BOQ vs ING savings accounts
BOQ Future Saver can look strong if you are aged 14 to 35 and can use the linked Everyday Account setup, but that age cap is the first eligibility test. ING Savings Maximiser is broader on age eligibility, but its best rate depends on monthly deposit, card-purchase, and balance-growth rules.
By Savings Planner · Guide updated 22 Sept 2026 · Rates checked
See the key differences
As of 14 Oct 2026, BOQ Future Saver Account advertises 6.00% p.a. (first $50,000), which requires you to ages 14–17: no monthly deposit or card-spend conditions for the bonus rate and for customers aged 18 to 35, deposit at least $1,000 from another Australian bank each month and for customers aged 18 to 35, make at least 5 card purchases each month, while ING Savings Maximiser advertises 5.75% p.a. (up to $100,000), which requires you to deposit at least $1,000 each month and make at least 5 card purchases each month and finish the month with a higher balance than you started with.
| Comparison point | BOQ | ING |
|---|---|---|
| Product | Future Saver Account | Savings Maximiser |
| Advertised rate | Up to 6.00% p.a. | 5.75% p.a. |
| Intro offer | None shown | None shown |
| Ongoing rate | Up to 6.00% p.a. | 5.75% p.a. |
| How to earn the best rate | Ages 14–17: no monthly deposit or card-spend conditions for the bonus rate. + more | Deposit at least $1,000 each month. + more |
| Linked account needed | Requires a linked Everyday Account account. | Requires a linked Orange Everyday account. |
| Withdrawal restriction | None shown | None shown |
| Age limits | Available to ages 14 to 35. | None shown |
| No hoops | No | No |
| Other notes | Bonus-rate conditions vary by age. + more | Conditions are assessed on a calendar-month basis. + more |
If you are under the BOQ age cap
BOQ Future Saver is the account to inspect first if you are within its 14 to 35 age window. The headline rate may be competitive for eligible younger savers, and customers aged 14 to 17 have the bonus criteria waived in the current structured product data.
For customers aged 18 to 35, the comparison becomes less automatic because BOQ adds linked-account, monthly-deposit, and card-purchase requirements. Check the balance tiers as well, because the strongest BOQ rate does not apply the same way across every dollar of a larger balance.
If you need broader eligibility
ING Savings Maximiser may be the more realistic account to compare if you are outside BOQ's age range or do not want an age-limited product. Its eligibility is broader, but the best rate still depends on using a linked Orange Everyday account and meeting the monthly behaviour rules.
That makes ING a condition-sensitive option rather than a simple fallback. It can suit disciplined savers who can deposit, spend, and grow the nominated balance each month, while BOQ is narrower but may reward eligible younger savers who fit its rules.
Other comparisons with BOQ or ING
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We use the current Savings Planner product dataset to compare savings accounts by rate model, eligibility rules, bonus conditions, balance caps, intro periods, and projected interest where the page uses a calculated scenario.
Rates last checked: .
This guide is general information only and is not personal financial advice. Check the official bank page before acting, especially if the rate, conditions, or eligibility rules matter to your decision.
For independent background, see Moneysmart on savings accounts and the government's Financial Claims Scheme, which protects deposits up to $250,000 per account holder per bank.