| Base rate | 0,10% |
| Fidelity premium | 1,15% |
The fidelity premium is only earned on amounts that have remained uninterruptedly in the regulated savings account for 12 months from the day following the deposit. Funds that remain in the account for less than one year are ineligible. The fidelity premium rate in force at the time of deposit will remain unchanged for a period of 12 months. The premium is paid on the first day after each quarter in which the fidelity premium is acquired, or when the account is closed.
"},"alignedImage":{"position":"left","transformBaseUrl":"https://assets.ing.com/transform/5084cdc2-6d7f-4e61-91e0-0829bbaeb54e/Portrait-of-friends-with-hands","original":"https://assets.ing.com/m/2ac331fe21c48ed8/original/Portrait-of-friends-with-hands.jpg","extension":"jpg"}},{"componentType":"paragraph","richBody":{"value":"The base rate interest starts to accrue on the day after the money is paid into the account and continues up to the day it is withdrawn. It is paid into your account on a yearly basis, on the 1st of January, or when you close your account.
Interest rates are gross and expressed on an annual basis and may be adjusted at any time. You can find the current rate online and at any ING branch. If the rate changes, we inform account holders on their account statements.
"},"alignedImage":{"position":"right","transformBaseUrl":"https://assets.ing.com/transform/ff318665-6d2c-49be-9201-43c77c5ec46b/Cute-baby-laughing-at-a-piggy-bank-on-the-floor","original":"https://assets.ing.com/m/1b7c824879b547d3/original/Cute-baby-laughing-at-a-piggy-bank-on-the-floor.jpg","extension":"jpg"}},{"componentType":"sectionTitle","title":"Risks"},{"componentType":"paragraph","richBody":{"value":"The ING Savings Account is a regulated savings account of ING Bank Belgium LC. Belgian law alone applies.
Risk of bankruptcy: In the event of bankruptcy or the risk of bankruptcy of the financial institution, the saver bears the risk of not recovering his or her savings or may be obliged to reduce/convert the amount of his or her claims against the financial institution in excess of 100,000 euros - an amount covered by the deposit protection mechanism - into capital shares (Bail-in). You can find out more about this protection system on the following website
Guarantee Fund for financial institutions (belgium.be)
Inflation risk: persistent rises in prices could cause the money deposited to fall in value.
"}},{"componentType":"sectionTitle","title":"Saving for your child"},{"componentType":"paragraph","richBody":{"value":"| Easy to open | Want to save for your child? Get started right away. Open your savings account online via your favourite digital channel. Your child can access the amount in this savings account on his or her 18th birthday. Not an ING customer yet? You can register with ING without opening an account yourself. You can then open a savings account for your child. |
| Parental control | Want to keep an eye on things? You can do this easily via your computer or smartphone, until your child turns 18. Once your child is 10 years old, you can give him or her access to view and manage the account for himself or herself. Click here to learn more. |
| No extra fees | Opening/closing/annual statement is for free. The cost of sending the account statements of the ING Savings Account and the ING Green Savings Account by post is €5/year + postal charges. See below the charges applied to the main banking services. |
| Save at your own pace | Choose how much and how often you save. You can transfer money to your child’s ING Savings Account, both from your ING accounts and from external accounts. |
Category A
This is a classic regulated savings account. There is no condition attached to the base rate or the fidelity premium.
More information about the categories
Taxation
As long as the interest does not exceed 1,020 €, your child will not pay withholding tax.
However, are the interests higher than 1,020 euro? Then your child will pay a withholding tax of 15% (tax paid in 2026 on income earned in 2025).
This tax regime applies to individuals residing in Belgium. Different tax treatment may apply to others.
Important documents
Please read the following documents before you open a savings account:
"}},{"componentType":"paragraph","richBody":{"value":""},"textLinks":[{"url":"https://assets.ing.com/m/1c510d7df999e6f0/INGSavingsAccount_termandconditions_EN.pdf","text":"Terms and Conditions of ING Savings Account (PDF)"},{"url":"https://assets.ing.com/m/6de55a9c0b9e40a4/original/INGSavingsAccountproductsheetEN.pdf","text":"Key Information for Savers for the ING Savings Account (PDF)"},{"url":"https://assets.ing.com/m/3ed42f25df2ca5b2/original/general-information-regarding-accounts-digital-channels-and-cards-EN.pdf","text":"General Information regarding Accounts and Cards (PDF)"},{"url":"https://assets.ing.com/m/4f78f60fd9714d80/original/pricing-list-private-new-EN.pdf","text":"Charges applied to the main banking services and transactions for private use (PDF)"},{"url":"https://assets.ing.com/m/caa49fe207460e38/original/deposits_protection_EN.pdf","text":"Deposits protection information sheet (PDF)"}]},{"componentType":"paragraph","richBody":{"value":"Complaints
It’s always possible that there will be times when you are not completely satisfied with something. Let our Customer Care Team know how we can solve your problem. All the information about this can be found on the following page: How do I submit a complaint?
What if you are not satisfied with the processing of your complaint?
To submit a complaint, and to guarantee faster processing, please use the complaint form on the Ombudsfin website: https://www.ombudsfin.be/en/introduce-a-complaint. Email (only if you are experiencing problems with the complaint form): ombudsman@ombudsfin.be
"}},{"componentType":"sectionTitle","title":"How do I open a savings account online?"},{"componentType":"applicationProcess","steps":{"stepList":[{"title":"Sign in","body":"Using itsme®, your ING Banking app or your ING Card Reader"},{"title":"Request your account","body":"Fill in your child's details"},{"title":"Confirm your request","body":"And consult your account directly in the ING Banking App"}]}},{"componentType":"feature","featureName":"floating-cta?product=childsavings"},{"componentType":"paragraph","richBody":{"value":"
If you want to open an account for your child but are not yet a customer, start by registering with ING via itsme®, then follow the steps to open an ING Savings Account for your child.
