ING: 1.00% TAE on any balance while you also hold an ING Cuenta NÓMINA
Cuenta NARANJA with Cuenta NÓMINA
Net value, first year
€81
#16 of 20 in this goal
Value per month of commitment
n/a
Commitment: None
Reward
Rate1% TAE
Terms
- Reward
- 1.00% TAE (0.995% TIN) on any amount, interest paid monthly, as long as the holder has a Cuenta NÓMINA.
- Rate
- 1% TAE
- Requirements
- Income of €700/month or more
- Hold an ING Cuenta NÓMINA
- Cuenta NÓMINA is free only with payroll, pension or EUR 700+ monthly income
- Fees
- €0/month. Cuenta NARANJA has no fees; the linked Cuenta NÓMINA costs EUR 3 a month if payroll/income of EUR 700 stops
- Penalty
- None stated
- Eligibility
- Residents only: Unknown
- NIE or TIE accepted: Yes
- Open to non-residents: Unknown
- Valid until
- No end date stated
- Checked
- (today, confirmed by the bank)
- Notes
- The EUR 700 threshold comes from the Cuenta NÓMINA page (https://www.ing.es/cuenta-nomina-ing); the Cuenta NARANJA page only says 'while you have a Cuenta NÓMINA'. No end date stated.
How the value is built
| Line | EUR |
|---|---|
| Interest 1% TAE on EUR 10000 for 12 months | €100.00 |
| Withholding 19% on interest | -€19.00 |
| Net value, first year | €81.00 |
Default profile: gifts at 80% of retail, a balance of €10,000. Change them in the search filters. Methodology
Catches
- needs income of at least EUR 700 a month
Compare with
- Self Bank1.00% TAE with no conditions, 1.50% TAE with EUR 20,000+ in funds, on up to EUR 60,000€81 net in the first year
- Revolut3.51% TAE for up to 4 months on up to EUR 25,000, then 1.15% TAE, new customers only€94.77 net in the first year
- WiZink1.20% TAE on any balance from EUR 1, no fees, instant access€97.20 net in the first year
Not financial advice. Terms change: read the bank's page before you sign.