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Rabo Spaargeld 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 1.40%

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
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.

wise-usersmulti-currencyflexible

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Side by side

Feature
Rabo Spaargeld
Wise Interest
Interest rate
1.40%
1.72%
Minimum deposit
None
None
Access to your money
Instant
Instant
Maximum deposit
No limit
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.

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

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 Rabo Spaargeld or Wise Interest better for expats in the Netherlands?

Wise Interest comes out ahead for most expats. Interest rate: 1.72% vs 1.40%

Which has the higher interest rate, Rabo Spaargeld or Wise Interest?

Wise Interest pays more — 1.72% versus 1.40%.

Are Rabo Spaargeld and Wise Interest covered by the Dutch deposit guarantee?

Rabo Spaargeld is covered (deposits protected up to €100,000). Wise Interest is not covered.