How Do You Find Out ING Savings Account Interest Rates?


Quick Answer

You can find the current interest rate for ING savings accounts by visiting the ING website at INGDirect.com.au, and clicking on the Savings tab on the menu. Once you are on the Savings page, the current interest rate for each savings account type is displayed.

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Full Answer

ING Direct has more than one type of savings account, and the current interest rate varies depending on the type of savings account for which you are looking. The "Savings Maximizer" account is a no-fee savings account with a high variable interest rate. This account type is available for ING customers who also have an Orange Everyday bank account, and requires a minimum deposit of $1000 each month into the account, as of 2015.

Another type of savings account ING offers is called "Savings Accelerator," which is a tiered savings account with higher variable interest rates. The Savings Accelerator account type has a minimum balance requirement of $50,000. ING also offers a savings account type called "Personal Term Deposit," which requires a minimum deposit of $10,000 and a minimum term of 180 days. "Personal Term Deposit" accounts requires you to keep your money in the account for a specified term, but give you an additional bonus if you choose to extend your term once it is complete.

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