The best savings account for expats (October 2026)
These banks let you manage your savings in English. With €25,000, Trade Republic pays the most now: €750.00 in the first year, on the Betaalrekening met rente. Expats get the same rates as everyone else.
Interest on €25,000 in the first year
| # | Bank | Rate | In English | Interest |
|---|---|---|---|---|
| 1 | Trade RepublicBetaalrekening met rente · App and website | 2.50%3.00% for new customers | App and website | €750.00 |
| 2 | bunqSpaarrekening · App and website | 1.61%3.11% welcome rate, 2 months | App and website | €452.50 |
| 3 | ABN AMRODirect Sparen · App and website | 1.25% | App and website | €312.50 |
| 4 | INGOranje Spaarrekening · App and website | 1.25% | App and website | €275.00 |
Only easy-access accounts: you can take your money out at any time. Welcome rates count for the months you get them. One account per bank: the one that pays the most.
Good to know as an expat
- Most Dutch banks ask for a BSN (citizen service number) and a Dutch address. You get both when you register with your municipality.
- Some savings accounts work with a current account at any bank. Then you do not have to move your salary.
- The deposit guarantee covers € 100,000 per person per bank. It does not depend on your nationality.
- In the Netherlands you pay no tax on the interest itself. Savings count towards your wealth in box 3 of your tax return.
Frequently asked questions
Which savings account is best for expats?
With €25,000, Trade Republic pays the most now: €750.00 in the first year, on the Betaalrekening met rente.
Can I open a Dutch savings account without a BSN?
Some banks let you start without one. ABN AMRO and ING let you open an account first and give your BSN within 90 days. Most other banks ask for it before you open an account.
Do expats get a lower rate?
No. The rate depends on the account and your balance, not on where you are from.
Are my savings safe?
Yes, up to € 100,000 per person per bank. Every bank on this page is covered by a deposit guarantee scheme. If a bank fails, the scheme pays your savings back up to that amount.
We check facts such as a joint account or an English app by hand, on the banks’ own websites. Last checked on 27 October 2026. Banks can change them, so check with the bank before you open an account.