"}},{"componentType":"cta","textLink":{"url":"https://www.ing.be/en/individuals/services/onboarding?product=do_more-pack&flow-step=step-do-itsme-phone-number","text":"Register with ING"}},{"componentType":"sectionTitle","title":"Discover ING Tempo Savings"},{"componentType":"paragraph","title":"A regulated savings account for those who like to save regularly","richBody":{"value":"With ING Tempo Savings (Cat.B), you deposit a fixed amount (maximum 500 euros) into your child’s account each month and get a different interest rate. Would you prefer recurrent savings for your child? Then this savings account is ideal.
> Consult the essential information for savers.
"},"textLinks":[{"url":"/en/individuals/saving/automatic-savings-account-youth","text":"Discover ING Tempo Savings for your child"}],"alignedImage":{"position":"right","transformBaseUrl":"https://assets.ing.com/transform/b4923b46-2a1e-4439-9562-3c3c4b9d0467/PORTRAIT-OF-BOY-IN-HOME","original":"https://assets.ing.com/m/60d7cbe394ac3e89/original/PORTRAIT-OF-BOY-IN-HOME.jpg","extension":"jpg"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"componentType":"accordion","accordionList":[{"title":"What is a savings account?","richBody":{"value":"A savings account is a deposit account which allows you to store your money safely and earn interest. You can withdraw the funds whenever you need them.
"}},{"title":"When will my child receive interest on his/her savings account?","richBody":{"value":"The base rate interest starts to accrue on the day after the money is paid into the account and continues up to the day it is withdrawn. It is paid into your account on a yearly basis, on the 1st of January, or when you close your account.
The fidelity premium is only earned on amounts that have remained uninterruptedly in the regulated savings account for 12 months from the day following the deposit. The premium is paid into the account on the first day after each quarter (January, April, July, October)
"}},{"title":"How and why do I save for my child?","richBody":{"value":"Want some more tips and tricks on exactly how to get started? We would be happy to help you. Feel free to read a bit more about why and how to save for your child.
"}},{"title":"How many people can be linked to the Youth savings account?","richBody":{"value":"Only the legal representatives of the minor can be intermediaries in the Youth savings account.
"}},{"title":"How do I open a savings account for young people/babies via the ING Banking app ?","richBody":{"value":"Not by default. When you open the savings account for your child, you can activate this option (Sterkmaking / Porte-Fort) so that a child older than 10 can indeed take money out of the account. Read more about Authorization here.
"}},{"title":"Do I need an ING Current Account to open an ING Savings Account for my child?","richBody":{"value":"If you are not yet an ING customer, you can open an ING Savings Account for your child, either digitally or in-branch. You only need to be registered with ING to be able to open and manage your child’s account. If you already have an ING account (Current Account, Savings Account or Investment Account), you can open the account either digitally or in-branch.
"}},{"title":"Where can you transfer money to from an ING Savings Account in the name of a minor?","richBody":{"value":"You can transfer money from your child’s ING savings account to:
Please note: the money in the account of a minor must be managed by the legal representative as a prudent and reasonable person.
"}}]},{"componentType":"sectionTitle","title":"Services & Contact"},{"componentType":"cards","cards":[{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"Carry your bank in your pocket!","intro":"Download our app for smartphone or tablet","image":{"transformBaseUrl":"https://assets.ing.com/transform/eb3d520a-f5ff-41a7-8cef-dfac9e47ec8e/Savings_goals-Tools_Outline","type":"image","width":32,"altTextNL":"\"\"","original":"https://assets.ing.com/m/6c368d3243c21e12/original/Savings_goals-Tools_Outline.svg","extension":"svg"},"link":{"url":"/en/individuals/daily-banking/ing-banking-app"}},{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"Didn't find what you were looking for?","intro":"Ask Ida, ING's digital assistant, via Chat in your ING Banking app, in the ‘Services' menu at the bottom of your screen","image":{"transformBaseUrl":"https://assets.ing.com/transform/f8ff5633-eb8c-4873-961b-e52b1729f05f/Phonechat","type":"image","width":1080,"original":"https://assets.ing.com/m/6171d84dc30fcb0b/original/Phonechat.svg","extension":"svg"},"link":{"url":"/en/individuals/daily-banking/contact-ing-via-chat"}},{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"Find a branch","image":{"transformBaseUrl":"https://assets.ing.com/transform/dab6ec23-57b0-42e8-bfe1-042f611ed4c6/Location-Location_Outline","type":"image","width":32,"altTextNL":"\"\"","original":"https://assets.ing.com/m/376d26620acc843/original/Location-Location_Outline.svg","extension":"svg"},"link":{"url":"/en/individuals/services/branches"}}]},{"componentType":"paragraph","richBody":{"value":""},"textLinks":[{"url":"/en/individuals/services","text":"More services and how to contact us"}]}]},"complementaryZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Also interesting!"},{"componentType":"cards","cards":[{"componentType":"productCard","cardType":"product","cardSize":"small","title":"A first bank account for your child","intro":"Open a free current account ING Go to 18 for your child and keep an eye on his money management","image":{"transformBaseUrl":"https://assets.ing.com/transform/57e2ce6f-f56f-4aa3-865f-d01fafbcfad6/Woman-and-young-girl-eat-sweet-corn-outdoors","type":"image","width":6016,"original":"https://assets.ing.com/m/6375300d824a731f/original/Woman-and-young-girl-eat-sweet-corn-outdoors.jpg","extension":"jpg"},"link":{"url":"/en/individuals/daily-banking/youth-account"},"promotionalLabel":{"labelType":"commercial"}}]}]}}}