13.2.2024

Where and Why Do the Dutch Invest in Savings Accounts?

2 min read

Dutch citizens are increasingly looking beyond their country's low-interest rate environment to find better savings options abroad. This article presents the top offers for savings deposits available to Dutch investors, highlighting the benefits of opening accounts online and emphasizing the safety and legality of such transactions under the Deposit Guarantee Scheme.

According to ECB data, interest rates on overnight deposits are steadily increasing, making them an attractive investment option. However, in the Netherlands, they remain low at 0.20%.

That's why many Dutch citizens choose to open deposits abroad.

And here's why:

1. In the EU market, there are offers with interest rates up to 3.50% available to Dutch citizens.
2. Deposits are protected by the Deposit Guarantee Scheme, ensuring the safety of investments in any EU bank up to €100,000.
3. Many countries do not tax deposits of Dutch citizens in banks, non-banks, and credit unions.

Below are the best offers for savings deposits available right now.
Just click the «Open online» button, review the terms, and quickly open a deposit account online!

Savings & Demand Accounts with the Highest Interest Rates for Dutch Citizens 02/2024

Interest rate	Bank	Currency
3.50%	Banca Progetto (Italy)	EUR	Open online ->
3.31%	Distingo Bank (France)	EUR	Open online ->
3.30%	CKV Spaarbank (Belgium)	EUR	Open online ->
3.29%	Nordax Bank (Sweden)	EUR	Open online ->
3.27%	Alisa Bank (Finland)	EUR	Open online ->
3.25%	Klarna Bank AB (Zweden)	EUR	Open online ->

Opening a savings & demand accounts online is legal and safe: any deposit up to € 100,000 per depositor and bank is covered by the Deposit Guarantee Scheme (DGS).

These reviews are for informational purposes only and should not be construed as investment or financial advice, and users should always conduct their research or consult with professional advisors before making any decisions related to their finances.