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Spaarrekening vs NIBC Direct Spaarrekening

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 1.44%
Our pick

Spaarrekening

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

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NIBC Direct Spaarrekening

Dutch bank offering 1.45% with no strings attached. Simple online-only savings. Often overlooked but solid choice for rate-seekers.

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Side by side

Feature
Spaarrekening
NIBC Direct Spaarrekening
Interest rate
1.85%
1.44%
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

NIBC Direct Spaarrekening

What we like

  • 1.45% standard rate
  • Dutch bank with DNB supervision
  • No minimum deposit
  • Full €100k guarantee

What to consider

  • Online-only (no branches)
  • Less known brand
  • Basic online interface
  • No mobile app

Frequently asked

Is Spaarrekening or NIBC Direct Spaarrekening better for expats in the Netherlands?

Spaarrekening comes out ahead for most expats. Interest rate: 1.85% vs 1.44%

Which has the higher interest rate, Spaarrekening or NIBC Direct Spaarrekening?

Spaarrekening pays more — 1.85% versus 1.44%.

Are Spaarrekening and NIBC Direct Spaarrekening covered by the Dutch deposit guarantee?

Spaarrekening is covered (deposits protected up to €100,000). NIBC Direct Spaarrekening is covered up to €100,000.