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Klarna Savings vs Savings Vault

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.

Savings Vault is the stronger pick for most expats.

  • Interest rate: 1.74% vs 1.70%

Klarna Savings

Swedish fintech now offering savings with 1.75% interest. Same app you might use for shopping, now with savings rates.

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Our pick

Savings Vault

Up to 2.59% on Ultra plan, 1.74% on Standard plan. Daily interest payments. Great if you already use Revolut for travel.

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Side by side

Feature
Klarna Savings
Savings Vault
Interest rate
1.70%
1.74%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
No limit
€100,000
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.

Klarna Savings

What we like

  • 1.75% interest rate
  • Excellent mobile app
  • Swedish bank license
  • EU deposit guarantee (Sweden)

What to consider

  • Primarily known for payments
  • Swedish bank (not Dutch)
  • Relatively new savings product
  • App focused on shopping features

Savings Vault

What we like

  • Up to 2.59% (Ultra plan)
  • Daily interest payments
  • Excellent app and UX
  • Multiple currency savings

What to consider

  • Best rate requires expensive Ultra plan
  • Lithuanian banking license
  • Can be confusing with multiple vaults
  • Rate varies by subscription tier

Frequently asked

Is Klarna Savings or Savings Vault better for expats in the Netherlands?

Savings Vault comes out ahead for most expats. Interest rate: 1.74% vs 1.70%

Which has the higher interest rate, Klarna Savings or Savings Vault?

Savings Vault pays more — 1.74% versus 1.70%.

Are Klarna Savings and Savings Vault covered by the Dutch deposit guarantee?

Klarna Savings is covered (deposits protected up to €100,000). Savings Vault is covered up to €100,000.