• Ideas

  • [SUGGESTION] Accumulated interest and not an accounting year

  • PPaulChamp

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  • Post #1

Its a very easy question, BUNQ pays 52 times a year interest. Interest over interest with big confetti as a it is an party each week. My simple question however cannot be answered by 'FIN', how to see my received interest in 2025. I want to get an basic answer to my question:
"How much interest has BUNQ paid me in 2025?". In my account they only state that since the beginning of my account they paid x amount of interest. If it is logic I am not understanding the idea behind that accounting, and suggest to add an additional line to state in this running accounting year your received xxx interest. Isn't that an simple question? After 52 payment I should not go manually back and calculate one-by-one-by-one what has been paid. And accumulative figures is not of my interest at all. Or what is the reasoning why only an accumulative interest has been displayed? I hope on an clear answer, Thank you

    • NancyChamp

    • Post #2

    Hey @New-Ivory-Bunny-1030484719#298388 and thanks for engaging with our community! To see the total amount of interest earned in a year, you can export an annual statement from the app, and in the last page, it shows the total amount of the year 🌈

    To export it, you can click here or by follow the steps bellow:

    Tap on Profile
    Select Accounting under your Personal account
    Tap on Annual Overview
    Select the pdf file you want to check ✅

    More details to be found here: https://together.bunq.com/d/2523

      • PPaulChamp

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      • Post #3

      @olive-olive#298389 Dear Nancy this is what I did, but there it shows only the interest per year you select. Now we are in the year 2025, and during the year I need to see and compare the interests and this is not possible. Even 'FIN' just confirmed this. You can manually do calculations yourself with the risk of making a mistake. The tax officer wants a clear answer, which I van not provide worse, how can I explain the tax authorities your accumulated interest since the start? In Germany they will tax me in the Accumulative received interest rather than the yearly received interest. BUNQ has the accumulated interest at hand, which I repeat is not useful at all if you want to see your received interest in the year 2025. Can you please add this as a tip and forward it to the development team at BUNQ to evaluate if they can make this more easier available? Thanks

        Jo changed the title to [SUGGESTION] Accumulated interest and not an accounting year.

          • JoAce

          • Post #6

          Hi @New-Ivory-Bunny-1030484719#298390 👋

          I've forwarded your suggestion to our development team in which they'll review. Thank you for your suggestion and I wish you a wonderful day ahead 🌈

            • PPaulChamp

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            • Post #7

            BEDANKT!

              • PPaulChamp

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              • Post #8
              • Edited

              Reference is made to my Paid Interest which seems incorrect.
              FIN did mention to see you, so I raised an call in The Forum Together BUNQ and that did not clarify this issue. Now I will attach (in my private BUNQ APP) two screenshots to show I found another discrepancy in my payment of interest by BUNQ and my Yearly accounting statement's of € xx,21!
              This is why I want to see only my interest received per year, and not accumulative received of the all the years at BUNQ!

              I want to have an Christal clear transparant statement shown to my Tax officer.
              Today I did check exactly what you mention to do; go to my Financial statements and here there seems an even bigger issue, you state in one statement if the year 2023 two different interest paid figures. Which one should I declare to my Tax officer? See attached the two screenshots I made. (Again in my own BUNQ App).
              Please explain this to me, and please enforce BUNQ to add a line "Total received interest over calendar year", in addition to the "totals accumulated interest", and for your accounting these two figures should be equal!
              In my case there is a difference of € xx,21 Please explain.

                • ThijsProdigy

                • Post #9

                @New-Ivory-Bunny-1030484719#298436

                two different interest paid figures

                Yes, because there's a standard I interest and a bonus interest. And it's possible the interest rate changed during the year.

                  • PPaulChamp

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                  • Post #10
                  • Edited

                  Dear Thijs,

                  thank you for your suggestion but this was not the case. I got an reply from BUNQ that they are aware of this problem and they helped to rectify and updated my 2023 yearly statement. NOW however they made the same mistake in my 2024 yearly statement as well. (Are they shifting the problem or issue ahead to the next year?) Lets see if more people are in the position that they paid interest and the listed interests are different on their 'Yearly Statements' and if more people do not like to see the accumulative interest year over year adding up instead of an kalender year accounting standard.

                  Hi Paul,

                  Thanks for reaching out to us, I understand that you are having an issue with confirming the interest amount you earned for 2023, I'll be happy to help!

                  This is a known issue, which we have now resolved. If you export a new statement for 2023 the correct interest amount will be displayed.

                  If you have any further questions don't hesitate to ask, we are here to help 😊

                  Have a great day
                  🌈

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