Term account up to 1 year

ING Term Account

An ING Term Account comes made to measure with a fixed, guaranteed return.
  • Save up to 1 year at a fixed interest rate

  • Calculate your return in advance

  • Be sure your money is 100% safe

Do you have a sum of money you do not need to use for the time being? Want to be sure of your return? An ING Term Account may well be for you! You deposit an amount as a lump sum on this non regulated savings account and leave it on the account for the entire term. You will receive the entire sum with interest at maturity.

You can easily track your account balance via your account statements, Home’Bank or our apps for smartphone and tablet. ​​

You know your return from the beginning

The interest rate is fixed in advance and depends on the amount on the account, the currency and the term. It remains the same for the entire savings term.

You choose for how long you save

For a term account in euros ?

  • You choose a term between 1 day and 1 year.

For a term account in another currency?

  • For US dollar, British pound and Swiss franc accounts, you choose a term between 1 day and 12 months.
  • For other currencies you can choose a term between 2 days and 12 months.

The interest is calculated from the first to the second-last day of the savings term.

You choose how much you save from a minimum of 1,000 euros

  • For a euro term account, the minimum amount is 1,000 euros.
  • For other currencies, your initial deposit must be the equivalent of to 5,000 euros.

We automatically deposit the interest into your ING current account

At maturity we deposit your interest into the ING current account or ING investment account linked to your term account. You can easily monitor your account balance and interest via your account statements, Home'Bank or our apps for smartphone and tablet.

If you decide to extend the term, you can also leave the interest in the account to increase the yield of your savings even more.


This account is subject to Belgian law.
What if ING were to go bankrupt? The deposit guarantee scheme protects your savings up to 100,000 euros. It does not cover anything above that amount, which could potentially be lost or subjected to a reduction or share conversion (bail-in).

You do not have to declare the interest on your personal income tax return

You pay a node=/RATES/GENERAL/ONR_VOORH;replace=html% withholding tax on the interest of your ING Term Account. This withholding tax is "discharging", which means that you do not have to include it in your tax return.

You pay no fees or charges with this term account

Both opening and managing the account are free of charge.

There is no need to visit an ING branch to open the account.

You can open your term account via Home'Bank or an ING branch. Everyone aged 18 or over with an ING current account or investment account can open an ING Term Account. If you are under 18, your parents or legal guardian will need to open the term account.

If you are already an ING customer, you can open your term account easily and quickly via Home’Bank.

No surprises with this term account

This account is a simple term account This page tells you all you need to know. However, before you open an account, we recommend that you read the following useful documents in order to obtain the full details.

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 plaintes@ing.be.

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 ombudsman@ombudsfin.be.


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