A Private Banking Savings Deposit is suitable for assets you know you will not need in the short term. By setting these assets aside for an agreed period, you bring structure to your overall wealth and align your choices more closely with your planning.
"}},{"componentType":"sectionTitle","title":"Term and deposit amount"},{"componentType":"paragraph","richBody":{"value":"With the Private Banking Savings Deposit, you agree on the term and deposit amount in advance. You choose a fixed period that aligns with when you want these funds to become available again. This allows you to tailor the savings deposit to your plans, timing, and broader wealth strategy.
When opening a Private Banking Savings Deposit, the interest rate is agreed in advance for the full term. This rate applies on an annual basis and remains unchanged throughout the period. This way, you know in advance what to expect for this part of your assets.
Example
You place €500,000 in a savings deposit at a fixed interest rate of 2% per year. This means you accrue €10,000 in interest annually. With a term of six months, the interest amounts to €5,000.
Together with your Relationship Manager, you can open a Private Banking Savings Deposit. This can be done for both personal and business purposes, depending on how your assets are structured. Together, you review the desired term, the deposit amount, and the role this savings deposit plays within your overall wealth. This ensures it aligns with what you want to set aside now and when you want to be able to act again.
Please contact your Relationship Manager if you would like to open a Private Banking Savings Deposit.
"}},{"componentType":"sectionTitle","title":"Security for your savings"},{"componentType":"paragraph","richBody":{"value":"The funds you hold in a Private Banking Savings Deposit are covered by the Dutch Deposit Guarantee Scheme. This means that savings of up to €100,000 per person, per bank are legally protected.
Read more about the Dutch Deposit Guarantee Scheme or visit the ING webpage on the deposit guarantee scheme for more information.
"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"accordionList":[{"richBody":{"value":"A Private Banking Savings Deposit is a savings product that allows you to set aside part of your assets for a pre-agreed term at a fixed interest rate. It is intended for assets you deliberately reserve for a later moment, within your broader wealth strategy.
"},"title":"What is a Private Banking Savings Deposit?"},{"richBody":{"value":"A savings deposit is suitable for customers who want to set aside part of their assets for a certain period, for example because it has a specific purpose at a later stage.
The savings deposit is available to both personal and business Private Banking customers.
"},"title":"Who is a Private Banking Savings Deposit suitable for?"},{"richBody":{"value":"With a savings deposit, you place your money for a fixed term and receive a fixed interest rate. The Private Banking Savings Account is intended for assets you want to keep available, so you can act when needed.
"},"title":"What is the difference between a Private Banking Savings Deposit and a Private Banking Savings Account?"},{"richBody":{"value":"The interest rate is agreed in advance for the full term, applies on an annual basis and remains unchanged throughout the period. At the end of the term, accrued interest is paid out.
"},"title":"How is interest on a Private Banking Savings Deposit calculated?"},{"richBody":{"value":"For personal savings deposits, early withdrawal may be possible under certain conditions. This is not available for business deposits.
"},"title":"Can I withdraw my savings before the end of the term?"},{"richBody":{"value":"At the end of the term, the accrued interest is credited to your Orange Savings Account or Business Orange Savings Account.
"},"title":"What happens at the end of the fixed term?"},{"richBody":{"value":"Yes, you can hold several Private Banking Savings Deposits at the same time. This allows you to align different amounts and terms with different plans and moments when funds need to become available again.
"},"title":"Can I hold multiple savings deposits at the same time?"},{"richBody":{"value":"The minimum deposit amount is €250,000. There is no maximum deposit amount.
"},"title":"What is the minimum deposit for a Private Banking Savings Deposit?"},{"richBody":{"value":"You apply for a Private Banking Savings Deposit through your Relationship Manager. Together, you discuss the term, the deposit amount, and how the savings deposit fits your financial situation and plans.
"},"title":"How do I apply for a Private Banking Savings Deposit?"},{"richBody":{"value":"If you open a savings deposit as a personal customer, the terms and conditions for personal savings deposits apply. For savings deposits opened as a business customer, the business terms and conditions apply.
"},"title":"What are the terms and conditions of a Private Banking Savings Deposit?"}],"componentType":"accordion"},{"componentType":"linkList","iconTitle":{"title":"Shortcut to"},"textLinks":[{"text":"Overview savings rates","url":"/en/private-banking/savings/savings-rates"},{"text":"Secure banking","url":"/en/private-banking/daily-banking/secure-banking"},{"text":"Historical interest rates personal","url":"/particulier/sparen/historische-rentetarieven"},{"text":"Historical interest rates business","url":"/en/business/savings/historical-savings-rates"}]}]},"hasMacro":false,"id":"e3c93aab-e27e-4ea2-836b-d97eed62f20a","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Saving","url":"/en/private-banking/savings"}},"componentType":"productHeader","coreHeader":{"headerImage":{"altTextNL":"\"\"","extension":"jpg","original":"https://assets.ing.com/m/2b40064e99fbd378/original/Couple-relaxing-in-hammocks-on-holiday.jpg","transformBaseUrl":"https://assets.ing.com/transform/bddf1ea1-4f26-4c94-b784-d625c1790592/Couple-relaxing-in-hammocks-on-holiday","type":"image","width":5393},"subtitle":"For assets you deliberately set aside for a future moment","title":"Private Banking Savings Deposit"},"cta":{"componentType":"cta","textLink":{"text":"Make an appointment","url":"/en/private-banking/customer-service"}},"usps":[{"body":"Fixed interest rate, providing a predictable return","icon":{"altTextNL":"\"\"","extension":"svg","original":"https://assets.ing.com/m/1a6f106eb84072c2/original/Devices-Stop_Watch_Outline.svg","transformBaseUrl":"https://assets.ing.com/transform/181f14d5-5b2d-41a8-b83d-902fd70bd151/Devices-Stop_Watch_Outline","type":"image","width":32}},{"body":"Strategic allocation within your overall wealth strategy","icon":{"altTextNL":"\"\"","extension":"svg","original":"https://assets.ing.com/m/2e4b46c787db84e0/original/Products-Moneybag_Outline.svg","transformBaseUrl":"https://assets.ing.com/transform/c549a4cb-c50a-4d19-8a0e-ef371e9b4f6b/Products-Moneybag_Outline","type":"image","width":32}},{"body":"Personal advice through your Relationship Manager","icon":{"extension":"svg","original":"https://assets.ing.com/m/6fdd95a02877b959/original/Persons-Avatar_Business_Outline.svg","transformBaseUrl":"https://assets.ing.com/transform/0b337436-a72a-4415-a6d1-3c30ec5c303e/Persons-Avatar_Business_Outline","type":"image","width":32}}]},"publishDate":"2026-07-06T15:31:39.701+02:00"}}