ASN Sparen vs Garanti BBVA Savings
Two savings accounts for expats in the Netherlands, figure by figure.
Garanti BBVA Savings is the stronger pick for most expats.
- Interest rate: 2.55% as a promotion for 6 months, then 1.55% vs 1.30%
| Figure | ||
|---|---|---|
| Interest rate | 1.30% | 2.55% as a promotion for 6 months, then 1.55% (better) |
| Minimum deposit | None | None |
| Access to your money | Instant | Instant |
| Maximum deposit | No limit (better) | €100,000 |
| Deposit guarantee | Up to €100,000 (NL scheme) (better) | Not verified |
| Rate check | Verified 29 October 2026 | Not yet verified |
Bold marks the better value in a row. Figures are checked daily against provider sources; each product page shows when its figures were last confirmed.
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
Questions
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% as a promotion for 6 months, 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% as a promotion for 6 months, then 1.55% versus 1.30%.
Are ASN Sparen and Garanti BBVA Savings covered by a deposit guarantee?
ASN Sparen: Up to €100,000 per person per bank, under the Dutch deposit guarantee scheme (De Nederlandsche Bank). ASN Bank, SNS, RegioBank and BLG Wonen are one bank: one €100,000 limit across them. Garanti BBVA Savings: Not verified yet. Check the provider’s deposit guarantee information sheet before you deposit.