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Spaarrekening vs Cash Interest

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.

Cash Interest is the stronger pick for most expats.

  • Interest rate: 2.00% vs 1.85%

Spaarrekening

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

dutch-bankconservativesimple
Our pick

Cash Interest

German broker offering 2.00% on uninvested cash up to €100,000. No fees, Dutch IBAN available, monthly interest payments.

high-interestno-feesdigital

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Side by side

Feature
Spaarrekening
Cash Interest
Interest rate
1.85%
2.00%
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

Cash Interest

What we like

  • 2.00% interest (matches ECB rate)
  • No account fees
  • Dutch IBAN available
  • Monthly interest payments

What to consider

  • Primarily an investment platform
  • German bank (not Dutch)
  • Rate follows ECB (will drop when ECB cuts)
  • Less established than traditional banks

Frequently asked

Is Spaarrekening or Cash Interest better for expats in the Netherlands?

Cash Interest comes out ahead for most expats. Interest rate: 2.00% vs 1.85%

Which has the higher interest rate, Spaarrekening or Cash Interest?

Cash Interest pays more — 2.00% versus 1.85%.

Are Spaarrekening and Cash Interest covered by the Dutch deposit guarantee?

Spaarrekening is covered (deposits protected up to €100,000). Cash Interest is covered up to €100,000.