Pays 5.50% p.a. total (0.01% base plus 5.49% bonus) as of 18 September 2026. Ranks 6th of 93 savings accounts tracked by BankMate, 0.64 points above the average of 4.86%. The rate last rose on 15 May 2026, 9 days after the RBA raised the cash rate to 4.35%.
5.50%p.a.
0.01% base + 5.49% bonus · bonus up to $100,000 · unlimited withdrawals · variable
Go to ING
$100 sign-up bonus · Sign up for an ING Savings & Transaction account
Rate over time
Total rate, conditions met- Savings Maximiser
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Feb 2026: ranked 3 of 46
- Mar 2026: ranked 6 of 74
- Apr 2026: ranked 7 of 88
- May 2026: ranked 3 of 91
- June 2026: ranked 6 of 91
- July 2026: ranked 6 of 92
- Aug 2026: ranked 6 of 92
- Sept 2026: ranked 6 of 93
Feb 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
In the top 10% for every one of the last 8 months.
Changes
2 on record since 1 Mar 2026- 5.25 → 5.50Bonus rate · 9 days after the RBA rise to 4.35%+0.25
- 5.00 → 5.25Bonus rate · 9 days after the RBA rise to 4.10%+0.25
Conditions for the bonus rate
Checked each month- Debit card use
- 5+/month
- Monthly deposits
- $1,000/month
- Balance growth
- $1/month
- Balance range
- $0 - $100,000
- Age
- 18+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $100k
5.50%Notes from savers
to leave a note.