With a savings Deposit, you can lock in your money for a longer period of time. You decide the term, make a one-off deposit and benefit from a fixed interest during the term. The minimum deposit for an ING savings deposit is €500.
"}},{"componentType":"sectionTitle","title":"Terms and interest rates"},{"componentType":"paragraph","richBody":{"value":"You'll receive a fixed interest, which may vary per term. The interest rate is fixed and on an annual basis. The interest rate won't change for the duration of the term.
Term | Interest for deposits from €500 - €10,000 | Interest for deposits from €10,000 or above |
1 year* | %{Profile.Fixe:Spaardeposito.1jtot10K.EN}% | %{Profile.Fixe:Spaardeposito.1jrmeerdan10K.EN}% |
3 years* | %{Profile.Fixe:Spaardeposito.3jr.EN}% | %{Profile.Fixe:Spaardeposito.3jr.EN}% |
5 years* | %{Profile.Fixe:Spaardeposito.5jr.EN}% | %{Profile.Fixe:Spaardeposito.5jr.EN}% |
*These rates apply as of %{Profile.Fixe:Spaardeposito.datum}%. Interest rate changes reserved.
"}},{"componentType":"accordion","accordionList":[{"title":"How are the interest rates calculated?","richBody":{"value":"Imagine the following:
Annual interest: 1.50% x €25,000 = €375
"}}]},{"componentType":"paragraph","richBody":{"value":"At the end of the term, your deposit plus interest will be automatically transferred to your ING savings account with a variable interest rate.
For terms longer than one year, the interest is paid out annually and also deposited into your ING current account. During the term, interest will not be compounded on your savings deposit.
"}},{"componentType":"sectionTitle","title":"The difference between an ING savings deposit and a savings account"},{"componentType":"paragraph","richBody":{"value":"There are a number of differences between a savings deposit and a variable savings account. Here they are at a glance:
"}},{"componentType":"comparisonCards","comparisonCardList":[{"title":"Savings deposit","usps":[{"body":"Fixed interest rate for the duration of the term","iconType":"check-mark"},{"body":"Money can be withdrawn in some cases*","iconType":"check-mark"},{"body":"Additional deposits are not possible for the duration of the term","iconType":"check-mark"}]},{"title":"Savings account (Oranje Spaarrekening)","usps":[{"body":"Variable interest rate; may change on a daily basis","iconType":"check-mark"},{"body":"Money is free to withdraw","iconType":"check-mark"},{"body":"Easily deposit and withdraw money","iconType":"check-mark"}]}],"title":"Savings deposit,Savings account (Oranje Spaarrekening)"},{"componentType":"paragraph","richBody":{"value":"*Withdrawing money from a savings deposit during the term may come at additional costs. Read more about withdrawing money from a savings deposit.
"}},{"componentType":"sectionTitle","title":"Open an ING savings deposit"},{"componentType":"paragraph","richBody":{"value":"You can easily and quickly open an ING savings deposit in the ING app or online in My ING.
"}},{"componentType":"cta","textLink":{"url":"https://mijn.ing.nl/banking/content/personal/products/savings/savings-deposit","text":"Start saving"}},{"componentType":"paragraph","richBody":{"value":"If you're not using My ING or the mobile banking app yet, we'd be happy to help you get started at an ING service point or branch. If you'd like to visit a branch, please make an appointment first.
Please note: we cannot open a savings deposit for you at an ING service point or branch. We can only help you open one with (an application for) My ING or the mobile banking app.
"}},{"componentType":"sectionTitle","title":"Good to know"},{"componentType":"paragraph","richBody":{"value":"No, you can't. You make a one-off deposit. You can, however, open multiple savings deposits.
"}},{"title":"Can I withdraw money from my ING savings deposit before the fixed term ends?","richBody":{"value":"If you withdraw money from the deposit before the end of the fixed term, charges may apply.
"},"textLinks":[{"url":"/particulier/sparen/tussentijdseopname-spaardeposito","text":"Learn more about withdrawals during a fixed term and potential withdrawal fees"}]},{"title":"Can I cancel an ING savings deposit before the fixed term ends?","richBody":{"value":"A savings deposit is meant for you to lock in your money for a longer period of time. But we get it – sometimes you need extra cash. That's why you can always withdraw money from your savings deposit or even cancel it. Do note this may come at an additional cost.
"},"textLinks":[{"url":"/particulier/klantenservice/bankzaken-beginnen-of-beeindigen/spaarrekening-vaste-rente-opzeggen","text":"Learn more about cancelling your ING savings deposit"}]},{"title":"Is it wise to lock my money into a savings deposit?","richBody":{"value":"Depending on your personal situation, you may benefit more from a savings deposit than a variable savings account. The downside is that your money is locked in for a fixed term. Before opening a savings deposit, you should ask yourself if you're going to need that money during the term.
"}},{"title":"How safe is a savings deposit?","richBody":{"value":"Very! You can't lose your deposit and the interest rate is fixed, so it can't change during the term. What's more, savings deposits are covered by the Dutch Deposit Guarantee. This means that your money is legally protected up to €100,000. This protection applies per bank and per person.
"},"textLinks":[{"url":"/particulier/sparen/depositogarantiestelsel","text":"Learn more about the deposit guarantee scheme"}]},{"title":"Will I pay taxes over the money in my savings deposit?","richBody":{"value":"The Netherlands Tax Administration sees your savings as part of your assets. You pay tax on assets in box 3. This is called capital gains tax. If you're looking to save on taxes, the ING green savings deposit (Groen Spaardeposito) might interest you.
"},"textLinks":[{"url":"/particulier/sparen/groen-spaardeposito","text":"Learn more about the ING green savings deposit"},{"url":"/particulier/sparen/belastingvoordeel-groen-spaardeposito","text":"Read more about asset tax and partial tax-free savings"}]}]},{"componentType":"linkList","iconTitle":{"title":"More about saving"},"textLinks":[{"url":"https://assets.ing.com/m/f2462df8acc0901b/original/Voorwaarden-Spaardeposito.pdf","text":"Savings deposit terms and conditions (PDF)"},{"url":"https://assets.ing.com/m/7f11e55c3ba8cfa3/original/ING_conditions_savings_deposit_tcm162-249314.pdf","text":"Conditions savings Deposit (PDF)"},{"url":"/particulier/sparen/renteberekening-op-je-spaarrekening","text":"Current savings rates"},{"url":"/particulier/sparen/meer-dan-sparen","text":"More than just saving"},{"url":"/particulier/beleggen/beleggen-bij-ing/sparen-of-beleggen","text":"Saving and investing"},{"url":"/particulier/sparen/groen-spaardeposito","text":"Green savings deposit"},{"url":"/particulier/sparen/oranje-spaarrekening","text":"Open a savings account"}]}]}}}