ING Green Savings Account
Choose the free of charge, classic savings account, online and mobile
With this classic savings account, you can save the way you want. Online on your PC or your smartphone and tablet, or at a Self'Bank. All free of charge, of course.
Free of charge account
There are no charges for opening or managing your classic savings account.
Not an ING customer yet? This classic savings account is for you too.
Your money is always accessible
You can withdraw your money at any time, with no restrictions.
Savings? Absolutely. With a bit of money set aside in a savings account, no need to worry about unforeseen expenses: the washing machine breaking down, the car starting to act up, etc.
Why not choose a classic savings account such as ING's Green Savings Account? The non-term regulated savings account. It offers a basic rate of 0.01% and a fidelity premium of 0.10%.
Interest rates are expressed on an annual basis and may be changed at any time. You can find the current rate online or at any ING branch. If the rate changes, we inform account holders through their bank statements. The account balance can easily be viewed via bank statements, Home'Bank and smartphone and tablet apps.
Flexible management, online and free of charge:
There are no charges for opening this savings account
Managing this account is absolutely free. Transfers are free too. You make them yourself online or on your smartphone or tablet. Do you have an ING Current Account linked to your savings account? Then you can also make transfers at a Self'Bank.
Do you already hold one of these savings accounts and wish to close it? This is how you close it online.
You choose how much you save and for how long
Whenever you can, every month or once a year. 0 euros or 10 euros or even 100 euros at a time. You decide. For 1 month, 1 year, 10 years or for as long as you want. You make the deposits yourself online or on your smartphone or tablet.
You have access to your money whenever you need it. Just make a transfer to your current account and that’s it!
This regulated savings account is subject to Belgian legislation and the law prohibits posting negative interest to the account. ING will therefore not do so.
What would happen if ING went bankrupt?
Your savings are protected under the deposit guarantee system (PDF), up to a total of 100,000 euros. The rest is not covered. The capital of the amount of receivables held at the financial institution may be lost or reduced/converted to shares (bail-in). For more information take a look at the key information for savers (PDF).
- You pay no tax on your interest
- The interest you earn on your ING Green Savings Account up to 980 euros is exempt from the standard 15% withholding tax. If you are married or legally cohabiting, your joint ING Green Savings Account will be exempt from withholding tax for all interest earned up to twice that amount: i.e. 1960 euros per couple (for the 2019 income year).
- We automatically pay your interest into your savings account
- You receive your base interest annually on 1 January. You receive your fidelity premium after 12 consecutive months. You will receive this interest at regular intervals (every 3 months) on 1 January, 1 April, 1 July and 1 October.
It is a simple savings account. This page contains all the information you need. But before opening an account, we advise you to read these helpful documents so that you are familiar with all the details.
Everything you need to know about ING Green Savings Account
This free account is a non-term, regulated savings account (Subject to Belgian law). There is no minimum amount to deposit when you open your account. Equally, you can deposit as much you want in your account: there is no maximum limit.
Basic rate of 0.01% and fidelity premium of 0.10%. Interest rates are expressed on an annual basis and may be changed at any time. You can find the current rate online or at any ING branch. If the rate changes, we inform account holders through their bank statements. The account balance can easily be viewed on bank statements, via Home'Bank and the smartphone and tablet apps.
Provided your interest is no more than 980 euro, you do not pay withholding tax. If your interest exceeds 980 euros, you will pay withholding tax at 15% (per taxpayer for 2019 income, 2020 tax year).
What happens if a financial institution goes bankrupt?
Your first 100,000 euros of savings are protected by the deposit protection system (PDF). Above this protected total, there is no cover: the capital of the amount of receivables held at the financial institution may be lost or reduced/converted to shares (bail-in). For more information take a look at the key information for savers (PDF).
Not 100% satisfied?
Contact us online: www.ing.be/complaints, call us: +32 2 464 60 04 or send us a letter: ING Complaint Management, Cours Saint-Michel/Sint-Michielswarande 60, 1040 Brussels.
Have you already been in touch with ING? You can also contact Ombudsfin, North Gate II, Avenue Roi Albert II 8, 1000 Brussels, call +32 2 545 77 70 or send an email to firstname.lastname@example.org.
With this account it is really easy to save. But before opening an account, we advise you to read these documents:
- Key information for savers (PDF)
- General information regarding accounts and cards (PDF)
- Regulations for the Green Savings Account (PDF)
- Charges applied for normal banking operations for private individuals (PDF)
- Tariff of bank charges for normal operations for legal entities (PDF)
- Deposits protection information sheet (PDF)
These documents are always freely available on our website and from any ING branch.
ING Belgium SA, a public limited company under Belgian law – registered office: avenue Marnixlaan 24, 1000 Brussels - Belgium