SimpleSave is a brand of Citibank Europe plc, a bank from Ireland, supervised by Central Bank of Ireland. From the Netherlands you open an account through the savings platform Raisin: one Raisin account, with your money held at SimpleSave in your name.
For €50,000 we list 1 instant-access account from SimpleSave. The best instant-access account, Spaarrekening, pays an effective 2.25% a year. The highest instant-access rate in our comparison is 3.03% right now.
The lowest minimum deposit is €1.
Savings at SimpleSave fall under Deposit Guarantee Scheme (Ireland), the statutory deposit guarantee scheme of Ireland, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Ireland does not withhold tax on the interest of a saver who lives in the Netherlands.