Openbank
Welcome Savings
Interest rate
3%APY
After 3mo
1.9%
Access
Instant
Protection
€100k
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Best for:Promo BonusHigh InterestNew Customers
EU Deposit Guarantee
Protected up to €100,000
Best promotional rate in the Netherlands: 3.00% for 3 months on up to €1 million. After promo, standard rate of 1.90% which is still competitive.
Rates last verified: 27 February 2026
Rate breakdown
Promotional rate
3% APY
Duration
3 months
After promotional period
1.9% APY
The verdict
What we like
- 3.00% welcome rate for 3 months
- No minimum deposit
- Up to €1 million covered
- EU deposit guarantee (Spain)
What to consider
- Rate drops to 1.90% after promo
- Spanish bank (Santander subsidiary)
- Customer service can be slow
- App not as polished as Dutch banks
Account details
Standard interest rate1.9% APY
Promotional rate3% for 3 months
Minimum depositNone required
Maximum deposit€1,000,000
Withdrawal accessInstant access
Deposit protection€100,000 EU guarantee
Earn up to
3%
annual interest
Affiliate link — we may earn a commission. Details
You'll need your BSN and valid ID
Quick facts
Provider
Openbank
Access time
Instant
Protection
€100k guaranteed
Head to head
Compare Welcome Savings
See how Welcome Savings compares head-to-head with other savings accounts expats in the Netherlands consider.
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