The Finance Algorithm
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Savings Booster

A variable savings account offering bonus interest for eligible customers

Savings & transaction accountsBank updated 9 Oct 2026

At a glance

Up to
3.15%
Base rate
0.00%
Bonus rate
3.15%
Intro rate
0.60% for 1 mo
Monthly fee
$0

How it compares

This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This account: 3.15%Every other institution's highest, 50 in all

Base plus bonus, when every condition is met. One dot per institution, at its highest bonus savings rate anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
Bonus savings accountBase plus bonus, when every condition is met3.15%5.75%Defence Bank Limited's iSaver5.25%of 51 institutions51st highest of 51

Rates

Every rate ING publishes for this account, 4 in all.

How the rate is made up

3.15%in a month every condition is met

0.00% base rate3.15% bonus, when its conditions are met

To earn the bonus

  • Grow your account balance by at least $100 this month (not including any interest earned).
TypeApplies toTermBandRateComparisonConditions
Bonus--up to $500,0003.15%-paid every 1 mo; Grow your account balance by at least $100 this month (not including any interest earned).; Grow your account balance by at least $100 this month (not including any interest earned). Eligibility is assessed at the end of the month.
IntroductoryOn balances up to $500,000, if you haven't previously held a personal savings account with ING, for a period of 4 months from the date of account opening. The Welcome rate applies in addition to the…-1 mo introup to $500,0000.60%-paid every 1 mo; This offer applies to new accounts opened within the first four months.
Variable--up to $2,000,0002.50%-paid every 1 mo
Variable--$2,000,000+0.00%-paid every 1 mo

Rate changes

One change logged, newest first.

DateRateWasNowChange
9 Oct 2026Variable, up to $2,000,0002.25%2.50%up 0.25

Each change is logged the night it appears in the rates ING BANK (Australia) Ltd publishes. See how every lender answered the RBA on the rate tracker.

Fees

One fee published, grouped by when they're charged.

While you hold it1

  • Account fee

    There are $0 monthly fees.

    No fee

Features

Digital bankingUnlimited transactions

Eligibility and limits

  • Minimum age 18
  • You must be an Australian resident for taxation purposes.
  • You must maintain an active Orange Everyday in the same name.

Published by ING BANK (Australia) Ltd under the Consumer Data Right, last changed by them on 9 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.