Savings, business and superannuation interest rates

Savings Maximiser	Interest Rate
Highest variable rate For customers who also have an Orange Everyday bank account and do these things each month: 1. Deposit $1,000+ (from an external account) 2. Make 5+ card purchases (settled, not pending) and 3. Grow their nominated Savings Maximiser balance (excluding interest). Available on one account for balances up to $100,000 with the additional variable rate applied the month after eligibility criteria has been met.	5.40% p.a. (incl. 5.35% p.a. additional variable rate)
Standard variable rate	0.05% p.a.

Savings Maximiser

Interest Rate

Highest variable rate
For customers who also have an Orange Everyday bank account and do these things each month:
1. Deposit $1,000+ (from an external account)
2. Make 5+ card purchases (settled, not pending) and
3. Grow their nominated Savings Maximiser balance (excluding interest).
Available on one account for balances up to $100,000 with the additional variable rate applied the month after eligibility criteria has been met.

5.40% p.a.

(incl. 5.35% p.a. additional variable rate)

Standard variable rate

0.05% p.a.

Savings Accelerator	Interest Rate
Kick starter offer - First 4 months Available on accounts opened from 9 August 2024 for new to ING savings customers
Accounts with balances $150,000 - $500,000	5.15% p.a.
Accounts with balances $50,000 - $149,999.99	4.20% p.a.
Accounts with balances $0 - $49,999.99	3.30% p.a.
These rates include the variable kick starter rate of % p.a., which applies on top of the ongoing variable rate on balances of up to $500,000 for 4 months from the date of account opening (that is, the date an account number is issued). For balances over $500,000 the ongoing variable interest rate will apply. The advertised kick starter rate doesn't apply to accounts opened before 9 August 2024 - you can view your current rates through Online Banking or the Mobile App.
Ongoing variable interest rate
Accounts with balances $150,000 - $5 million	4.45% p.a.
Accounts with balances $50,000 - $149,999.99	3.50% p.a.
Accounts with balances $0 - $49,999.99	2.60% p.a.
The rates for each balance tier apply to the entire account balance, up to the limits stated.

Personal Term Deposit	Interest Rate
90 day rate	4.35% p.a.
120 day rate	4.25% p.a.
180 day rate	4.25% p.a.
210 day rate	4.20% p.a.
270 day rate	4.15% p.a.
330 day rate	4.00% p.a.
1 year rate	4.05% p.a.
2 year rate	3.80% p.a.

Business Optimiser	Interest Rate
Variable welcome rate For 6 months from account opening for new customers on balances up to $1 million. Rate is subject to change during the 6 months.	0.75% p.a.
Standard variable rate	0.35% p.a.

Business Term Deposit	Interest Rate
90 day rate	0.50% p.a.
120 day rate	0.50% p.a.
180 day rate	1.50% p.a.
210 day rate	0.80% p.a.
270 day rate	1.70% p.a.
330 day rate	1.00% p.a.
1 year rate	2.00% p.a.
2 year rate	2.40% p.a.

Living Super	Interest Rate
Cash Hub Your Cash Hub must hold a minimum of $500, plus 1 cent for every dollar of your account balance between $50,001 and $1,000,000, plus any insurance premiums, pension payments, and/or fees due to be paid in the following two months.	4.10% p.a.
Cash Option Interest accrued on the cash option is reflected in the unit price.	4.10% p.a.
Term Deposits Living Super Term Deposits offer a fixed rate of interest for the duration of the term and each require a minimum opening amount of $1,000. If you wish to close your Living Super Term Deposit before the maturity date, you must provide us with 31 days' notice and an interest rate deduction will be applied. The 2 year term deposit is only available in Super accounts, not Transition to Retirement or Pension account.
3 months	4.70% p.a.
6 months	4.70% p.a.
1 year	4.60% p.a.
2 years	4.35% p.a.

Important info

Information and interest rates are current as at the date of publication and are subject to change.

Savings Maximiser

Information and interest rates are current as at the date of publication and are subject to change.

