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Banks ING and Targobank adjust interest rates

Once more, the financial landscape shifts: Targobank and ING modify interest rates for fixed-term and immediate deposit accounts. Examining the implications for investors.

Banks Targobank and ING are modifying interest rates for fixed-term and immediate deposit accounts....
Banks Targobank and ING are modifying interest rates for fixed-term and immediate deposit accounts. Understanding the implications for investors.

Banks ING and Targobank adjust interest rates

Yo, let's chat about the recent moves by Targobank and ING when it comes to deposit rates!

Banking Buzz: ING and Targobank's Rate Changes

It's a tough time finding positive news about interest rates, but worry not, we've got you covered! ING and Targobank are shaking things up with their rate adjustments, so let's dive in!

ING Drops In on Instant-Access Deposit Rates

Everyone's favorite bank, ING, has made a shift in its first extra account (instant-access deposit) interest rate. Starting from March 31, 2025, the rate will be at 2.75% p.a., down from 3.00% p.a. (yes, you read that right!). This new rate will stay in effect for the first four months after opening the account and can still be considered competitive! To learn more about ING's rates, check out their site right here.

For continual updates, make sure to bookmark the BÖRSE ONLINE instant-access deposit comparison page!

Targobank's Fixed-Term Deposit Glimpse

Our other pal, Targobank, has also shaken things up in the fixed-term department. Here's the fresh scoop:

  • 6-month term: 2.15% p.a. (yep, that's a change!)
  • 1-year term: 2.00% p.a. (still offering competitive rates)
  • 1.5-year term: 1.90% p.a. (sweetening the deal a bit)

To have a peek at Targobank's fixed-term offerings, take a look at their site!

You wanna go even further? Head over to the BÖRSE ONLINE fixed-term deposit comparison to find more high-yield offers!

Now onto something that'll pique your interest, if you're in the market for yield! An equity-linked bond could be just the ticket! Discover the scoop on this mind-blowing strategy with Siemens right here!

Bear in mind: This comparison includes affiliate links, which help provide you with free info. }^\o/^ We sometimes receive a kickback when you click on theselinks (like "Open account") *^o/^*. Rest assured, these links and associated compensation do not control our content's independence. Our goal is to offer you objective info and solid advice!

Disclaimer: This comparison doesn't cover the entire market ( § 18 Abs. 6 ZKG). All details are provided without warranty and are subject to change. Errors may occur, but no worries, we got you covered!

*Note:

  • Competitive Offerings from Targobank: Although our input doesn't display specific fixed-term deposit rates for Targobank in the recent data, it does offer a Tagesgeld (instant-access savings) account with a 2.25% interest rate.
  • Instant-Access Deposits at ING: ING offers a Tagesgeld account with a rate of 2.50%, including promotions like the "Black Freu Days" that offer 3.5% for the first four months for new accounts.

Investors seeking returns that outpace inflation might need to look into alternative investment strategies!

  1. ING has made a change to their first extra account (instant-access deposit) interest rate, which will be 2.75% p.a. starting from March 31, 2025. To learn more about ING's rates, check out their site.
  2. Targobank has adjusted rates in their fixed-term department, offering 2.15% p.a. for a 6-month term, 2.00% p.a. for a 1-year term, and 1.90% p.a. for a 1.5-year term. To find more high-yield offers in this category, visit the BÖRSE ONLINE fixed-term deposit comparison page.
  3. For those interested in alternative investment strategies that may outpace inflation, consider an equity-linked bond like the one offered by Siemens.
  4. It's important to regularly monitor interest rates from different banks, such as ING and Targobank, for the best possible returns on finance investments in your business. Bookmark BÖRSE ONLINE's instant-access and fixed-term deposit comparison pages for continual updates.

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