ING updates [Savings] Savings Accelerator to 5.40%
ING has increased the rate on its [Savings] Savings Accelerator savings account by 40 basis points to 5.40% p.a., from a previous rate of 5.00%.
ING
[Savings] Savings Accelerator
New Rate
5.40%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 5.40% would earn approximately $540 per year in interest. That is $40 more per year compared to the previous rate.
Market Context
This rate of 5.40% is above the current market average of 4.63% across 67 tracked savings account products. This is among the highest rates currently tracked in this category.
⚠️ 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.