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Savings Accounts Rates in the Netherlands

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 3% 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.

raisin logoOne of 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 2024/25

Bank Account
Interest Rate
bunq Easy Savings *
up to 3.36% Apply
Collector Bank / HoistSparen via Raisin3.09% Apply
Distingo Bank via Raisin3.06% Apply
Nordax Bank via Raisin
3.00% Apply
N26 Instant Savings Account *
up to 3.00%
Apply
Openbank Open Spaarrekening +
2.75%
Apply
Bigbank Flexibel Sparen ^
2.70%
Yapi-Kredi Euro-Plus Savings
2.60%
Lloyds Bank Internet Spaarrekening2.50%
Anadolubank Alfa Slimmer Sparen
2.30%
Ayvens Bank Flexibel Sparen2.20%
DHB Bank S@veOnlinerekening
2.20%
Argenta Internet Spaarrekening2.15%
NIBC Direct Spaarrekening2.00%
KNAB Flexibel Sparenup to 2.00%
Nationale Nederlanden Internetsparenup to 2.00%
SNS Bank Internet Sparenup to 1.80%
Garanti Bank Gouden Internet Rekening1.75%
ASN Bank Ideaalsparenup to 1.75%
Rabobank Rabo SpaarRekeningup to 1.70%
Triodos Bank Internet Sparenup to 1.70%
ABN AMRO Direct Sparen1.50% Apply
ING Bank Oranje Spaarrekeningup to 1.50%

These are variable interest rates and can change at any time.

* N26 offers a rate of 3.00% for Metal customers only. ‘You’ customers get 2.00% and ‘Smart’/’Standard’ get 1.7%. bunq offers a 3.36% bonus rate for new users whilst its base rate is 2.01%.

+ Openbank has a 6 month 3.65% bonus rate available for new ‘Welkom Open Spaarrekening‘ customers.

^ Bigbank customers opening a Flexible Sparen account get a 3.15% bonus rate for 6 months.

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 2024/25

Bank Account 1yr
Interest Rate
Banca Progetto via Raisin3.40% Apply
PayRay / Rietumu Bank / CA Auto Bank via Raisin3.30% Apply
ProCredit Bank / Credito Lombardo Veneto via Raisin3.25% Apply
Bigbank Deposito3.10%
Anadolubank Termijn Deposito3.00%
Yapi Kredi Euro-Plus Deposit3.00%
Ayvens Bank Deposito sparen2.75%
Garanti Bank Gouden Termijn Deposito2.75%
DHB Bank MaxiSpaarrekening2.60%
Argenta Termijndeposito2.55%
NIBC Direct Termijndeposito2.55%
Nationale Nederlanden Depositosparen2.50%
Openbank Spaardeposito2.47%Apply
KNAB Deposito sparen2.35%
Triodos Bank Spaar Deposito2.25%

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.

In 2024 it has lowered rates 3 times. It stands at 3.40% (base rate) and 3.25% (deposit rate). Source: ECB

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 7 November 2024.

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