How to analyze your ING statement and find the leaks

Where money quietly leaks with ING

ING keeps most basic fees low, so the real leaks are subtler than at a pricier bank. They hide in the things you set up once and never revisit:

• Recurring subscriptions and direct debits. Streaming, apps, memberships, insurance and trials that quietly converted into paid plans all flow through the same account as Lastschrift debits, month after month.
• Foreign-ATM withdrawals beyond the free allowance. ING gives a free cash allowance, but cross that threshold, or withdraw outside the euro area, and each withdrawal can carry a fee on top.
• Non-euro transaction fees. Paying or withdrawing in a foreign currency can add a percentage fee that never shows up as a separate line you notice.
• Account-fee conditions you stop meeting. A free account often depends on a condition, such as a minimum monthly income arriving in the account. Drop below it and a monthly fee can quietly switch on.

Here is an illustrative picture of how small, easy to ignore amounts turn into a real yearly figure. These numbers are examples only, not statistics, your own statement will tell the truth.

None of these lines would alarm you on their own. Together, on an illustrative basis, they are the cost of a long weekend away, paid out in pieces small enough to ignore at a bank you trusted to be cheap.

Upload your ING statement and see your real number, free ›

What FLOW finds in your ING statement

FLOW reads the file you exported and turns a wall of transactions into a short, honest list of where your money actually goes. From a single ING statement it surfaces:

1. Every recurring charge and subscription. Every direct debit that repeats on a schedule, grouped together so you can see your true monthly commitments at a glance.
2. The yearly cost of fees. ATM, foreign-currency and account fees projected across twelve months, so a few euros here and there become one number you can react to.
3. Your top leaks, ranked. The biggest savings first, so you fix the things that matter and ignore the noise.
4. What to cancel first. A clear shortlist, starting with the forgotten subscriptions that are usually the fastest wins.

It does not lecture you and it does not need a single password. You stay in control: FLOW shows you the leaks, you decide what to cancel, change or keep.

Turn the report into recovered money

A list of leaks is only useful if it leads to action. The workflow is simple:

1. Cancel what you no longer use. Start at the top of the ranked list, the forgotten direct debits are usually the fastest wins.
2. Check your account conditions. If a fee appeared, find out which condition you missed, such as the minimum monthly income, and decide whether to meet it or accept the cost.
3. Change your cash and currency habits. If ATM or non-euro fees show up, withdraw less often in larger amounts and avoid paying in foreign currency where you can.
4. Redirect the savings. Send the money you recover straight into savings or a buffer, before it quietly leaks somewhere else.

FLOW is in early access, so you are getting in before the crowd, and your first report is free. There is no bank connection to set up and nothing to install. You upload one statement, you get one clear answer: what your ING account is really costing you.

See what is quietly leaking from your ING account, free ›