Rabobank High Interest Savings Account vs ING Savings Maximiser
Rates and conditions verified 14 June 2026
Rates can change without notice. Last verified: 14 June 2026 (AEST). Please confirm details on the bank’s official page.
An intro-rate leader versus an ongoing-bonus stalwart. Rabobank's headline rate is high but introductory; ING's bonus rate is lower but lasts as long as you meet the conditions. Which earns more over time?
At a glance
| Rabobank High Interest Savings Account | ING Savings Maximiser | |
|---|---|---|
| Maximum rate (p.a.) | 5.90% | 5.50% |
| Ongoing / base rate (p.a.) | 4.00% | 0.01% |
| Condition to earn it | None for the intro rate — new customers, balances up to $250k | Deposit $1,000+ and make 5+ card purchases each month |
Rabobank High Interest Savings Account
Condition: None for the intro rate — new customers, balances up to $250k
Best for: savers chasing the top rate for the next few months who'll move again when the intro period ends
- • Top headline rate — but introductory for 4 months
- • No monthly conditions during the intro period
- • Reverts to a lower ongoing rate, so it rewards rate-chasers
ING Savings Maximiser
Condition: Deposit $1,000+ and make 5+ card purchases each month
Best for: savers who want a rate that stays competitive for the long haul without re-applying elsewhere
- • Ongoing bonus rate — no expiry as long as conditions are met
- • Requires monthly deposit + card spend
- • Better for a long-term home than an intro-only rate
The verdict
Rabobank wins the headline, but it's an introductory rate that reverts after four months — great if you're willing to chase rates and move on. ING's bonus rate is lower but it's ongoing, so over a full year a conditions-meeting ING balance can out-earn a Rabobank balance that drops to its revert rate. If you'll diligently switch when the intro ends, Rabobank's a fine short-term home; if you'd rather set and forget, ING is the steadier choice. Compare the ongoing (revert) rates below — that's what Rabobank pays after month four.
FAQs
Is Rabobank's rate ongoing or introductory?
Introductory. Rabobank's headline rate is a four-month intro for new personal customers on balances up to $250k, after which it reverts to a lower ongoing rate. ING's bonus rate, by contrast, is ongoing for as long as you meet the monthly conditions.
Which pays more over a full year?
It depends on whether you move. If you take Rabobank's intro rate and then switch to another leading rate when it reverts, you can stay ahead. If you set and forget, ING's ongoing bonus rate (when conditions are met) typically beats Rabobank's lower revert rate over twelve months.
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Information verified 14 June 2026. Rates are variable and subject to change. Confirm current rates and conditions on each provider's website before applying. This is not financial advice.