Savings for young people

ING Green Savings Account and ING Orange Savings Account

The ING Life Savings Plan Junior gives a guaranteed return and advantageous tax benefits.
  • You choose the account for your child

  • Your child's savings are safe

  • You can keep a constant eye on things

Savings: start early, start smart. As a parent, you no doubt want to teach your child everything they need to know on the road to independence. Which includes how to save. Children who learn how to handle and save money from a young age will be a lot more confident in their finances later.

You have a choice between the ING Green Savings Account and ING Orange Savings Account. Both accounts offer a base interest of node=/RATES/GREENBOOK/GB_RATE;replace=html% and a fidelity premium of node=/RATES/GREENBOOK/GB_LOYALTY;replace=html%.​​


You pay no fees or charges on this savings account

Both opening and managing this account are free of charge. Transfers are also free of charge. You can make transfers yourself online, or via your smartphone or tablet. And if you link this savings account to an ING current account, you can also make deposits at a Self'Bank.

You can open this account online or at an ING branch

If you are already an ING custo​mer, the easiest way to open either savings account is via Home’Bank. Of course, you can also open them at your branch if you prefer.

If you are not an ING customer yet, no problem. You can open your ING Green Savings Account or ING Orange Savings Account at any ING branch.

If your child is over 12 years of age, be sure to have their identity card with you when you open the account.


Both accounts are regulated savings accounts subject to Belgian law. It is prohibited by law to charge negative interest rates on these accounts and ING will never do this.
And what if ING were to go bankrupt? The government deposit guarantee scheme protects your savings up to 100,000 euros. The scheme does not cover savings above this amount, however, which could be lost or subjected to a reduction or share conversion (bail-in).

You choose how much, how often and for how long your save

Every month or every now and then… With deposits of any desired amount. The choice is yours. For 1 month, 1 year, 10 years or more. In any case, for as long as you like. You or your child can make the deposits online, via a smartphone or tablet or at a Self’Bank machine or ING branch.

You retain full access to the money on this account until your child turns 18. Simply transfer the desired amount to your current account. On your child’s 18th birthday, their savings account will revert to them and you will no longer have control over it.

You always keep an eye on things

If you want to teach your child how to save but want to keep control over their savings account, then these accounts are the perfect solution. Before your child turns 18, they will only be able to access the money on their ING Orange Savings Account if you allow it. Similarly, your child will only be able to access the funds on their ING Green Savings Account under your supervision.

You pay no tax on your interest

If the interest on the savings account is less than node=/RATES/GENERAL/EXEMPTION;replace=html euros, you will not pay the node=/RATES/GENERAL/EXEMPTION_PERCENT;replace=html% withholding tax.

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.

You can easily monitor your account balance and interest via your account statements, Home'Bank and our apps for smartphone and tablet.

No surprises with these savings accounts

Both the ING Green Savings Account and the ING Orange Savings Account are savings accounts with clear and simple terms and conditions. This page tells you all you need to know. However, we do recommend that you read the following useful documents before opening an account, to be informed of all the details.

Essential information for savers

Not 100% satisfied?

Contact ING Complaint Management, Cours Saint-Michel / Sint-Michielswarande 60, 1040 Brussels. Call +32 2 547 61 02 or send an e-mail to

If you have already been in contact with ING, you can also contact the ombudsman for banking disputes: Ombudsfin, node=/RATES/GENERAL/Ombuds_EN;replace=html. Call +32 2 545 77 70 or send an e-mail to

Close this savings account?

You have this savings account but want to close it? Discover how to close your savings account online.


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Back to Savings accounts