How do I qualify for extra interest on Savings Booster?

How to get the Welcome and Boost rate?

How do I qualify for the Savings Booster Welcome rate?

You’ll receive the variable Welcome rate on your first Savings Booster if you (and any other joint account holder) have never held a personal savings account with ING before. The Welcome rate applies for the first 4 months on balances up to $500,000.

For full eligibility criteria and the latest Savings Booster interest rates, check out https://www.ing.com.au/rates-and-fees/savings-interest-rates.html.

How do I qualify for Boost rate on the Savings Booster?

To qualify for the variable Boost rate, your balance at the end of the month must be at least $100 higher (excluding any interest earned) compared to your balance at the end of the previous month.

Interest on your Boost rate is calculated daily and paid on the last day of each month the eligibility criteria is met.

Eligibility is assessed at the end of each month and, if met, interest on the Boost rate is paid that same month on balances up to $500,000.

For the latest Savings Booster interest rates, check out https://www.ing.com.au/rates-and-fees/savings-interest-rates.html.

How can I track my progress to meet the monthly Boost rate criteria?

Simply log in to your ING app or online banking to see what your balance was at the end of last month.

To qualify for the Boost rate this month, your balance must be at least $100 higher at the end of current month (excluding any interest earned) compared to your balance at the end of the previous month. 

Eligibility for the Boost rate is assessed at the end of the month.