Garanti BBVA Savings vs Rabo Spaargeld
Two savings accounts for expats in the Netherlands, figure by figure.
Rabo Spaargeld is the stronger pick for most expats.
- Interest rate: 1.60% vs 2.55% as a promotion for 6 months, then 1.55%
- Maximum deposit: No limit vs €100,000
- Deposit guarantee: Up to €100,000 (NL scheme) vs Not verified
| Figure | ||
|---|---|---|
| Interest rate | 2.55% as a promotion for 6 months, then 1.55% | 1.60% (better) |
| Minimum deposit | None | None |
| Access to your money | Instant | Instant |
| Maximum deposit | €100,000 | No limit (better) |
| Deposit guarantee | Not verified | Up to €100,000 (NL scheme) (better) |
| Rate check | Not yet verified | Verified 17 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
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
Questions
Is Garanti BBVA Savings or Rabo Spaargeld better for expats in the Netherlands?
Rabo Spaargeld comes out ahead for most expats. Interest rate: 1.60% vs 2.55% as a promotion for 6 months, then 1.55%
Which has the higher interest rate, Garanti BBVA Savings or Rabo Spaargeld?
Rabo Spaargeld pays more — 1.60% versus 2.55% as a promotion for 6 months, then 1.55%.
Are Garanti BBVA Savings and Rabo Spaargeld covered by a deposit guarantee?
Garanti BBVA Savings: Not verified yet. Check the provider’s deposit guarantee information sheet before you deposit. Rabo Spaargeld: Up to €100,000 per person per bank, under the Dutch deposit guarantee scheme (De Nederlandsche Bank).