Author Topic: Dutch savings account recommendations  (Read 3278 times)

jnc

  • 5 O'Clock Shadow
  • *
  • Posts: 93
Dutch savings account recommendations
« on: October 29, 2014, 07:38:45 AM »
Someone on the forum has mentioned this useful site for comparing saving accounts interest rates in the Netherlands: http://www.spaarinformatie.nl/

I was wondering if anyone had experience with the top banks (by interest rate) listed here such as KNAB? I am thinking of opening a savings account with them and would appreciate any feedback positive or negative you may have heard about them.

Thanks!

Mr FrugalNL

  • Stubble
  • **
  • Posts: 130
  • Location: Netherlands
Re: Dutch savings account recommendations
« Reply #1 on: October 29, 2014, 12:17:30 PM »
I have no experience with KNAB, but I do have savings accounts with Nationale-Nederlanden and LeasePlan Bank. I am happy with both. Opening an account is easy in both cases, and so far there has been nothing to complain about.

At the moment NN is tied with KNAB and Argenta for highest variable interest rate (1.65%), and LeasePlan Bank offers the highest interest on a one-year time deposit (1.95%). But thanks to spaarinformatie.nl you already knew that, of course. :)

I will say that KNAB Plus looks like a rip-off at 5/month. KNAB Basis is more reasonable, being free. If you're looking for both a current account and a savings account, then ING + NN would be cheaper than KNAB Plus.
http://www.spaarinformatie.nl/ - Up-to-date overview of the best Dutch savings accounts

jnc

  • 5 O'Clock Shadow
  • *
  • Posts: 93
Re: Dutch savings account recommendations
« Reply #2 on: October 29, 2014, 03:12:11 PM »
Thanks for the feedback. Very helpful. Will checkout NN.

ScroogeMcDutch

  • 5 O'Clock Shadow
  • *
  • Posts: 86
Re: Dutch savings account recommendations
« Reply #3 on: October 30, 2014, 06:07:25 AM »
I have a corporate account with KNAB, where they are extremely competitive in their interest rate and cost for account. So far I am quite happy with them, although their web interface and app does feel a bit overdesigned and is not very intuitive to me. I would not want to have that for my personal bank account, but for an additional savings account it seems fine. KNAB basic caps out at 50k deposit I think.