Any Updates on ING Saver Interest Hike in Line with The Latest RBA Update. BOQ Is 5.15 Now

BamOz on 06/03/2023 - 11:52
Last edited 06/03/2023 - 11:52

With last interest rate hike by RBA, BOQ has hiked interest rate on its “Future Saver” account to 5.15%, probably the highest in Australia and seems to be the highest since 2013.

Does anyone have any insights if ING will follow through ?. They have been one of the quicker ones to pass hike interest rates on savings but no comms yet and they are still sitting at 4.8%.

Also, Ubank is 4.35% and no hike in line with the recent update

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Comments

  • kerfuffle on 06/03/2023 - 12:07
    +3

    Ubank is 4.35% and no hike in line with the recent update

    Have you been living under a rock? There was a hike from 4.1%. They just announce it basically same day that RBA announce theirs, but don't implement it until the 1st of the following month.

    • BamOz on 06/03/2023 - 13:48
      -2

      Thanks for helping me out of the rock :-)

  • Ghost47 on 06/03/2023 - 13:29
    +2

    The next RBA update is tomorrow. UBank already hiked its rate from the Feb decision.

    • BamOz on 06/03/2023 - 13:49

      Thanks. Hopefully ING passes that on

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