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ING rewards customers with extended high interest rate and fee rebate offers

Customers will continue earning 16 times more in interest rate compared to most retail banks. There is no minimum amount required to earn the high interest rate. Plus, there is no lock-in period so customers have full control of their money anytime, anywhere.

Photo by Ulises Baga from Unsplash.com

Banking with ING has just gotten better. The all-digital bank is extending two ongoing offers to help customers reach their savings goals faster.

  • Four percent (4%*) interest rate per annum: Customers will continue earning 16 times more in interest rate compared to most retail banks. There is no minimum amount required to earn the high interest rate. Plus, there is no lock-in period so customers have full control of their money anytime, anywhere. 
  • Fee rebate of other banks’ transfer fees:  Customers will receive a fixed rebate of PHP 100 for every successful electronic bank transfer via PESONet or InstaPay, for up to two transactions per month. 

Mohamed Keraine, Head of Retail at ING Philippines, shared, “We received very encouraging response since the launch of the two offers last year. The take-up rate of our offers is an indication that our customers understand the importance of savings and are extremely receptive to digital banking as soon as their pain points are addressed. By extending these offers, we want to continually remove a key barrier that previously hinders our customers from fully enjoying the benefits of having an ING Savings Account. The PHP 100 fee rebate offer complements the high savings interest rate of 4%* per annum for new and existing customers.” 

“When we launched the ING mobile app in November 2018, we demonstrated that banking can truly be simple, easy and personal. When banking processes no longer interrupt people’s daily lives, we hope that everyone can better prepare for the future and surprises in life.” 

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 54,000 employees offer retail and wholesale banking services to customers in over 40 countries. 

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability forms an integral part of ING’s strategy, evidenced by ING’s ranking as a leader in the banks industry group by Sustainalytics. ING Group shares are included in the FTSE4Good index and in the Dow Jones Sustainability Index (Europe and World), where ING is also among the leaders in the banks industry group.  

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