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ASN Sparen vs Instant 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.

ASN Sparen is the stronger pick for most expats.

  • Interest rate: 1.30% vs 0.30%
Our pick

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

Instant Savings

German neobank with 0.30% on free plan, up to 2.00% on paid plans. Good app but free tier rate is disappointing compared to competitors.

n26-usersdigitalround-ups

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Side by side

Feature
ASN Sparen
Instant Savings
Interest rate
1.30%
0.30%
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)

Instant Savings

What we like

  • Excellent mobile app
  • German bank with EU guarantee
  • Easy account opening
  • Round-up savings features

What to consider

  • Low free tier rate (0.30%)
  • Best rate (2.00%) requires paid plan
  • Trade Republic beats it on rates
  • Customer service issues reported

Frequently asked

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

ASN Sparen comes out ahead for most expats. Interest rate: 1.30% vs 0.30%

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

ASN Sparen pays more — 1.30% versus 0.30%.

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

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