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ASN Sparen vs Garanti BBVA Savings

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.

Garanti BBVA Savings is the stronger pick for most expats.

  • Interest rate: 2.55% for 6 mo, then 1.55% 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

Garanti BBVA Savings

Dutch-registered bank (part of BBVA group) offering 1.55% standard rate with a 2.55% promo for the first 6 months. Solid option with DNB supervision.

high-interestrate-chasersraisin-users

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Side by side

Feature
ASN Sparen
Garanti BBVA Savings
Interest rate
1.30%
2.55% for 6 mo, then 1.55%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
No limit
€100,000
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)

Garanti BBVA Savings

What we like

  • 2.55% promotional rate for 6 months
  • Dutch-registered bank with DNB supervision
  • Full €100k deposit guarantee
  • No lock-up period

What to consider

  • Standard rate drops to 1.55% after promo
  • Less known brand in Netherlands
  • Basic online interface
  • Rate may change

Frequently asked

Is ASN Sparen or Garanti BBVA Savings better for expats in the Netherlands?

Garanti BBVA Savings comes out ahead for most expats. Interest rate: 2.55% for 6 mo, then 1.55% vs 1.30%

Which has the higher interest rate, ASN Sparen or Garanti BBVA Savings?

Garanti BBVA Savings pays more — 2.55% for 6 mo, then 1.55% versus 1.30%.

Are ASN Sparen and Garanti BBVA Savings covered by the Dutch deposit guarantee?

ASN Sparen is covered (deposits protected up to €100,000). Garanti BBVA Savings is covered up to €100,000.