nomoneda
Head-to-head

ING Germany vs Santander Portugal: which is better in Europe? (2026)

Quick answer

ING Germany scores higher overall (66 vs 64). Below is exactly where each one wins.

Last updated 15 August 2026 · Cross-checked against official sources

Data reviewed by Founder and editor, nomoneda

This head-to-head was generated from our rankings: both services appear in the same shortlists. The facts and scores below are the same ones used everywhere else on the site.

At a glance

ING GermanySantander Portugal
Score6664
No DNINoNo
Holds USDNoNo
USD APY
CashbackNoNo
FX modelECB euro reference rate on card use inside the EEA plus a 2.20% Auslandseinsatzentgelt; transfers converted at ING's own market-based rate with a published 1–2% WaehrungsumrechnungsentgeltCard-network rate + a 2% international processing fee and a separate 1% currency conversion fee; no bank board rate published
Docs neededNeeds German address; remote opening with German docsNeeds NIF/residency; branch may be required

Bottom line

Deposit protection: DGS €100k (DE)

FAQ

ING Germany or Santander Portugal — which is better?
ING Germany scores higher overall in our ranking, but the right choice depends on whether you prioritise fees, USD support or onboarding.
Can I use both?
Yes — many relocants keep one for receiving USD and another for daily spending.

How we rate