The Best Savings Accounts in the Netherlands
Categories: Finance,Latest News
If you’ve been keeping an eye on savings interest rates in the Netherlands, you might have noticed they’ve finally started climbing after being stuck at rock bottom for ages. But even with this uptick, inflation soaring between 3% and 15%, plus that pesky 1% wealth tax, can make your actual returns look pretty bleak.
Don’t worry—there’s a way to beat this. The trick is finding those golden interest rates. If you’re stashing your cash with the big three—ABN Amro, ING, or Rabobank—you might want to shop around for a better deal.
Read Also: First Steps: Opening a Dutch Bank Account
Right now, we’re seeing some of the juiciest deposit rates in 15 years, thanks to higher housing interest rates and the European Central Bank’s latest moves. Keeping tabs on the best rates can save you a bundle and boost your savings.
Whether you’re into locking down higher yields with a time deposit account or keeping things flexible with a savings account you can dip into at any time, there are plenty of choices from various banks and financial institutions throughout the Netherlands. This handy chart breaks down the best savings accounts in the Netherlands, comparing interest rates, management fees, required investment amounts, and other important details.
So take a look, weigh your options, and make sure your money is working as hard as you do in today’s ever-changing economy.
| Bank | Interest Rate | Conditions / Notes | Minimum Deposit | Withdrawal Limitations |
|---|---|---|---|---|
| ABN AMRO | 1.5% | None | None | |
| ASN Bank | Up to 1.75% | None | None | |
| BigBank | 3.0% (flexible) / 3.6% (fixed-term) | Fixed-term starts at 12 months, minimum €1,000 | None | None |
| bunq | 2.67% (new users) | Up to €100,000 | None | Two withdrawals per month |
| Distingo Bank via Raisin | 3.31% | Available via Raisin platform | None | None |
| Freedom24 (broker) | Up to 7% fixed return* | Return is generated with swap investments | None | None |
| ING Bank | Up to 1.50% | None | None | |
| Lloyds Bank | 2.50% | None | None | |
| N26 | 2.8% | None | None | |
| Openbank | 3.65% for the first six months | Promotional rate for first six months, then 2% | None | None |
| Rabobank | Up to 1.70% | None | None | |
| Scalable | 4% for the first four months | Promotional rate for first four months, then 2.6% | None | None |
| Trade Republic | 4% | None | None | |
| Triodos Bank | Up to 1.70% | None | None | |
| Saxo | 2.15% | None | None |
* The fixed return-generating product from Freedom24 broker is an investment in OTC swaps, and may not be appropriate for every investor. This product is not a banking service and is not related to a bank deposit or a bank account.
The return rates are dynamic (based on EURIBOR / SOFR floating rates) and can be changed in future. The aforementioned rates are provided as of the date of the article publication. For the actual rates, please check the Freedom24 website.