ING is a popular choice for Australians looking for a good digital banking experience, competitive rates and low fees. Take a look at the different ING savings accounts and bank accounts in the table below to find the right one for you.
We currently don't have that product, but here are others to consider:
How we picked theseThe Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
We currently don't have that product, but here are others to consider:
How we picked theseWe assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.
We currently don't have that product, but here are others to consider:
How we picked theseThe Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
ING was a big winner in the 2025 Finder Awards.
Full list of 2025 savings account winners
The Orange Everyday transaction account comes with a Visa debit card that you can use in Australia and overseas, at ATMs and EFTPOS terminals as well as online. You can use all ATMs across Australia and globally for free when you deposit more than in your account each month, plus make 5+ card purchases a month. This account does not attract any account-keeping fees and offers free access to BPAY.
The ING Savings Maximiser account gives you the ability to earn bonus interest every month. Earn 5% p.a. when you link to an ING Orange Everyday account and meet the following criteria each month: deposit at least $1,000, make 5+ card purchases and grow your Savings Maximiser balance (excluding interest earned).
This tiered savings account offers higher interest rates for higher balances. You don’t have to pay any ongoing account-keeping fees and there is no minimum withdrawal amount or fixed term. You can access money in your account via online, mobile and phone banking. This would suit you if you've got a larger savings balance and don't want to commit to the ongoing account conditions required with the Savings Maximiser.
The minimum deposit you require to open an ING term deposit is $10,000 and the term period can vary from 90 days to 2 years. You can earn a loyalty bonus if you renew the term deposit and don’t withdraw money before the new term deposit reaches maturity. This would suit you if you're looking to lock away your deposit and earn a fixed rate in return.
Based on ING bank account scores in Finder's 2024 Customer Satisfaction Awards.
ING has no bank branches and no ATMs in Australia, but it does offer a few different ways to do your banking.
If you need to deposit cash into your account you can do this at a participating Australia Post shop using Bank@Post. It's free to deposit cash into your account this way.
You can use ING's Internet banking platform or mobile app to track account balances, pay bills and other direct debits, make BPAY payments, transfer funds between accounts, activate new cards or place existing ones on hold and to schedule payments.
The ING mobile app offers a savings round-up tool called Everyday Round Up, which allows you to round up your transactions to the nearest dollar and add the remainder into your savings. You can search your transactions by keyword, date or amount and make real-time transfers with your own PayID.
ING offers Apple Pay, Google Pay and Samsung Pay to customers with an Orange Everyday debit card. This means you can use your phone (or any compatible device) to make contactless payments for everyday items, instead of using your physical debit card.
You can apply for a new ING account online in less than 10 minutes. Just make sure you meet the eligibility criteria and have the necessary documents handy before you start your application.
If you haven't found what you're looking for yet, you can compare a wide range of additional savings accounts and bank accounts from other providers with Finder.
Take control of your super with a flexible account that allows you to manage all of your needs in one convenient place.
The ING Savings Accelerator provides you with a serious incentive to save with an increase in interest rates as your account balance grows.
Check out this review of ING's term deposit rates.
With an ING bank account you'll pay no ATM fees in Australia up to 5 times per month pay no international transaction fees when the account conditions are met. Apple Pay and Google Pay available, plus more perks.
What rate 6 month term deposit for $ 1m
Hi Miled,
As of January 31, 2025, the 12-month term deposit with ING had an interest rate of 4.70% per annum. Note that rates are reviewed and updated daily, so this may change.
We currently have an Orange Everyday account with two linked Savings Maximiser accounts. We are looking at an account to park a larger sum. Can we “split” the amount and put each 50% into each of the Savings Maximisers, or best to start a new Savings Accelerator to park the whole amount.
Thanks
Scott
Hi Scott,
I suggest talking to ING directly about this. At Finder we can’t give people personal financial advice.
Does ING offer investment home loans?
Hi Superman,
Thanks for getting in touch with Finder. I hope all is well with you. 😃
Yes, you can learn more about ING’s investment home loans. On the page, you will see a table that compares ING home loans. You can use the built-in filters to only view investment loans. You can then click on the “Enquire now” button to learn more.
Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision. Moreover, check the eligibility requirements as well and consider whether the product is right for you.
Alternatively, you can speak to a mortgage broker, a professional who compares and helps you apply for home loans on your behalf. A good mortgage broker will give you personalised service all the way through to settlement.
I hope this helps. Should you have further questions, please don’t hesitate to reach out again.
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Have a wonderful day!
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Cheers,
Joshua
Hi, I am on student visa at the moment. Is it possible for me to open a savings account with ING?
Hi Kasia,
Thank you for getting in touch with Finder.
I’m afraid that you may not apply for an ING account since you’re on a student Visa. Basically, ING accepts applicants who are Australian residents for taxation purposes. You may refer to our list of bank accounts for international students. You can use our comparison table to help you find the lender that suits you. When you are ready, press the ‘Go to site’ button to apply.
Please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
Is ING covered by the Australian Government Guarantee ?
Hi Maree,
Thank you for contacting finder.
Yes, ING Bank is covered by the Australian Government Guarantee Scheme.
I hope this helps.
Please do not hesitate to reach out again to us if you have additional questions.
Cheers,
Ash