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Valid from August 01, 2019 to October 31, 2019.

Per DTI-FTEB Permit No. 12388, Series of 2019.

Complete Mechanics

From August 1, 2019 to October 31, 2019, all existing and new clients with an ING Savings Account will receive the following interest rate:

Amount of Deposit

Applicable Interest Rates

For Available Daily Balance of less than or equal to Php 10,000,000 4.00% Gross per annum*
For any additional amount above Php 10,000,000 1.00% Gross per annum*

*subject to 20% withholding tax

This new interest rate will be applicable to both new funds and existing account balance.

  1. The duration is from August 1, 2019 12:00AM to October 31, 2019 11:59PM and will be applicable to both new deposit and previous account balance.
  2. In order for new clients to be entitled to the interest rate, they must, during the duration:
    1. Successfully open an ING Savings Account through the ING Mobile Application;
    2. Complete the post verification process, and their ING Savings Account is unrestricted after such completion; and
    3. Successfully fund their account.
  3. In order for existing clients to be entitled to the interest rate, they must maintain any amount in their unrestricted ING Savings Account during the duration.
  4. All account balances - fresh funds and existing funds will be covered by the 4% interest rate per annum during the duration.
  5. No minimum balance and no maintaining balance are needed to earn interest.
  6. There is no lock-in period. Clients may withdraw their funds anytime without incurring any penalties or fees from ING.
  7. Any interest earned will be credited to your ING Savings Account at the end of every month.
  8. The 4% interest rate per annum is open to all existing and new clients who have funded and will fund their ING Savings Account during the aforementioned duration.
  9. Interest rates will revert to the following standard interest rate after the end of the aforementioned duration:
  10. Amount of Deposit

    Applicable Interest Rates

    For Available Daily Balance of less than or equal to Php 10,000,000 2.50% Gross per annum*
    For any additional amount above Php 10,000,000 1.00% Gross per annum*

    *subject to 20% withholding tax

  11. The new interest rate is subject to the ING Terms and Conditions published in the ING Mobile Application.
  12. For any customer concerns, clients may use the in-app chat function found in the ING Mobile Application. For those unable to
 use the in-app chat, they may also send an email to askus@asia.ing.com.

Per DTI-FTEB Permit No. 12388, Series of 2019.

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For any question, you may contact us 24/7 via the

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Need help?

For any question, you may contact us 24/7 via the ING Mobile App Live Chat or the ING Bank Facebook Messenger

© 2019 ING Bank N.V., Manila Branch
© 2019 ING Bank N.V., Manila Branch