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ASN Sparen vs Spaarrekening

How these two savings accounts stack up for expats in the Netherlands — compared on the numbers that actually matter, with a verdict based on the data.

Spaarrekening is the stronger pick for most expats.

  • Interest rate: 1.85% vs 1.30%

ASN Sparen

Major Dutch sustainable bank (formerly de Volksbank). Focuses on social and environmental impact. Now the parent brand after 2025 rebrand, incorporating SNS and RegioBank.

ethicalsustainabledutch-bank
Our pick

Spaarrekening

Formerly LeasePlan Bank. Dutch-registered bank offering 1.85% with full €100k guarantee. Solid, boring option.

dutch-bankconservativesimple

Side by side

Feature
ASN Sparen
Spaarrekening
Interest rate
1.30%
1.85%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
No limit
No limit
Deposit guarantee
Up to €100,000
Up to €100,000

Highlighted cells show the stronger option for each feature. Rates and fees are verified from provider sources; figures shown as of 2026.

ASN Sparen

What we like

  • Sustainable investment focus
  • Climate-positive bank
  • Now a major Dutch banking group
  • Full €100k guarantee

What to consider

  • Low interest rate (~1.30%)
  • Dutch-only interface mostly
  • Limited product range
  • Undergoing organizational changes (2025-2026 rebrand)

Spaarrekening

What we like

  • Dutch bank with DNB supervision
  • Full €100k deposit guarantee
  • No account fees
  • Straightforward savings

What to consider

  • Rate not the highest (1.85%)
  • Basic online interface
  • Less known brand (rebranded)
  • No mobile app highlights

Frequently asked

Is ASN Sparen or Spaarrekening better for expats in the Netherlands?

Spaarrekening comes out ahead for most expats. Interest rate: 1.85% vs 1.30%

Which has the higher interest rate, ASN Sparen or Spaarrekening?

Spaarrekening pays more — 1.85% versus 1.30%.

Are ASN Sparen and Spaarrekening covered by the Dutch deposit guarantee?

ASN Sparen is covered (deposits protected up to €100,000). Spaarrekening is covered up to €100,000.