Head to head · 2026
Klarna 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.
Our verdict
Klarna Savings is the stronger pick for most expats.
- Deposit guarantee: Up to €100,000 vs Not guaranteed
Klarna
Our pickKlarna 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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Wise
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
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
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 Klarna Savings or Wise Interest better for expats in the Netherlands?
Klarna Savings comes out ahead for most expats. Deposit guarantee: Up to €100,000 vs Not guaranteed
Which has the higher interest rate, Klarna Savings or Wise Interest?
Wise Interest pays more — 1.72% versus 1.70%.
Are Klarna Savings and Wise Interest covered by the Dutch deposit guarantee?
Klarna Savings is covered (deposits protected up to €100,000). Wise Interest is not covered.