Is a one-year deposit better than a savings account?
Only if the fixed rate is higher than what an instant-access account earns that year. The guided choice works that out for your amount: pick 'In a year' and you see the difference per year.
What happens when the deposit matures?
At most banks the money returns to your savings account, or it is locked again at the rate that applies then. Check what the bank does by default when you open it.
Do I pay tax on the interest?
Savings fall under box 3 in the Netherlands: you pay tax on your assets, not directly on the interest you receive. Some foreign banks do withhold tax at source; that is stated for each deposit.
1-year deposit
Deposits of exactly 12 months: your rate is fixed for a year and you know now what you will get at maturity. Suitable for money you will not need in the coming year.
Effective annual rateThe effective annual rate for your amount: what you really earn per year, after fees and with compound interest. Below it the rate the bank advertises; with a promotion that only applies temporarily.
Your returnWhat €50,000 earns per year with this offer, after fees and with compound interest. This is the default sort.
1 year fixed · no early withdrawalwithholding tax 10%Latvia withholds by default 25.5% tax at source. For a Dutch saver 10% remains withheld; the Dutch tax office usually does not credit it in box 3. A reduction takes a form. Letland heft 25,5%; met een Letse woonplaatsverklaring (uiterlijk 8 weken voor de vervaldatum) verlaagd naar 10%.paid out at maturity · min. €10,000 · max. €100,000
1 year fixed · no early withdrawal
withholding tax 10%
Effective annual rate
3.45%▲▲ 0.10%: raised on 14 Sep 2026 from 3.35% to 3.45%.▲ 0.10Rate over the last 90 days. Raised on 14 Sep 2026 from 3.35% to 3.45%.
1 year fixed · no early withdrawalwithholding tax 10%Lithuania withholds by default 15% tax at source. For a Dutch saver 10% remains withheld; the Dutch tax office usually does not credit it in box 3. A reduction takes a form. Litouwen heft 15%; met een Litouwse woonplaatsverklaring (uiterlijk 4 weken voor de vervaldatum) verlaagd naar 10%.paid out at maturity · min. €20,000 · max. €100,000
1 year fixed · no early withdrawal
withholding tax 10%
Effective annual rate
3.45%▲▲ 0.25%: raised on 18 Sep 2026 from 3.20% to 3.45%.
1 year fixed · no early withdrawalwithholding tax 10%Lithuania withholds by default 15% tax at source. For a Dutch saver 10% remains withheld; the Dutch tax office usually does not credit it in box 3. A reduction takes a form. Litouwen heft 15%; met een Litouwse woonplaatsverklaring (uiterlijk 4 weken voor de vervaldatum) verlaagd naar 10%.paid out at maturity · min. €20,000 · max. €100,000
1 year fixed · no early withdrawal
withholding tax 10%
Effective annual rate
3.36%▼▼ 0.05%: lowered on 16 Sep 2026 from 3.41% to 3.36%.
1 year fixed · no early withdrawalwithholding tax 10%Lithuania withholds by default 15% tax at source. For a Dutch saver 10% remains withheld; the Dutch tax office usually does not credit it in box 3. A reduction takes a form. Litouwen heft 15%; met een Litouwse woonplaatsverklaring (uiterlijk 4 weken voor de vervaldatum) verlaagd naar 10%.paid out at maturity · min. €10,000 · max. €95,000
1 year fixed · no early withdrawal
withholding tax 10%
Effective annual rate
3.25%▼▼ 0.15%: lowered on 15 Sep 2026 from 3.40% to 3.25%.
1 year fixed · no early withdrawalno withholding taxEstonia withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €1,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.15%▲▲ 0.15%: raised on 14 Sep 2026 from 3.00% to 3.15%.
1 year fixed · no early withdrawalno withholding taxItaly withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €5,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.15%▲▲ 0.10%: raised on 17 Sep 2026 from 3.05% to 3.15%.
1 year fixed · early withdrawal unknownno withholding taxNetherlands withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · max. €500,000
1 year fixed · early withdrawal unknown
no withholding tax
Effective annual rate
3.10%▲▲ 0.30%: raised on 17 Sep 2026 from 2.80% to 3.10%.
1 year fixed · no early withdrawalno withholding taxMalta withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.10%▲▲ 0.19%: raised on 15 Sep 2026 from 2.91% to 3.10%.
1 year fixed · no early withdrawalno withholding taxFrance withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €5,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.10%▲▲ 0.10%: raised on 17 Sep 2026 from 3.00% to 3.10%.
1 year fixed · early withdrawal unknownno withholding taxNetherlands withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €2,000
1 year fixed · no early withdrawalno withholding taxFrance withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €1,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.06%▲▲ 0.16%: raised on 16 Sep 2026 from 2.90% to 3.06%.
