ING Orange Account

ING Orange Account


ING Orange Account 
is a savings account that accrues high overnight interest, and to and from which you can deposit and withdraw money anytime you want.

To start earning right away, please visit your nearest branch.

Features

  • The duration of the welcome interest rate is 90 days. As soon as the account is opened, the duration of the welcome interest rate starts.The welcome interest accrues overnight interest and is fixed every day.
  • The advantageous interest of the ING Orange Account is determined daily and accrues overnight interest. The interest rates are annual simple gross rates.
  • Customers who will open an ING Orange Account at our bank for the first time can take advantage of the welcome interest rate.
  • There is no lower limit for opening an account.
  • The advantageous interest rate and the welcome interest rate are valid for amounts under 500.000 TL. In the case that the balance is over this amount, a lower interest rate will be applied for the exceeding amount.
  • EFT/Money Transfer transactions can be performed directly from the account. 
  • The EFT/Money Transfer transactions performed through Online Banking, Mobile Banking and 0850 222 0 600 Telephone Banking are not subject to a fee.
  • No account management fee is collected for the ING Orange Account.
  • When money is deposited before 17:00 on weekdays, it starts to accrue interest on the same day.

ING Orange Account Calculator

Capital
Term (Days)
  • Capital
  • Term Day
  • Net Amount on Maturity Date
  • Interest Rate %
*Specified interest rates are valid up to 250.000 TL. In the case that the total balance exceeds this amount within the period calculated, 4% interest rate will be applied for the exceeding amount.

Differences with Time Deposit Account

Regular Time Deposit Account ING Orange Account 
   
  • You obtain a return at the maturity of predefined terms.
  • Accrues overnight interest, and transferred to your account on a daily basis.
  • The account has an interest rate determined at the beginning of each term.
  • For the first 90 days, you take advantage of welcome interest rate, followed by competitive interest rates afterwards.
  • You cannot deposit money to your account before the maturity of the term.
  • You can deposit money to your account any day without worrying about terms.
  • You can withdraw money before the maturity of the term on a limited basis.
  • Since there are no terms, you can withdraw money as many times as you want and in the amount you want.
  • When you withdraw money before the maturity of the term, you can't benefit from the interest earned.
  • Since it accrues overnight interest, you don't lose the interest earned even if you withdraw money.
  • There is a lower limit.
  • There is no lower limit.
  • You cannot perform Money Transfer/EFT transactions.
  • You can perform Money Transfer/EFT transactions.

Similarities with Time Deposit Account

  • The yields of both accounts are predefined.
  • ING Cash Card cannot be linked to these accounts.
  • Daily banking transactions such as bill payments, automatic payments and check-note transactions cannot be performed through these accounts.
  • Overdraft account cannot be linked to these accounts.