Ing savings accelerator interest rates

The Savings Accelerator is designed to be a sort of booster account to your current savings account. Once your squirrelling pays off and you manage to reach a higher balance, the account will reward you with a higher interest rate. So if you need to shuffle some funds around, ing savings accelerator interest rates, you can! I find the ease of dealing with ING so wonderful.

Home News ING to boost savings account rate to 4. ING has responded following Tuesday's RBA decision, rewarding savers with the full 25 basis point cash rate increase, taking its Savings Maximiser account rate to 4. This increase sees ING topple Bank of Queensland in the savings account interest rate pecking order according to Savings. Bank of Queensland responded to the RBA's February decision on Wednesday, however flagged no increase to savings accounts. ING previously lifted its Savings Maximiser rate to 4.

Ing savings accelerator interest rates

Home News ING increases savings account rate to 4. New and existing ING customers are eligible for the new rate of 4. ING has also announced a 25 basis point increase to its Savings Accelerator rate for new and existing customers. From 13 December, the following variable rates will be available:. For Savings Maximiser accounts, the standard variable rate of 0. Need somewhere to store cash and earn interest? The table below features savings accounts with some of the highest interest rates on the market. Monthly Deposit Min. These products may appear prominently and first within the search tables regardless of their attributes and may include products marked as promoted, featured or sponsored. Rates correct as of March 10, View disclaimer. Image by Keyur Nandaniya via Unsplash. Hanan joined Savings. With a keen interest in home loans, property investing, and money saving tactics, she is passionate about educating young Australians, like herself, on all things finance.

Harry O'Sullivan. Both are fee-free accounts. The process is always easy and simple.

A tiered savings account with a high variable interest rate. With higher interest rates for higher balances, get rewarded for your commitment to saving. Rate applies to your whole balance. There's no fixed term or minimum withdrawal amount. Move your money using the mobile app , online and phone banking.

Home News ING increases. ING previously lifted its Savings Maximiser rate to 3. ING's new Savings Maximiser rate of 3. New and existing ING customers are eligible for the new rate of 3. The offering of 3. ING's Savings Maximiser rate also beats out the 3. For Savings Maximiser accounts, the standard variable rate of 0. See more: Which banks are increasing savings rates following September's cash rate rise? Need somewhere to store cash and earn interest?

Ing savings accelerator interest rates

Variable rate 4 months. New to ING savings? Open a Savings Accelerator from 18 March and roll higher with our 5. This includes a 0. After that, roll on with our 4.

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Other information correct at the time of writing. Learn more about Mozo. Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. Previously the Associate Editor of SmartCompany site, Sophie has worked closely with finance experts and columnists around Australia and internationally. Raj Lal Finder May 10, Savings Maximiser. ING announces new highest ongoing savings rate for all adults Alex Ritchie 10 Mar, - 4 min read. Read full review. The higher your savings balance, the higher the rate of interest you can earn. If you decide to apply for a credit product listed on Savings.

For customers who also have an Orange Everyday bank account and do these things each month: 1. Grow their nominated Savings Maximiser balance excluding interest. Available to new to ING savings customers on accounts opened from 18 March , These rates include the variable kick starter rate of 0.

Not applicable. Account Keeping Fees. Set up recurring transfers from your nominated account into the Savings Accelerator to help you build your savings balance. You'll need to give us: An Australian residential address and telephone number Linked bank account details to link to your Savings Accelerator account A Tax File Number or exemption code otherwise tax is deducted at the highest marginal rate An existing Client Number if you're already with ING. Driven by a passion for keeping Australians up to date with the latest financial news and trends, his areas of interest include financial technology, investing, property and motoring. Need somewhere to store cash and earn interest? The goal of your savings account is — unsurprisingly — to help you maximise the money you save, while minimising your chances of spending your savings. Hanan joined Savings. Some of the top-rated savings accounts in February The latest Gen Z trends? Subscribe for rate change alerts. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. However, their parent company, ING Group, has a much longer history, originating in the Netherlands and tracing back as far as