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ING review

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

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

ING is an easy access account for freelancers whose deposits sit under EU DGS up to EUR 100,000, the European guarantee scheme. It suits anyone paid in euros who wants everyday banking kept simple, with a headline rate of 3.75% on the savings side, and the overall score here is 4.1.

Key facts

Best for
A fee free euro current account for freelancers who want a joint option
Monthly fee
€0↗
Deposit protection
EU DGS up to EUR 100,000↗
Currency conversion fee
2%↗
Local account details
IBAN↗
Free ATM withdrawals
€0↗
Transfer fee
Free: SEPA and instant SEPA transfers 0 EUR↗
Legal entity
ING Bank N.V.↗
Headquarters
Netherlands↗
Founded
1991↗
Support channels
Email, Chat, Phone, Help-centre↗
Audience
Freelancers
Pricing model
No monthly fee
Features
Joint account, Digital-only
Official website
ing.com

Savings

Headline rate
3.75%↗
Account kind
Easy access↗

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
Google Play
Elsewhere
WikidataWikipediaLinkedInXyoutube.com

Pros and cons

Pros

  • Support runs on email, chat and phone, so a call, a chat thread and written help are all in the box.
  • The provider is ING Bank N.V., running since 1991 from NL.
  • Payments in come through iban, so clients can pay you the standard euro way.

Cons

  • Currency conversion costs 2%, above the 0.22% seen across everyday accounts here.
  • Cash is not part of the free offer: the free withdrawal allowance is €0.
  • Counter service is not among its listed features (joint account and digital only), which cover digital only access.
ING

Ready to try ING?

Scored 9.1 / 10 by VaultCue.

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Who it suits

  • Freelancers billing in euros who want money accessible without a lock in period.
  • Anyone sending and receiving SEPA and instant transfers across the euro area.
  • Couples or pairs of partners who want a joint balance.

Who should look elsewhere

  • Skrill, if currency conversion is the main cost, because Skrill charges 3.99% against 2% here.
  • bunq, for anyone who would rather convert at 3% than 2%.
  • PayPal Colombia, for people who want a wallet for online payments with a monthly fee of $0 instead of a current account.

Fees and currency costs

The monthly fee is €0, so there is no standing charge for keeping the account open. Euro area payments are free: Free: SEPA and instant SEPA transfers 0 EUR. The cost to watch is currency conversion at 2%, which applies when you spend or send money in a currency other than the euro, so overseas spending adds up faster than the monthly fee does.

How ING compares

Where ING is available

Available
Australia, Belgium, France, Germany, Italy, Luxembourg, Netherlands, Poland, Romania, Spain, Turkey
Licence in Netherlands
European Central Bank (Single Supervisory Mechanism), checked September 26, 2026
Licence in Netherlands
De Nederlandsche Bank (DNB), checked September 26, 2026
Licence in Netherlands
Autoriteit Financiele Markten (AFM), checked September 26, 2026

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

Frequently asked questions

How much does the ING account cost each month?+

The monthly fee is €0, the same as the €0 median across the accounts here. ING sits at 1 on monthly fee among 500 brands, so there is nothing to pay for holding the account open.

Is my money protected if something goes wrong at ING?+

Deposits sit under EU DGS up to EUR 100,000, so a balance is covered by a European guarantee scheme rather than sitting as a prepaid balance with a provider. The account is issued by ING Bank N.V., a bank rather than an e money provider.

Who regulates ING?+

The bank behind the account, ING Bank N.V., is supervised in NL by the European Central Bank through the Single Supervisory Mechanism, together with De Nederlandsche Bank and the Autoriteit Financiele Markten. Bank supervisors like these sit behind deposit taking accounts rather than wallets.

What does it cost to convert currency or spend abroad?+

Currency conversion costs 2% on ING. That is above the 0.22% seen across everyday accounts here, and ING ranks 214 of 312 brands on conversion. If most of your spending is in euros, the fee rarely comes up.

Does the account pay any interest on the balance?+

A headline rate of 3.75% is quoted on the easy access product, and easy access is the kind of account most people in this comparison use. The rate sits above the 3% site median, which makes the savings side worth a look.

Is the account only usable online, and can it be joint?+

The account is built for online use, and the features it carries are joint account and digital only. A joint option means two people can share a balance, which suits a couple or a pair of partners, with shared access run through online banking.

Who is this account aimed at?+

The listed audience is freelancer, so the account is designed around freelancers billing for their own work, and the easy access setup suits money that has to stay reachable between client invoices.

Sources

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

Not confirmed yet: Licence type, Currencies.

ING

ING

A fee free euro current account for freelancers who want a joint option

9.1/10See alternatives