Savings Accelerator (Balances > $150,000 earn a variable interest rate of 1.50% p.a.)

Variable Interest Rates: Popular Balances (p.a.)

Base Rate Max Rate
$1000+ 0.25% 0.25%
$5000+ 0.25% 0.25%
$10000+ 0.25% 0.25%
$20000+ 0.25% 0.25%

It couldn’t be simpler. In a nutshell, an ING DIRECT Savings Accelerator rewards you for saving more. With balances of $50,000 and over, your whole balance earns a very rewarding rate. It’s a fantastic way to speed up your savings and reach your goals sooner. Even if your balance falls below $50,000, you can rest easy knowing that your savings will still earn a competitive variable rate.

  • No ING DIRECT fees or charges ever
  • No limit on withdrawals

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  • No Account
    Keeping Fee
  • Internet
    Banking
  • Counter
    Service
  • Phone
    Banking
  • Atm
  • Required
    Linked Account

Account Details

Account Type
Online
Min. Opening Amount
$0.00
Min. Balance
$0.00
Monthly Account Fee
$0.00

Interest

It couldn’t be simpler. In a nutshell, an ING DIRECT Savings Accelerator rewards you for saving more. With balances of $50,000 and over, your whole balance earns a very rewarding rate. It’s a fantastic way to speed up your savings and reach your goals sooner. Even if your balance falls below $50,000, you can rest easy knowing that your savings will still earn a competitive variable rate.
Interest Calculation Frequency
Daily
Interest Payment Frequency
Monthly
Interest Paid In Steps?

ATM & EFTPOS Fees

ATM Withdrawal Fee
$0.00
ATM Balance Fee
$0.00
Daily ATM Withdrawal Limit
$0.00
EFTPOS Fee
$0.00
Debit Card Replacement Fee
$0.00

Fee Details

Service Fee Frequency
Fee Rebate Available
Balance Required for Fee-Free
$0.00
Balances Current Interest Rates $150,000.00 + 1.50% p.a. (this applies to your total balance, not just amounts $150,000 and over) $50,000.00 - $149,999.99 1.00% p.a. (this applies to your total balance, not just amounts $50,000 and over) $0.00 - $49,999.99 0.25% p.a.

Online Savings Account Transactions

Cheque Deposit
Cheque Withdrawal
Direct Credit
Direct Debit
BPAY

Internet & Phone Fees

Phone Transaction Fee
$0.00
Internet Transaction Fee
$0.00
Free Electronic Trans. per Month
Unlimited

Counter & Cheque Fees

Counter Deposit Fee
$0.00
Counter Withdrawal Fee
$0.00
Free Counter Trans. Per Month
n/a
Cheque Fee
$0.00
Cheque Dishonour Fee
$0.00
Debit Item Dishonour Fee
$0.00

Overseas Access

Overseas ATM Facilities
Overseas ATM Balance Fee
$0.00
Overseas ATM Withdrawal Fee
$0.00
Overseas EFTPOS Fee
$0.00
OS Emergency Card Replacement
$0.00
Foreign Transaction Fee
0.00%

Savings Accelerator (Balances > $150,000 earn a variable interest rate of 1.50% p.a.)

Variable Interest Rates: Popular Balances (p.a.)

Base Rate Max Rate
$1000+ 0.25% 0.25%
$5000+ 0.25% 0.25%
$10000+ 0.25% 0.25%
$20000+ 0.25% 0.25%

It couldn’t be simpler. In a nutshell, an ING DIRECT Savings Accelerator rewards you for saving more. With balances of $50,000 and over, your whole balance earns a very rewarding rate. It’s a fantastic way to speed up your savings and reach your goals sooner. Even if your balance falls below $50,000, you can rest easy knowing that your savings will still earn a competitive variable rate.

No Account Keeping Fee
Internet Banking
Counter Service
Phone Banking
Atm
Required Linked Account

Top Features

  • No ING DIRECT fees or charges ever
  • No limit on withdrawals
+ Show All Benefits

More Information

Account Type Online
Min. Opening Amount $0.00
Min. Balance $0.00
Monthly Account Fee $0.00
Cheque Deposit
Cheque Withdrawal
Direct Credit
Direct Debit
BPAY
It couldn’t be simpler. In a nutshell, an ING DIRECT Savings Accelerator rewards you for saving more. With balances of $50,000 and over, your whole balance earns a very rewarding rate. It’s a fantastic way to speed up your savings and reach your goals sooner. Even if your balance falls below $50,000, you can rest easy knowing that your savings will still earn a competitive variable rate.
Interest Calculation Frequency Daily
Interest Payment Frequency Monthly
Interest Paid In Steps?
Phone Transaction Fee $0.00
Internet Transaction Fee $0.00
Free Electronic Trans. per Month Unlimited
ATM Withdrawal Fee $0.00
ATM Balance Fee $0.00
Daily ATM Withdrawal Limit $0.00
EFTPOS Fee $0.00
Debit Card Replacement Fee $0.00
Debit Item Dishonour Fee
Counter Deposit Fee $0.00
Counter Withdrawal Fee $0.00
Free Counter Trans. Per Month n/a
Cheque Fee $0.00
Cheque Dishonour Fee $0.00
Debit Item Dishonour Fee $0.00
Service Fee Frequency
Fee Rebate Available
Balance Required for Fee-Fre $0.00
Balances Current Interest Rates $150,000.00 + 1.50% p.a. (this applies to your total balance, not just amounts $150,000 and over) $50,000.00 - $149,999.99 1.00% p.a. (this applies to your total balance, not just amounts $50,000 and over) $0.00 - $49,999.99 0.25% p.a.
Overseas ATM Facilities
Overseas ATM Balance Fee $0.00
Overseas ATM Withdrawal Fee $0.00
Overseas EFTPOS Fee $0.00
OS Emergency Card Replacement $0.00
Foreign Transaction Fee 0.00%