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Spaarrekening vs Klarna 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.

Spaarrekening is the stronger pick for most expats.

  • Interest rate: 1.85% vs 1.70%
Our pick

Spaarrekening

Formerly LeasePlan Bank. Dutch-registered bank offering 1.85% with full €100k guarantee. Solid, boring option.

dutch-bankconservativesimple

Klarna Savings

Swedish fintech now offering savings with 1.75% interest. Same app you might use for shopping, now with savings rates.

digitalhigh-interestklarna-users

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Side by side

Feature
Spaarrekening
Klarna Savings
Interest rate
1.85%
1.70%
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.

Spaarrekening

What we like

  • Dutch bank with DNB supervision
  • Full €100k deposit guarantee
  • No account fees
  • Straightforward savings

What to consider

  • Rate not the highest (1.85%)
  • Basic online interface
  • Less known brand (rebranded)
  • No mobile app highlights

Klarna Savings

What we like

  • 1.75% interest rate
  • Excellent mobile app
  • Swedish bank license
  • EU deposit guarantee (Sweden)

What to consider

  • Primarily known for payments
  • Swedish bank (not Dutch)
  • Relatively new savings product
  • App focused on shopping features

Frequently asked

Is Spaarrekening or Klarna Savings better for expats in the Netherlands?

Spaarrekening comes out ahead for most expats. Interest rate: 1.85% vs 1.70%

Which has the higher interest rate, Spaarrekening or Klarna Savings?

Spaarrekening pays more — 1.85% versus 1.70%.

Are Spaarrekening and Klarna Savings covered by the Dutch deposit guarantee?

Spaarrekening is covered (deposits protected up to €100,000). Klarna Savings is covered up to €100,000.