Hey bunqers 🌈
We’re very happy to announce that after yet another interest hike by the European Central Bank, we raised MassInterest on Personal Accounts. As of July 15, 2023, the following applies:
- The Interest rate for Dutch Personal Savings Accounts raises from 2.01% to 2.46%.
- The interest rate for Business Accounts still remains on a market high 1.05%.
- You’ll get interest on savings up to €100,000 as before.
- All your savings are automatically protected up to €100,000 by the Dutch Deposit Guarantee Scheme as always!
- The 2x per month withdrawal limit for Savings Accounts remains unchanged.
Why is MassInterest raised?
We always strive to offer you the best possible interest rate. With the European Central Bank’s recent rate hikes, we continue to increase our interest rates too.
Why is MassInterest raised in the Netherlands?
The decision to raise interest rates for Personal and Business Savings Accounts is influenced by various factors, like market conditions for example. However, you can now also save in USD and GBP. Further information can be found here.
Why do MassInterest rates vary in different countries?
We strive to offer our users a competitive interest in all countries where we operate. Each country however has its own set of rules, regulations and market conditions which result in different interest rates across Europe. The country where you are resident determines which of bunq's rates applies to you.
How can I set up my dedicated Savings Account to receive MassInterest?
If you don’t have a Savings Account yet, simply follow the steps below:
- From your Home screen
- Press 🟣+ Add
- Select Add Sub-Account
- Select Savings Account
- Personalize your account as you like
- Done!
In case you currently have active Savings Accounts, the new MassInterest rate will automatically apply to them.
Related topics
Want to learn more? Explore more bunq knowledge here 🌈
