| $0 to $500,000 | 2.50% | +3.15% | 5.65% |
| $500,000 to $2,000,000 | 2.50% | None | 2.50% |
| $2,000,000 to $1,000,000,000,000 | 0.00% | None | 0.00% |
Who can open it
- Age to open
- 18 and over
- Maximum balance
- None published
Who it's for
- You must be an Australian resident for taxation purposes.
- You must maintain an active Orange Everyday in the same name.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.65%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
2.50%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.65%, above the typical 3.65%. On $10,000 that's about $565 a year.
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- An intro rate. Part of the rate lasts 1 months, then drops, so check again when it ends.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.65%
- Bonus conditions
- None
- Most it pays
- 5.65%
- Bonus conditions
- Yes
- Most it pays
- 5.65%
- Bonus conditions
- Yes
