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ASN Sparen vs Rabo Spaargeld

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.

Rabo Spaargeld is the stronger pick for most expats.

  • Interest rate: 1.40% 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

Rabo Spaargeld

One of the "Big 3" Dutch banks. Tiered rate: 1.70% on first €20k, then 1.40% up to €100k. Excellent for expats who want a traditional Dutch banking relationship.

rabobank-customerstraditionaldutch-bank

Side by side

Feature
ASN Sparen
Rabo Spaargeld
Interest rate
1.30%
1.40%
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)

Rabo Spaargeld

What we like

  • Major Dutch bank (Big 3)
  • Strong English support
  • 1.70% on first €20,000
  • Full €100k deposit guarantee

What to consider

  • Rate drops to 1.40% above €20k
  • Requires Rabobank current account
  • Traditional banking experience
  • Better rates available elsewhere

Frequently asked

Is ASN Sparen or Rabo Spaargeld better for expats in the Netherlands?

Rabo Spaargeld comes out ahead for most expats. Interest rate: 1.40% vs 1.30%

Which has the higher interest rate, ASN Sparen or Rabo Spaargeld?

Rabo Spaargeld pays more — 1.40% versus 1.30%.

Are ASN Sparen and Rabo Spaargeld covered by the Dutch deposit guarantee?

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