The additional variable rate (that is added to the Savings Maximiser standard variable rate) applies on one nominated Savings Maximiser per customer for the next calendar month when you also hold an Orange Everyday account and in the current calendar month you do the following:

- deposit at least $1,000 from an external source to any personal ING account in your name (excluding Living Super, Personal Loans and Orange One),
- also make at least 5 card purchases that are settled (and not at a 'pending status') using your ING debit or credit card (excluding ATM withdrawals, balance enquiries, cash advances and EFTPOS cash out only transactions), and
- ensure that the balance of your nominated Savings Maximiser account at the end of the current month is higher than it was at the end of the previous month. When we assess whether you've met this balance growth requirement, interest earned in the current month is not taken into account.

Each customer can nominate a maximum of one Savings Maximiser account (either single or joint) to receive the additional variable rate (where eligible). You can check and change your nominated Savings Maximiser account via online banking or the ING mobile app. If no nomination is made, the additional variable rate (where eligible) will be applied to an account nominated by ING at its sole discretion.

Any amounts above $100,000 are subject to the Savings Maximiser standard variable rate applicable at the time. If you do not satisfy the conditions to receive the additional variable rate, the standard variable rate applies. ING can change or withdraw the additional variable rate at any time with notice. The additional variable rate is not payable in conjunction with any other promotional rate.

Business Optimiser

A variable welcome rate (which is subject to change) applies for 6 months from the date the Business Optimiser is opened on balances up to $1 million. At the end of the 6 month period, the interest rate that applies to your balance will be the Business Optimiser standard variable rate applicable at the time. The offer is applicable on the first Business Optimiser opened per entity and is for a limited time only.

A minimum combined balance of $50,000 is required across any Business Optimiser and Business Term Deposit accounts held in your business entity's name.

Term Deposits

Applications for Business and Personal Term Deposits are subject to eligibility criteria for approved applicants only.

Minimum opening deposit of $10,000 for any Term Deposit Account. Additionally, for Business Term Deposits, there is a combined minimum balance requirement of $50,000 across any Business Term Deposit and Business Optimiser accounts in your business entity's name.

Maximum combined limits on Term Deposits - We may refuse an application for a term deposit where it would result in you exceeding the following limits:

- Personal Terms Deposits: The total combined balance of all Personal Term Deposit Accounts held by a person (individually or in joint names) cannot exceed $5million.
- Business Term Deposits: The total combined balance of all Business Term Deposits as held by the Australian-resident business or trust cannot exceed $10million.

The interest rates that apply to Business and Personal Term Deposits are the interest rates that are current on the date the term deposit is opened. Interest rate reduction will apply where you break the Term Deposit prior to the maturity date.

To change your clients maturity options, please call 1300 656 226 at least one business day prior to the maturity date. Our Support Team is available Monday to Friday, 8.30am to 6.00pm (EST). If rolled over, a seven-day grace period, starting from the maturity date, will apply, allowing your client to change the amount of funds in the new Term Deposit, change the term or close the Term Deposit. NOTE: Closing a Term Deposit outside the grace period and prior to the maturity date will require your client to provide us with at least 31 days notice (except in the case of hardship). Please note, to be able to update your client's maturity instructions, ensure the relevant section of the Adviser Authorisation Form is completed.

Savings Accelerator

Information and interest rate is current as at the date of publication and is subject to change.

Kick starter offer - available on accounts opened from 9 August 2024

The variable kick starter rate is an introductory variable bonus rate that which applies on top of the ongoing variable rate on balances of up to $500,000 for 4 months from the date of account opening (that is, the date an account number is issued). For accounts opened between 9 August 2024 and 31 January 2025 (inclusive), the variable kick starter rate is a special rate of % p.a.

The variable kick starter rate is not available on a Savings Accelerator if any account holder has ever held a personal savings account with ING.

For balances over $500,000 during the first 4 months, or any balance after the first 4 months, only the ongoing variable rate will apply.

The advertised kick starter rate doesn't apply to accounts opened before 9 August 2024 - you can view your current rates through Online Banking or the Mobile App.

