DutchNews.nl - DutchNews.nl brings daily news from The Netherlands in English

23 May 2025
Newsletter Donate Advertise
  • News
  • Life in the Netherlands
  • Jobs
  • Podcast
  • About us
  • Search
  • Home
  • Economy
  • Art and culture
  • Sport
  • Europe
  • Society
  • Environment
  • Health
  • Housing
  • Education
  • News
    • Home
    • Economy
    • Art and culture
    • Sport
    • Europe
    • Society
    • Environment
    • Health
    • Housing
    • Education
  • Life in the Netherlands
    • Latest
    • Opinion
    • Books
    • Travel
    • 10 Questions
    • Learning Dutch
    • Inburgering with DN
    • Food & Drink
    • Ask us anything
  • Jobs
  • Podcast
  • About us
    • Team
    • Donate
    • Advertise
    • Writing for Dutch News
    • Contact us
    • Privacy
    • Newsletter
  • Search

Bank charges soar in five years, ING is the most expensive

February 28, 2024

The cost of having a traditional bank account has almost doubled over the past five years, with ING leading the way, the consumers campaign group Consumentenbond said on Wednesday.

The fees to have an ING account have gone up from €18.60 to €43.80 per year, for the standard option with one direct debit card, the organisation said. Five years ago, ING was one of the cheapest options.

Today, ASN Bank, with an annual fee of €32.40 per year offers the cheapest deal. The Consumentenbond compared the fees of the nine Dutch banks now and in 2019.

“For years banks have blamed low interest rates, and the cost of innovation and anti-money laundering measures, for the high charges, said director Sandra Molenaar.

“In the meantime, interest rates have risen and the Dutch central bank has developed standards which the banks can use for researching risks. As far as I am concerned, that should be it with the sharp rises.”

Share this article
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Copy URL
Banking Education
Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation
Latest
Show more
Fewer international students starting bachelor degrees in NL
MPs urge cabinet to join banned Pride march in Budapest
Dutch house prices up 10% on a year ago, latest figures show
Foundations and the future: what you need to think about
Highway to hell: confessions of a would-be Ring reveller
NewsHomeEconomyArt and cultureSportEuropeSocietyEnvironmentHealthHousingEducation
Life in the NetherlandsLatestOpinionBooksTravel10 QuestionsLearning DutchInburgering with DNFood & DrinkAsk us anything
About usTeamDonateAdvertiseWriting for Dutch NewsContact usPrivacyNewsletter
© 2025 DutchNews | Cookie settings

Help us to keep providing you information about coronavirus in the Netherlands.

Many thanks to everyone who has donated to DutchNews.nl in recent days!

We could not provide this service without you. If you have not yet made a contribution, you can do so here.

The DutchNews.nl team

Donate now

Dutchnews Survey

Please help us making DutchNews.nl a better read by taking part in a short survey.

Take part now