From ING's Facebook page:
đź’° For our savings customers:
For our new and existing Savings Maximiser customers:
🔸 We will be increasing the additional variable rate by 0.25% p.a. to 3.75% p.a.
🔸 Our standard variable rate is 0.55% p.a.
🔸 So our highest available variable rate will now be 4.30% p.a.
You can earn our highest available rate (which is made up of the standard variable rate and additional variable) on one nominated Savings Maximiser for balances up to $100,000 if you meet the monthly eligibility criteria.🏡 For our home loan customers:
🔸 We will be increasing all new and existing owner occupier and investor variable home loan rates by 0.25 % p.a.
🔸 Interest only repayments – increased repayments starting 1 December 2022.
🔸 Principal and Interest repayments – increased repayments starting 29 December 2022.
🔸 Existing home loan customers will be sent a letter from 30 November 2022 confirming your new rate and new repayment information.All variable rate changes will be effective from 8 November 2022.
I am in the same position but the only ones that you need to transfer into to keep active are the ones where you need to qualify for the bonus in the prior month eg. AMP, Bank of Queensland Smart Saver, and ING. The ones where the bonus activates in the current month you can activate when you want to use again as long as there is time for the transactions to settle.