The combined total deposits in all your Savings Accelerator account(s) shouldn't exceed $5 million, whether account(s) are in individual or joint name(s).

ING may change, extend or withdraw the current kick starter offer or the kick starter rate (including any special rate) any time. If ING does so, it will provide notice by updating the Savings Accelerator product page on the ING website. At the expiry of any special rate offer period, the kick starter rate may be lower or higher than the advertised special rate.
The variable kick starter rate is not payable in conjunction with any other promotional rate.

Combined balances up to $250,000 per account holder are guaranteed by the Australian Government.

Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Before making any decision in relation to Savings Accelerator you should read the Savings Accelerator Terms and Conditions booklet. To view these documents you may need Adobe Acrobat. Savings Accelerator is issued by ING. iPhone and Apple are trademarks of Apple Inc., registered in the U.S. and other countries. Google play is a trademark of Google Inc. Windows Phone is a trademark of Microsoft Inc., registered in the U.S. and other countries.

Living Super

General

The information on this webpage is general in nature only, and does not take into account your or your client's objectives, financial situation or needs. You should consider your or your client's personal circumstances and the appropriateness of the relevant product(s) and/or service(s). You should consider the applicable Product Terms and Conditions (T&Cs), Product Disclosure Statement (PDS), Product Guide and Financial Services Guide (FSG) (collectively being key disclosure documents) when deciding whether you or your client should acquire or continue to hold a product and/or service. Terms, conditions, eligibility criteria, fees and charges may apply. These key disclosure documents together with the relevant Target Market Determinations (TMD) are available ing.com.au/documents. To view these documents you may need Adobe Acrobat.

Banking, deposits and credit products

ING is a business name of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823, Australian Credit Licence 229823 (ING, we, our, us) and the product issuer for the ING savings, business and term deposit products.

The information about Living Super was prepared on behalf of Diversa Trustees Limited ABN 49 006 421 638, AFSL 235153, RSE L0000635, the Trustee of Living Super (Fund), a sub-plan of OneSuper ABN 43 905 581 638 and the issuer of interests in the Fund. Living Super is a product issued out of the Fund. The Unique Superannuation Identifier (USI) for Living Super is 43 905 581 638 019.

ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823, Australian Credit Licence 229823 (ING) is the sponsor of the Fund (for brand, marketing and distribution) and the Deposit Taker for the Fund. ING receives a sponsorship fee from Diversa being a base rate calculated as a percentage of the funds under management. For more information on the financial services provided by ING with respect to Living Super, please refer to the Financial Service Guide.

An investment in the fund is neither a deposit nor liability of ING or any of its related entities and none of them stands behind or guarantees the fund.

The Living Super Term Deposits offer a fixed rate of interest for the duration of the term (3 month, 6 month, 1 year or 2 year periods) and each require a minimum opening amount of $1,000. The 2 year term deposit is only available in Super accounts, not Transition to Retirement or Pension accounts. If you wish to close a Living Super Term Deposit before the scheduled maturity date, you must provide the trustee with 31 days notice and an interest rate reduction will be applied. Interest will be calculated from the date the Term Deposit was opened to the date the Living Super Term Deposit is closed (inclusive of the 31 day notice period), less any applicable interest rate reduction. Please refer to the PDS and Product Guide for more information on the Living Super Term Deposits, conditions and limits, application of the notice period and Break Costs.

ING Adviser Portal

The ING Adviser portal is available to advisers who have been accredited by ING and for the adviser use only to manage client bank and deposit accounts. Access and use of the ING Adviser Portal is subject to the Adviser Portal terms and conditions.

Living Super Adviser Portal

The Living Super Adviser portal is hosted and managed by Superhero Super Pty Ltd (ABN 40 667 649 854) on behalf of Diversa. The Living Super Adviser Portal is available to advisers who have been accredited with Diversa, for the adviser use only, to manage client Living Super accounts. Access and use of the Living Super Adviser Portal is subject to the terms and conditions. ING is not involved with the Living Super Adviser Portal and accepts no responsibility for use of the portal.