What is an ING Performance Account?
It is a deposit account with a high interest
rate. It must be linked to an ING current account to which you can
transfer part of your capital at any time.
Duration
- The maximum term of an ING Performance
Account is two years. You can close your account whenever you like
within this period.
- After two years, we will automatically
transfer your initial capital plus the interest to your ING current
account.
Return
- Each year you will receive an annual base
rate, plus an extra bonus after two years.
- The interest on an ING Performance Account is
paid out at the end of the 2-year savings period or at the time of
an early full withdrawal. No interest is paid out at the end of the
first year.
Taxation
Withholding tax is levied on the interest. At
the present time it is 15%.
Charges
The opening and management of an ING
Performance Account is free of charge.
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