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Garanti BBVA Savings vs Rabo Spaargeld

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.

Garanti BBVA Savings is the stronger pick for most expats.

  • Interest rate: 2.55% for 6 mo, then 1.55% vs 1.40%
Our pick

Garanti BBVA Savings

Dutch-registered bank (part of BBVA group) offering 1.55% standard rate with a 2.55% promo for the first 6 months. Solid option with DNB supervision.

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Rabo Spaargeld

One of the "Big 3" Dutch banks. Tiered rate: 1.70% on first €20k, then 1.40% up to €100k. Excellent for expats who want a traditional Dutch banking relationship.

rabobank-customerstraditionaldutch-bank

Side by side

Feature
Garanti BBVA Savings
Rabo Spaargeld
Interest rate
2.55% for 6 mo, then 1.55%
1.40%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
€100,000
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.

Garanti BBVA Savings

What we like

  • 2.55% promotional rate for 6 months
  • Dutch-registered bank with DNB supervision
  • Full €100k deposit guarantee
  • No lock-up period

What to consider

  • Standard rate drops to 1.55% after promo
  • Less known brand in Netherlands
  • Basic online interface
  • Rate may change

Rabo Spaargeld

What we like

  • Major Dutch bank (Big 3)
  • Strong English support
  • 1.70% on first €20,000
  • Full €100k deposit guarantee

What to consider

  • Rate drops to 1.40% above €20k
  • Requires Rabobank current account
  • Traditional banking experience
  • Better rates available elsewhere

Frequently asked

Is Garanti BBVA Savings or Rabo Spaargeld better for expats in the Netherlands?

Garanti BBVA Savings comes out ahead for most expats. Interest rate: 2.55% for 6 mo, then 1.55% vs 1.40%

Which has the higher interest rate, Garanti BBVA Savings or Rabo Spaargeld?

Garanti BBVA Savings pays more — 2.55% for 6 mo, then 1.55% versus 1.40%.

Are Garanti BBVA Savings and Rabo Spaargeld covered by the Dutch deposit guarantee?

Garanti BBVA Savings is covered (deposits protected up to €100,000). Rabo Spaargeld is covered up to €100,000.