Knab is a brand of BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG, a bank from Austria, supervised by FMA (Oostenrijk). You open an account with the bank itself, online.
For €50,000 we list 1 instant-access account and 5 deposits from Knab, with terms from 1 year to 5 years. The best instant-access account, Flexibel Sparen, pays an effective 1.26% a year. The highest instant-access rate in our comparison is 3.03% right now. The best-paying deposit runs for 5 years at an effective 2.10% a year.
The lowest minimum deposit is €1,000. Some rates require a current account with the bank as well.
Savings at Knab fall under Einlagensicherung AUSTRIA Ges.m.b.H. (ESA), the statutory deposit guarantee scheme of Austria, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Austria does not withhold tax on the interest of a saver who lives in the Netherlands.
No changes seen since we started following Knab .
| Deposito Sparen | Deposit · 4 years | 2.05% | 2.05% | €1,025 per year, annualised | Details |
| Deposito Sparen | Deposit · 5 years | 2.10% | 2.10% | €1,050 per year, annualised | Details |