ING review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
ING suits freelancers and easy-access savers who want a large bank with no monthly fee and euro deposit protection. The savings rate of 3.75% sits well for an account you can reach at any time, and the 2% currency conversion fee is the part to weigh before you switch.
Key facts
- Best for
- Freelancers wanting a fee-free easy-access savings account at a large bank
- Headline rate
- 3.75%↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Monthly fee
- €0↗
- Account kind
- Easy access↗
- Legal entity
- ING Bank↗
- Headquarters
- Netherlands↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- ing.com
Pros and cons
Pros
- No monthly fee, matching the no monthly fee model common across the site
- Euro deposit protection under the EU DGS, EU DGS up to EUR 100,000
- SEPA and instant SEPA transfers cost nothing, Free: SEPA and instant SEPA transfers 0 EUR
- A joint account is available alongside the digital-only option
Cons
- Currency conversion costs 2%, above the site median of 0.5%
- Branch service is not among the account's listed features (joint account and digital only), which cover a joint account and digital-only access
- Cash machine withdrawals sit outside the free part of the offer, €0
Who it suits
- Freelancers saving in euro with a digital-only setup
- Couples wanting a joint account at a large bank
- Savellers who check deposit protection first
Who should look elsewhere
- Shoppers who pay foreign currency fees often
- People who want a branch counter or free cash withdrawals
- AXI Card Tarjeta y Credito, with a headline rate of 21.59% for those chasing a far higher rate
The company behind it
The brand is operated by ING Bank, headquartered in the Netherlands. It runs an easy-access savings account alongside a digital-only current account, aimed mainly at freelancers. Support runs through email, chat and phone, covering email, chat, phone and a help centre, so most questions can be sorted without delay.
How ING compares
9.2 vs 8.6
9.2 vs 9.5
9.2 vs 8.0
9.2 vs 8.9
9.2 vs 8.9
9.2 vs 9.1
9.2 vs 9.1
9.2 vs 8.9
9.2 vs 8.7- 9.2 vs 8.0
9.2 vs 9.0
9.2 vs 8.1
9.2 vs 8.7
9.2 vs 8.0
9.2 vs 9.5
9.2 vs 9.4
9.2 vs 9.3
9.2 vs 9.2
9.2 vs 9.0
9.2 vs 8.7
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.4
9.2 vs 8.3
9.2 vs 9.0
Where ING is available
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does ING charge to hold the account?+
The savings account carries a monthly fee of €0, so there is no ongoing cost for keeping money there. Transfers are also free, Free: SEPA and instant SEPA transfers 0 EUR, covering SEPA and instant SEPA payments. Costs tend to appear only when money is converted.
How is my money protected?+
Deposits sit under the EU DGS, at EU DGS up to EUR 100,000. That guarantee comes from the bank's regulatory home rather than a product promise, which is what many readers look at first when weighing a savings account.
What interest do I get?+
The headline rate is 3.75% and the account kind is easy access, so the balance stays reachable while it earns interest. Easy-access is the most common kind on the site, at 76.7% of the brands listed.
What does it cost to spend abroad?+
Currency conversion is charged at 2%, above the site median of 0.5%. That makes foreign spending one of the more expensive parts of the offer, so readers who pay abroad often should weigh it carefully. Spending in euro avoids the charge.
Can I open a joint account?+
A joint account is one of the features listed for the account, joint account and digital only, which also includes digital-only access. Both are available, so a shared balance works for a household or a business run on the same account.
Can I withdraw cash?+
Cash machine withdrawals sit outside the free part of the offer, with an allowance of €0. The account is digital-only, so most day to day money movement runs through transfers rather than cash, and the IBAN handles the basics.
Which local payment details do I get?+
Local payment details come as an IBAN, listed in the account's details alongside euro receipts, iban. That fits SEPA transfers, which are free on both standard and instant, so paying suppliers and receiving income needs no extra cost.
How do I get help?+
Support runs through email, chat and phone: email, chat, phone and a help centre. Because the account is digital-only, these channels carry the whole relationship, and a help centre gives written answers when a question needs detail.
Sources
- ing.com/about-us/corporate-governance/legal-structure-and... checked September 26, 2026
Backs: Deposit protection, Headquarters
“The articles of association of ING Groep are registered in the Commercial Register of Amsterdam, no.33231073”
- ing.com checked September 26, 2026
Backs: Legal entity
“ING Group is a publicly-listed company. It's the parent of one main legal entity, ING Bank. ING Bank is the parent company of various Dutch and foreign banks.”
- ing.de/sparen checked September 26, 2026
Backs: Account kind, Headline rate, Pricing model, Monthly fee
“Ihr erstes, kostenloses Tagesgeldkonto”
- ing.it/aiuto-e-supporto.html checked September 26, 2026
Backs: Support channels
- ing.it/conti-correnti/confronta-conti.html checked September 26, 2026
Backs: Free ATM withdrawals
“Conto Corrente Arancio Piu ... Hai incluso gratis: prelievi in Italia e in Europa; Prelievi con carta di debito 0 EUR”
- ing.it/conto-corrente-arancio/conto-corrente-online.html checked September 26, 2026
Backs: Audience, Features, Local account details, Transfer fee
- ing.it/faq/carte/carta-di-debito-estero-prelievi-pagament... checked September 26, 2026
Backs: Currency conversion fee
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Rate type, Term, Minimum deposit.