- The ING* currently offers a call money account called “Extra Account”.
- New and existing customers are guaranteed 3.00 percent interest for the first 6 months
- There is no minimum investment and the account is easy to open online
- The extra account offers a high level of security thanks to German deposit insurance and membership in the deposit insurance fund
- New: Existing customers will also receive the higher interest rate for each new euro they deposit with ING by April 25th.
Interest Rate and Guarantee Period
As a new or existing ING customer, you can benefit from an attractive interest rate of 3.00 percent on deposits of up to EUR 50,000. The interest rate is guaranteed for the first six months, which gives you planning security.
flexibility and availability
A major advantage of the ING Extra Account is that your money is available every day. You can access your credit at any time and without restrictions. There is also no minimum investment amount, so you can benefit from the high interest rates even with small amounts.
Account Opening and Fees
Opening an account with the ING Extra account is easy and uncomplicated. You can open the account online and only need your identity card and your tax ID. There are no account management fees or other costs.
deposit insurance
As an investor, you can benefit from a high level of security with ING. The extra account is protected by the German deposit insurance and ING is a member of the deposit protection fund of the Bundesverband deutscher Banken eV. Deposits of up to EUR 100,000 per customer are protected.
Advantages
The ING extra account offers many advantages for investors. With an interest rate of 3.00 percent for the first six months, you can benefit from comparatively high overnight interest rates. The daily availability of your money also gives you a high degree of flexibility. There is no minimum investment amount and no account management fees.
Disadvantages
There are only two minor disadvantages with this offer. The bonus interest is only valid up to 50,000 euros. After the end of the interest guarantee, the remuneration drops to 0.60 percent per year, which is below the current market average.
Conclusion
The ING DiBa daily allowance* is an attractive option for investors who want to invest their money flexibly and in the short term. With an interest rate of 3.00 percent for the first six months, daily availability and high security, all important criteria are met. Opening an account is simple and straightforward and there are no costs. However, it should be noted that the bonus interest only applies up to EUR 50,000 and that the remuneration after the interest guarantee has expired is below the current market average. By the way: You can find the currently best overnight money offers in our overnight money comparison.
FAQ
What is the ING Extra Account and what conditions does it offer?
The extra account of ING is a money market account with current conditions for new and existing customers: 3.00 percent interest on deposits up to 50,000 euros for the first six months with an interest rate guarantee. There is no minimum investment and the account can easily be opened online.
How secure is the ING extra account?
The ING extra account offers a high level of security thanks to German deposit insurance and membership in the deposit insurance fund. This means deposits are protected up to €100,000 per customer.
How do I open an extra account with ING?
Opening an Extra account with ING is easy and can be done online through the bank’s website. Customers must fill out the online form and have their identity confirmed via video or postident process. There are no costs for opening an account.
What are the benefits of the ING Extra Account?
The ING Extra account offers high overnight interest rates for new and existing customers, a guarantee period of six months, no minimum investment amount and easy online account opening. In addition, the account offers a high level of security through German deposit insurance and membership in the deposit insurance fund.
Are there any disadvantages with the ING extra account?
Yes, the bonus interest of 3.00 percent only applies up to 50,000 euros. After the end of the interest guarantee, the remuneration drops to 0.60 percent per year, which is below the current market average.
*This means the asterisk: Our news has been objectively researched and created independently. To ensure that our information can be called up free of charge, clicks on links are sometimes remunerated. We mark these so-called affiliate links with an asterisk. Finanzen.net GmbH gets money, but never the author individually, when readers click on such a link or conclude a contract with the provider. Whether finanzen.net GmbH receives a fee and in what amount has no influence on the product recommendations.
This text is for informational purposes only and does not constitute an investment recommendation. finanzen.net GmbH excludes any claims for recourse. Authors, publishers and the sources cited are not liable for any losses arising from the purchase or sale of the securities or financial products mentioned in the articles.
Image Sources: Sergey Nivens/Shutterstock