ING vs Macquarie Savings Accounts (2026)
A side-by-side, data-driven comparison of two of Australia’s most-compared savings accounts, using live Open Banking rates (24 August 2026).
ING
5.49%
- Rate typeBonus (conditional)
- Base rate0.01%
- ConditionsMonthly conditions
- Bonus cap—
- FeeNo fee
Macquarie
5.35%
- Rate typeIntroductory
- Base rate5.00%
- ConditionsIntro rate
- Bonus cap$250,000
- FeeNo fee
On the headline maximum rate, ING leads today (5.49% vs 5.35%) — but the right pick depends on whether you can meet monthly conditions and how long you’ll hold the balance. ING requires monthly conditions; Macquarie is an intro rate that reverts.