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  EFFECTIVE FROM   AER   GROSS PA   NET PA  
  17-04-2009   0.50%   0.50%   0.40%  
  16-03-2009   1.00%   1.00%   0.80%  
  • Our variable rate is 0.50% AER (Gross p.a. 0.50%) on deposits of £1 and over. Must be UK resident, for tax purposes. You must be 18 years or older.
  • New ING Direct Savings Account customers can enjoy a guaranteed rate of 2.50% AER for 12 months from account opening (2.47% gross p.a.). Interest paid monthly. After 12 months the rate will revert to our ING Direct Savings Account variable rate, currently 0.50% AER.
  • Interest is calculated daily and credited to your account on the last day of each month.
  • AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
  • Gross per annum is the annualised rate before deduction of tax at standard rate.
  • Net per annum is the annualised rate after deduction of tax at standard rate (currently 20%).
  • Interest is variable.
  • We may record or monitor calls.
  • Full details of historical Bank of England base rates are available from the Bank of England Website
ING Direct are part of ING Group. One of the worlds largest financial institutions
ING Direct Savings Account - Join 22 million other savers today

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