Savings interest rates in the Netherlands have increased over the last couple of years after being very low.
When you account for surging inflation (which has been running between 5% and 15%) and wealth tax (about 1%) the reality is that you likely face negative real returns on your money.
Below we give an overview of the best standard savings account rates in the Netherlands. If your savings are parked in one of the big 3 banks (ABN Amro, ING and Rabobank) then at least consider securing a better rate elsewhere.
The highest savings account rates currently available in the Netherlands are from Raisin NL. This is an international portal (based in Germany) which offers free access to high-rate savings and fixed term accounts across the EU. It has 800,000 customers and all savings accounts are covered by the EU deposit guarantee. Open a high interest Raisin account here
Best Savings Accounts Rates Netherlands 2024
| Bank Account | Interest Rate | |
| Distingo Bank via Raisin | 3.31% | Apply |
| Bigbank Flexibel Sparen | 3.30% | |
| Nordax Bank / HoistSparen via Raisin | 3.29% | Apply |
| Collector Bank via Raisin | 3.28% | Apply |
| Openbank Open Spaarrekening * | 2.65% | Apply |
| Yapi-Kredi Euro-Plus Savings | 2.60% | |
| Lloyds Bank Internet Spaarrekening | 2.50% | |
| bunq Easy Savings | 2.46% | Apply |
| Anadolubank Alfa Slimmer Sparen | 2.30% | |
| DHB Bank S@veOnlinerekening | 2.30% | |
| LeasePlan Bank Flexibel Sparen | 2.20% | |
| Argenta Internet Spaarrekening | 2.15% | |
| NIBC Direct Spaarrekening | 2.00% | |
| KNAB Flexibel Sparen | up to 2.00% | |
| Nationale Nederlanden Internetsparen | up to 2.00% | |
| Garanti Bank Gouden Internet Rekening + | 1.75% | |
| Rabobank Rabo SpaarRekening | up to 1.70% | |
| SNS Bank Internet Sparen | up to 1.70% | |
| Triodos Bank Internet Sparen | up to 1.70% | |
| ASN Bank Ideaalsparen | up to 1.65% | |
| ABN AMRO Direct Sparen | 1.50% | Apply |
| ING Bank Oranje Spaarrekening | up to 1.50% |
These are variable interest rates and can change at any time.
* Openbank has a standard rate of 2.65%. A 2.75% rate is offered for those who make at least €600 in monthly payments into the Openbank current account or have at least 3 direct debits paid out every 2 months. There is a 6 month 3.65% bonus rate available for new ‘Welkom Open Spaarrekening‘ customers with balances over €20,000.
+ Garanti Bank has a new clients bonus rate of 3.60% – until 31 May 2024.
One of the top rates for standard savings [2.46%] is available from Dutch mobile bank bunq – open a bunq savings account (for free) online here – no Dutch BSN tax number is required. The rate applies to savings up to €100,000. Unlike most Dutch banks, its portal is available in English and 6 other European languages.
You will note the presence of some foreign banks in the above listing. The Turkish banks Anadolubank, DHB Bank (Demir-Halk Bank), Garanti Bank and Yapi-Kredi are all registered in the Netherlands and are covered by the Dutch deposit guarantee.
Argenta is an independent bank from Belgium. Lloyds Bank is from the UK but its Dutch business is now registered in Germany. Openbank is part of the Santander Group in Spain.
Bigbank is an Estonian financial institution involved in consumer credit with an online presence in the Netherlands.
For slightly higher rates you may choose to tie your money up for a fixed amount of time. Here is an overview of 1 year accounts:
Best 1 Year Fixed Rate Accounts in the Netherlands 2024
| Bank Account 1yr | Interest Rate | |
| PayRay / Privatbanka via Raisin | 3.70% | Apply |
| Fjord Bank via Raisin | 3.65% | Apply |
| A&G Banco / Banco Progetto via Raisin | 3.60% | Apply |
| Yapi Kredi Euro-Plus Deposit | 3.60% | |
| Bigbank Deposito | 3.50% | |
| Openbank Spaardeposito | 3.40% | Apply |
| Anadolubank Termijn Deposito | 3.25% | |
| Garanti Bank Gouden Termijn Deposito | 3.25% | |
| DHB Bank MaxiSpaarrekening | 3.10% | |
| Argenta Termijndeposito | 3.00% | |
| NIBC Direct Termijndeposito | 2.80% | |
| LeasePlan Bank Deposito sparen | 2.75% | |
| Nationale Nederlanden Depositosparen | 2.50% | |
| KNAB Deposito sparen | 2.50% | |
| Triodos Bank Spaar Deposito | 2.45% |
Some term accounts require a minimum investment. Higher rates are available for longer fixed terms.
Netherlands Interest Rates
Interest rates in the Netherlands are set by the European Central Bank (ECB) as the country is part of the euro currency.
The ECB raised its benchmark rates 4 times in 2022 and 6 times in 2023. It stands at 4.50% (base rate) and 4.00% (deposit rate).
Savings Accounts Dutch Glossary
sparen – savings
spaarrekening – savings account
rente – interest rate
deposito – fixed term deposit
This page is for information purposes only, we are not offering any financial advice. We try to present accurate info but as ever products and interest rates can change at any time.
Last updated 16 April 2024.
Links on AmsterdamTips.com may pay us an affiliate commission.
