Interest Rates

I want a Savings account that gives me More!

Earning high interest rates is straight forward with ING DIRECT.

ING DIRECT Savings Maximiser

7.90%pa - conditions apply

Special promotional variable rate on all eligible deposits from 23 June to 31 October 2008. Conditions apply.

ING DIRECT Term Deposits

Effective 29 August 2008 and subject to change

30 day: 7.10% pa
90 day: 7.50% pa
180 day: 7.60% pa
1 year: 7.50% pa
2 year: 6.85% pa

Fixed rate of interest for the duration of the term. Only available as a personal account.

DIY Super (ING DIRECT Business Optimiser)

BO 6.85%pa

Standard variable rate and subject to change (effective 23/06/08).

Important InformationImportant Information

If you’re a new customer, open a Savings Maximiser account from 23 June 2008 and receive a special promotional rate of 8.00% p.a. on the balance of your account until 31 October 2008.

If you're an existing customer, everything above the balance of your Savings Maximiser as at 11.59pm on 24 April 2008 earned a special promotional rate of 7.90% p.a. interest from 9 May 2008 until 22 June 2008. On 23 June 2008 this special promotional interest rate increased from 7.90%pa to 8.00%pa variable. Everything below the balance of your Savings Maximiser as at 11.59pm on 24 April 2008 earns the standard Savings Maximiser variable interest rate applicable at the time. The special promotional interest rate ends on 31 October 2008.

As at Monday 23 June 2008, the promotional rate which will be applied is 8.00% p.a. variable interest. The promotional interest will be calculated daily and paid on the last day of each month from 23 June to 31 October 2008.  From 1 November 2008, the interest rate that applies to all amounts in your account will be the standard Savings Maximiser variable interest rate at that time. The current standard Savings Maximiser rate is 7.00% p.a. variable interest. Interest rates are subject to change.

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 or your DIY Super Fund or Trust. Before making any decision in relation to any of our products you should read the appropriate terms and conditions document available under our Brochures & Forms page. To view these documents you may need Adobe Acrobat. The ING DIRECT savings products are issued by ING DIRECT, a division of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823.