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Garanti BBVA Savings vs Wise 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.

Wise Interest is the stronger pick for most expats.

  • Interest rate: 1.72% vs 2.55% for 6 mo, then 1.55%
  • Maximum deposit: No limit vs €100,000

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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Our pick

Wise Interest

Earn interest on EUR balance through BlackRock money market fund. Variable rate (~1.57% avg net of 0.26% fee). Best if you already use Wise for international transfers. Not a guaranteed deposit rate.

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Side by side

Feature
Garanti BBVA Savings
Wise Interest
Interest rate
2.55% for 6 mo, then 1.55%
1.72%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
€100,000
No limit
Deposit guarantee
Up to €100,000
Not guaranteed

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

Wise Interest

What we like

  • Interest paid monthly
  • No lock-up period
  • Excellent for multi-currency
  • Instant access to funds

What to consider

  • Not a bank deposit (money market fund)
  • Not covered by €100k deposit guarantee
  • Rate is variable and net of 0.26% fund fee
  • Estonian investor protection only (€20k)

Frequently asked

Is Garanti BBVA Savings or Wise Interest better for expats in the Netherlands?

Wise Interest comes out ahead for most expats. Interest rate: 1.72% vs 2.55% for 6 mo, then 1.55%

Which has the higher interest rate, Garanti BBVA Savings or Wise Interest?

Wise Interest pays more — 1.72% versus 2.55% for 6 mo, then 1.55%.

Are Garanti BBVA Savings and Wise Interest covered by the Dutch deposit guarantee?

Garanti BBVA Savings is covered (deposits protected up to €100,000). Wise Interest is not covered.