ING updates Savings Maximiser to 5.25%
ING has increased the rate on its Savings Maximiser savings account by 25 basis points to 5.25% p.a., from a previous rate of 5.00%.
ING
Savings Maximiser
New Rate
5.25%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 5.25% would earn approximately $525 per year in interest. That is $25 more per year compared to the previous rate.
Market Context
This rate of 5.25% is above the current market average of 4.63% across 67 tracked savings account products. The current market leader offers 5.40%.
Notes
Savings Maximiser lifts to 5.25% p.a. from 27 March 2026, made up of a 0.01% base rate and a 5.24% bonus rate. Bonus conditions: hold an Orange Everyday account, deposit at least $1,000 from an external source, make 5 settled eligible card purchases, and grow the nominated balance. Applies on one account up to $100,000 in the following calendar month once criteria are met.
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.