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Flexibel Sparen (via Raisin) vs Welcome 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.

Flexibel Sparen (via Raisin) is the stronger pick for most expats.

  • Interest rate: 2.85% for 3 mo, then 2.10% vs 3.00% for 3 mo, then 1.90%
Our pick

Flexibel Sparen (via Raisin)

Highest standard flexible rate available through Raisin platform at 2.10%. Estonian bank with EU deposit guarantee.

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Welcome Savings

Best promotional rate in the Netherlands: 3.00% for 3 months on up to €1 million. After promo, standard rate of 1.90% which is still competitive.

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Side by side

Feature
Flexibel Sparen (via Raisin)
Welcome Savings
Interest rate
2.85% for 3 mo, then 2.10%
3.00% for 3 mo, then 1.90%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
€250,000
€1,000,000
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.

Flexibel Sparen (via Raisin)

What we like

  • 2.10% standard rate (no promo gimmicks)
  • Flexible withdrawals
  • EU deposit guarantee (Estonia)
  • Access via Raisin platform

What to consider

  • Need Raisin account to access
  • Estonian bank (foreign)
  • Separate platform to manage
  • Rate can change

Welcome Savings

What we like

  • 3.00% welcome rate for 3 months
  • No minimum deposit
  • Up to €1 million covered
  • EU deposit guarantee (Spain)

What to consider

  • Rate drops to 1.90% after promo
  • Spanish bank (Santander subsidiary)
  • Customer service can be slow
  • App not as polished as Dutch banks

Frequently asked

Is Flexibel Sparen (via Raisin) or Welcome Savings better for expats in the Netherlands?

Flexibel Sparen (via Raisin) comes out ahead for most expats. Interest rate: 2.85% for 3 mo, then 2.10% vs 3.00% for 3 mo, then 1.90%

Which has the higher interest rate, Flexibel Sparen (via Raisin) or Welcome Savings?

Flexibel Sparen (via Raisin) pays more — 2.85% for 3 mo, then 2.10% versus 3.00% for 3 mo, then 1.90%.

Are Flexibel Sparen (via Raisin) and Welcome Savings covered by the Dutch deposit guarantee?

Flexibel Sparen (via Raisin) is covered (deposits protected up to €100,000). Welcome Savings is covered up to €100,000.