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ASN Sparen vs Scalable Capital Cash

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.

Scalable Capital Cash is the stronger pick for most expats.

  • Interest rate: 2.00% 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

Scalable Capital Cash

Investment platform offering 2.00% on cash balances up to €50,000. German-regulated with EU deposit guarantee. Also offers ETF and stock investing.

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Side by side

Feature
ASN Sparen
Scalable Capital Cash
Interest rate
1.30%
2.00%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
No limit
€50,000
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)

Scalable Capital Cash

What we like

  • 2.00% on cash balances
  • German-regulated platform
  • EU deposit guarantee
  • Also offers ETF and stock investing

What to consider

  • Maximum €50,000 for interest
  • Primarily an investment platform
  • German bank (not Dutch)
  • Rate may follow ECB changes

Frequently asked

Is ASN Sparen or Scalable Capital Cash better for expats in the Netherlands?

Scalable Capital Cash comes out ahead for most expats. Interest rate: 2.00% vs 1.30%

Which has the higher interest rate, ASN Sparen or Scalable Capital Cash?

Scalable Capital Cash pays more — 2.00% versus 1.30%.

Are ASN Sparen and Scalable Capital Cash covered by the Dutch deposit guarantee?

ASN Sparen is covered (deposits protected up to €100,000). Scalable Capital Cash is covered up to €100,000.