Ing Term Deposit

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  • Deposits

What is a term deposit?

ING's Wholesale Term Deposits are available for amounts from $500,000, right up to $25 million. Lock in a competitive interest rate upfront, or take advantage of movements in market interest rates with a. Term deposit rates are pretty low at the moment, but that doesn’t mean you can’t snap up a better rate for yourself. Savings has collated some of the highest term deposit rates available this month for a variety of term lengths. High short term deposit. A term deposit is an investment of cash placed with a financial institution for a fixed period of time, known as the term, with a fixed interest rate for your return at the end of the term. A term deposit is commonly referred to as a TD, but can also be known as a certificate of deposit or CD. The interest on term deposits is fixed daily, based on the money market trends for the specific currency over the period of time concerned. The rates are also commensurate with the sum deposited.

A safe and guaranteed investment: you know, to the nearest penny, just how much you will have built up by the time your deposit matures.

Ing Term Deposit Interest Rates Today

A term deposit allows you to invest your money:

  • for a predetermined period of time;
  • at a predetermined fixed rate of interest;
  • free of all charges (unless redeemed early).

A term deposit allows you to benefit from the best rates on the money market in return for being obliged to block your money for the term of the deposit.

What term periods can I choose from for my term deposit?

Ing Term DepositDeposit

You can choose the term period that best suits your needs. The term periods generally available are:

  • 1 month
  • 2 months
  • 3 months
  • 6 months
  • Or 12 months

Which currencies are available for my term deposit?

At ING Luxembourg, term deposits are available in nine currencies:

  • Euro (EUR)
  • Swiss franc (CHF)
  • Pounds sterling (GBP)
  • Danish krone (DKK)
  • US dollar (USD)
  • Canadian dollar (CAD)
  • Australian dollar (AUD)
  • New Zealand dollar (NZD)
  • Japanese yen (JPY)

The interest on term deposits is fixed daily, based on the money market trends for the specific currency over the period of time concerned. The rates are also commensurate with the sum deposited. The resulting rate will be fixed for the full term of your deposit. The minimum deposit is 25,000 euros, or the equivalent value, to ensure that you get the most advantageous rate.

Term Deposit Calculator

For today’s interest rates on term deposits, contact your local branch.

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Ing Term Deposit Rates 2021

Interest Rates

Highest variable rate

For customers who also have an Orange Everyday bank account and do these things each month:
1. Deposit $1,000+ (from an external account)
2. Make 5+ card purchases (settled, not pending) and
3. Grow their nominated Savings Maximiser balance (excluding interest).
Available on one account for balances up to $100,000 with the additional variable rate applied the month after eligibility criteria has been met.

variable rate (incl. % p.a. additional variable rate)

Ing term deposit rates

Personal Term Deposits

Competitive interest rates, fixed for the term. Minimum opening deposit of $10,000.

Interest Rates
Interest Rates

Ing Term Deposit Rate

$150,000 and over

Applies to your total balance, not just amounts $150,000 and over.

$50,000 - $149,999.99

Applies to your total balance, not just amounts $50,000 and over.

The combined total deposits in all your Savings Accelerator account(s) shouldn't exceed $5 million, whether account(s) are in individual or joint name(s).