Garanti BBVA Savings vs Klarna Savings
Two savings accounts for expats in the Netherlands, figure by figure.
Klarna Savings is the stronger pick for most expats.
- Interest rate: 2.20% (up to 2.70% with Klarna Max) vs 2.55% as a promotion for 6 months, then 1.55%
- Maximum deposit: No limit vs €100,000
- Deposit guarantee: Up to Covered (SE scheme) vs Not verified
| Figure | ||
|---|---|---|
| Interest rate | 2.55% as a promotion for 6 months, then 1.55% | 2.20% (up to 2.70% with Klarna Max) (better) |
| Minimum deposit | None | None |
| Access to your money | Instant | Instant |
| Maximum deposit | €100,000 | No limit (better) |
| Deposit guarantee | Not verified | Up to Covered (SE scheme) (better) |
| Rate check | Not yet verified | Verified 18 October 2026 |
Bold marks the better value in a row. Figures are checked daily against provider sources; each product page shows when its figures were last confirmed.
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
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
Questions
Is Garanti BBVA Savings or Klarna Savings better for expats in the Netherlands?
Klarna Savings comes out ahead for most expats. Interest rate: 2.20% (up to 2.70% with Klarna Max) vs 2.55% as a promotion for 6 months, then 1.55%
Which has the higher interest rate, Garanti BBVA Savings or Klarna Savings?
Klarna Savings pays more — 2.20% (up to 2.70% with Klarna Max) versus 2.55% as a promotion for 6 months, then 1.55%.
Are Garanti BBVA Savings and Klarna Savings covered by a deposit guarantee?
Garanti BBVA Savings: Not verified yet. Check the provider’s deposit guarantee information sheet before you deposit. Klarna Savings: Covered, under the Swedish deposit guarantee scheme (Riksgälden). Up to SEK 1,150,000 (about €100,000) per person.