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ING Germany (Diba) review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

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Our verdict

ING Germany (Diba) suits people in Germany who want a current account that costs €0 to €4.90 and easy access savings paying 3.2% on a variable rate. The trade-off is currency costs: a conversion fee of 2.2% makes it a weaker pick for people who often convert money.

Key facts

Best for
A free German current account paired with easy access savings.
Monthly fee
€0 to €4.90↗
Deposit protection
EU DGS up to EUR 100,000↗
Currency conversion fee
2.2%↗
Local account details
IBAN↗
Free ATM withdrawals
€0↗
Transfer fee
SEPA online and mobile free, written SEPA 2.50 EUR, foreign-currency conversion 1.00-2.00%↗
Legal entity
ING-DiBa AG↗
Headquarters
Germany↗
Support channels
Phone, Help-centre↗
Audience
Students, Teens, Business
Pricing model
No monthly fee, Low FX fees
Features
Free ATM withdrawals, Joint account, Digital-only
Official website
ing.de

Savings

Headline rate
3.2%↗
Rate type
Variable↗
Minimum deposit
€0↗
Access terms
No fixed term or notice period, no minimum amount; deposits and withdrawals at any time, payouts only to the reference account↗
Account kind
Easy access↗

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedInfacebook.com

Pros and cons

Pros

  • Current account fees of €0 to €4.90, which puts ING at 1 of 500 brands for monthly fee.
  • Deposits are protected by EU DGS up to EUR 100,000.
  • Savings pay 3.2% at a variable rate with no minimum amount.
  • Features include free atm, joint account and digital only.

Cons

  • A currency conversion fee of 2.2% sits against a site median of 0.5% and a ranking of 239 of 312.
  • Support runs on phone and help centre only.
  • Payouts go only to the reference account registered with the bank.
ING Germany (Diba)

Ready to try ING Germany (Diba)?

Scored 8.8 / 10 by VaultCue.

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Who it suits

  • Anyone living in Germany who banks mainly in euros and wants a free current account
  • Students and teens who want a joint or digital account alongside a parent
  • Savers who want easy access to their money with a variable rate

Who should look elsewhere

  • PayPal Colombia, if you mostly need a wallet for online payments rather than a German account
  • Plazo ES, if you want a savings product outside the German system
  • Skrill, if your priority is holding several currencies in one place rather than deposit protection

Fees and currency costs

The current account carries fees of €0 to €4.90, with free cash machine use on an allowance of €0. Converting money costs 2.2%, which is above the site median of 0.5%. SEPA transfers are free online and on mobile, while written SEPA transfers and foreign currency conversion both add a charge. On the savings side, the account is easy access, so the 3.2% variable rate applies and the minimum deposit is €0.

Who runs it

ING Germany (Diba) is operated by ING-DiBa AG and is based in Germany. Supervision in Germany comes from the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) and the Europaeische Zentralbank (ECB). Deposits sit under EU DGS up to EUR 100,000. Customer service runs on phone and help centre, and account details are set up around a German IBAN.

How ING Germany (Diba) compares

Where ING Germany (Diba) is available

Available
Germany
Licence in Germany
Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), checked September 26, 2026
Licence in Germany
Europaeische Zentralbank (ECB), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does the ING current account cost each month?+

The current account charges €0 to €4.90, so the everyday banking itself is free for most customers. Cash machine withdrawals are covered on an allowance of €0. ING ranks 1 of 500 brands on monthly fee.

What rate do ING savings pay and is it fixed?+

The savings account pays 3.2% and the rate type is variable, so the return can move with the market. It is an easy access account, which means you can withdraw at any time. The minimum deposit is €0.

How much does ING charge to convert currency?+

Converting currency costs 2.2% on the current account, and foreign currency conversions on transfers add a further charge on top. That conversion fee ranks 239 of 312 brands, against a site median of 0.5%.

Is my money protected if ING fails?+

Yes. Deposits are covered by EU DGS up to EUR 100,000, the German deposit guarantee scheme. The account is run by ING-DiBa AG, a bank based in Germany and supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) and the Europaeische Zentralbank (ECB).

Can I get my money out whenever I want?+

The savings side is easy access and the minimum deposit is €0, so nothing is locked to a notice period or a fixed end date. You can move money in or out whenever you want. The one restriction worth planning around is that payouts go only to the reference account registered for you at the bank.

What can I do with the account day to day?+

The account carries free atm, joint account and digital only, which includes free cash machine use, a joint account option and a digital setup. Support is available on phone and help centre. Account details are built around a German IBAN, so this suits people banking in Germany.

Who is this account for?+

ING Germany (Diba) targets student, teen and business, and it is a natural fit for anyone living in Germany who wants a free current account. It also works for a shared household account through the joint account option. Frequent currency converters should weigh the conversion fee first.

Is there a minimum balance to open the savings account?+

No minimum amount is needed: the minimum deposit is €0. The account is easy access, so there is no fixed term to lock you in. You can start small and add money as you like.

Sources

  • bafin.de checked September 26, 2026

    Backs: Deposit protection, Licences

  • ing.de/extra-konto checked September 26, 2026

    Backs: Access terms

    “Save without fees with maximum flexibility: no fixed term or notice period, no minimum amount”

  • ing.de/girokonto checked September 26, 2026

    Backs: Audience, Local account details, Support channels

  • ing.de/girokonto/konditionen checked September 26, 2026

    Backs: Free ATM withdrawals, Features, Currency conversion fee, Pricing model, Monthly fee, Transfer fee

    “Kontofuehrung kostenlos ... Waehrungsumrechnungsentgelt: 1,00% (DKK, NOK, CAD, SEK, CHF, JPY, GBP, USD)”

  • ing.de/impressum checked September 26, 2026

    Backs: Headquarters, Legal entity

    “Die Bank hat ihren Sitz in Frankfurt am Main”

  • ing.de/sparen-anlegen/sparen/tagesgeld/konditionen checked September 26, 2026

    Backs: Account kind, Headline rate, Minimum deposit, Rate type

    “Konditionen zum flexiblen Tagesgeldkonto”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Currencies.

ING Germany (Diba)

ING Germany (Diba)

A free German current account paired with easy access savings.

8.8/10See alternatives