ING and Argenta are also following the trend of rising interest rates on savings accounts. Both banks plan to raise interest rates early next year.
ING savers will be able to collect higher interest from 9 January. Those who spend their money on a savings account in Argenta will have to wait until February 1st for the increase. The higher interest rates will apply to different types of savings accounts at both banks. Depending on the type of account, the interest, but also the loyalty bonus, is increased by a few decimal places.
ING and Argenta thus follow other large banks, such as KBC, Belfius, Deutsche Bank, Crelan and Axa. The fact that banks will pay more interest to savers is the result of a decision by the European Central Bank. He decided to raise the official rate, an important tool to curb inflation. The “normal” banks then follow the central bank.