N26 Instant Savings vs Trade Republic Cash Interest
Two savings accounts for expats in the Netherlands, figure by figure.
Trade Republic Cash Interest is the stronger pick for most expats.
- Interest rate: 3.00% as a promotion, then 2.00% vs 0.30% (up to 1.50% with N26 Metal)
| Figure | ||
|---|---|---|
| Interest rate | 0.30% (up to 1.50% with N26 Metal) | 3.00% as a promotion, then 2.00% (better) |
| Minimum deposit | None | None |
| Access to your money | Instant | Instant |
| Maximum deposit | No limit | No limit |
| Deposit guarantee | Up to €100,000 (DE scheme) | Up to €100,000 (EU scheme) |
| Rate check | Verified 29 October 2026 | Verified 29 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.
N26 Instant Savings
What we like
- Excellent mobile app
- German bank with EU guarantee
- Easy account opening
- Round-up savings features
What to consider
- Low free tier rate (0.30%)
- Best rate (2.00%) requires paid plan
- Trade Republic beats it on rates
- Customer service issues reported
Trade Republic Cash Interest
What we like
- 2.00% interest (matches ECB rate)
- No account fees
- Dutch IBAN available
- Monthly interest payments
What to consider
- Primarily an investment platform
- German bank (not Dutch)
- Rate follows ECB (will drop when ECB cuts)
- Less established than traditional banks
Questions
Is N26 Instant Savings or Trade Republic Cash Interest better for expats in the Netherlands?
Trade Republic Cash Interest comes out ahead for most expats. Interest rate: 3.00% as a promotion, then 2.00% vs 0.30% (up to 1.50% with N26 Metal)
Which has the higher interest rate, N26 Instant Savings or Trade Republic Cash Interest?
Trade Republic Cash Interest pays more — 3.00% as a promotion, then 2.00% versus 0.30% (up to 1.50% with N26 Metal).
Are N26 Instant Savings and Trade Republic Cash Interest covered by a deposit guarantee?
N26 Instant Savings: Up to €100,000 per person per bank, under the German deposit guarantee scheme (EdB). Trade Republic Cash Interest: Up to €100,000 per person per bank, under the deposit guarantee scheme of the partner bank holding your cash. Cash sits in trust accounts at partner banks in Germany, France, Ireland, Sweden and elsewhere, each covered by its own country's scheme.