Wednesday, November 9, 2016

ING eliminates the refund of the 2% of the receipts to your customers and lower your type of Account Orange – EntornoInteligente

Expansion / The measure, adopted by the current environment of low interest rates, will be effective from the 1 of January.

ING ” modifies the conditions of their star products and lowers their profitability as a result of the current environment of low rates.

The entity has communicated by letter to the customers of the Account or Payroll Account Payroll, from January 1, will receive the refund of the 2% of the principal receipts domiciled. The bank, which highlights that has been a “decision not easy to take”, and also reduced the remuneration of your Account Orange. It will be 0.10% APR from 0.20% today. The rest of the hooks of the product is maintained: no costs, no fees (or maintenance or by transfer), requires no minimum balance and there is total availability of money without losing the accumulated return.

“we Want to explain to you why we had to do it [reducing conditions]. Years ago, interest rates started to fall, which made that we had to keep adjusting the remuneration of the auditors, and that in 2013, we stopped offering the refund of the 2% of receipts from new customers. During these years we have worked for mantenérsela to customers like you, that take so much time to trust us, but now the types are situated at historic lows and this is what leads us to make this decision,” says the letter sent to customers.

“The change of remuneration of the Account Orange and the return of the receipts is due to the need to adapt to a financial environment with continuous declines of interest rate has been at a historic low and that is affecting the whole banking sector”, indicates the entity. “We continue to work to continue to be very competitive in their entirety. For this reason, we remain faithful to our commitment to offer our customers products that are simple and transparent, which are adapted to their needs”, explains the group.

ING Direct Spain had at the end of the third quarter with 3,47 million customers, after adding or 201,000 customers in the last year (+6.4 per cent). A total of 1.71 million are clients of the Account Payroll.

ING eliminates the refund of the 2% of the receipts to your customers and lower your type of Account Orange

With Information Expansión

http://entornointeligente.com/articulo/9212001/ING-elimina-la-devolucion-del-2-de-los-recibos-a-sus-clientes-y-baja-el-tipo-de-la-Cuenta-Naranja

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