ING updates Savings Accelerator to 5.65%
ING has increased the rate on its Savings Accelerator savings account by 25 basis points to 5.65% p.a., from a previous rate of 5.40%.
ING
Savings Accelerator
New Rate
5.65%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 5.65% would earn approximately $565 per year in interest. That is $25 more per year compared to the previous rate.
Market Context
This rate of 5.65% 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.
Notes
Savings Accelerator four-month Kickstarter rates rise from 27 March 2026 to 3.80% p.a. on $0-$49,999.99, 4.70% p.a. on $50,000-$149,999.99, and 5.65% p.a. on $150,000-$500,000. Ongoing rates rise to 2.75%, 3.65%, and 4.60% respectively. Combined deposits across all Savings Accelerator accounts cannot exceed $5 million.
⚠️ 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.