1 year fixed · no early withdrawalno withholding taxItaly withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €25,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.05%▲▲ 0.80%: raised on 16 Sep 2026 from 2.25% to 3.05%.
1 year fixed · no early withdrawalno withholding taxEstonia withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €5,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
3.01%▲▲ 0.06%: raised on 14 Sep 2026 from 2.95% to 3.01%.
1 year fixed · early withdrawal unknownno withholding taxSweden withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity
1 year fixed · early withdrawal unknownno withholding taxGermany withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity
1 year fixed · early withdrawal unknown
no withholding tax
Effective annual rate
3.00%▲▲ 0.25%: raised on 18 Sep 2026 from 2.75% to 3.00%.
1 year fixed · no early withdrawalno withholding taxItaly withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €30,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.95%▲▲ 0.35%: raised on 14 Sep 2026 from 2.60% to 2.95%.
1 year fixed · no early withdrawalno withholding taxSweden withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €500 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.95%▲▲ 0.10%: raised on 15 Sep 2026 from 2.85% to 2.95%.
1 year fixed · no early withdrawalno withholding taxSweden withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €500 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.90%▼▼ 0.10%: lowered on 15 Sep 2026 from 3.00% to 2.90%.
1 year fixed · no early withdrawalno withholding taxGermany withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €1,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.90%▼▼ 0.15%: lowered on 17 Sep 2026 from 3.05% to 2.90%.
1 year fixed · no early withdrawalno withholding taxSweden withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €500 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.90%▲▲ 0.25%: raised on 14 Sep 2026 from 2.65% to 2.90%.
1 year fixed · no early withdrawalno withholding taxItaly withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €50,000 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.86%▲▲ 0.21%: raised on 16 Sep 2026 from 2.65% to 2.86%.
1 year fixed · no early withdrawalno withholding taxItaly withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €20,000 · max. €100,000
1 year fixed · early withdrawal unknownno withholding taxNetherlands withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €500 · max. €500,000
1 year fixed · early withdrawal unknown
no withholding tax
Effective annual rate
2.85%▲▲ 0.30%: raised on 15 Sep 2026 from 2.55% to 2.85%.
1 year fixed · no early withdrawalno withholding taxNetherlands withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €1,000
1 year fixed · early withdrawal unknownno withholding taxNetherlands withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €500 · max. €500,000 · current account required
1 year fixed · early withdrawal unknown
no withholding tax
Effective annual rate
2.75%▲▲ 0.30%: raised on 15 Sep 2026 from 2.45% to 2.75%.
1 year fixed · no early withdrawalno withholding taxNetherlands withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €1,000 · max. €2,000,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.75%▲▲ 0.30%: raised on 14 Sep 2026 from 2.45% to 2.75%.
1 year fixed · early withdrawal unknownwithholding tax reclaimable to 0%Spain withholds by default 19% tax at source. With a certificate of residence (through the bank or Raisin) that becomes 0% for a Dutch saver; what was already withheld can be reclaimed. Spanje heft standaard 19%; met een ondertekende 'Declaración de Residencia Fiscal' (bij Raisin digitaal bij opening) ben je automatisch vrijgesteld.paid out at maturity · min. €1,000
1 year fixed · early withdrawal unknown
withholding tax reclaimable to 0%
Effective annual rate
2.75%▲▲ 0.10%: raised on 15 Sep 2026 from 2.65% to 2.75%.
1 year fixed · early withdrawal unknownwithholding tax reclaimable to 0%Belgium withholds by default 30% tax at source. With a certificate of residence (through the bank or Raisin) that becomes 0% for a Dutch saver; what was already withheld can be reclaimed. België heft standaard 30% roerende voorheffing; met het (digitale) attest roerende voorheffing niet-inwoners ben je vrijgesteld.paid out at maturity · min. €250
1 year fixed · no early withdrawalno withholding taxItaly withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €10,000 · max. €100,000
1 year fixed · no early withdrawalno withholding taxSweden withholds no tax on savings interest of non-residents: you receive the full interest.paid out at maturity · min. €500 · max. €100,000
1 year fixed · no early withdrawal
no withholding tax
Effective annual rate
2.67%▲▲ 0.07%: raised on 14 Sep 2026 from 2.60% to 2.67%.
A few European countries withhold tax on the interest you receive there. Per country: what is withheld, which form lowers it, and when the higher rate is still worth it.
Banks attract new customers with a high rate that drops back after a few months. A worked example shows when such a promotion really earns you more, and when a lower steady rate wins.
The highest savings rates often come from banks in Sweden, Estonia or Malta. What the European deposit guarantee covers, who pays out if things go wrong, and what you need to watch yourself.
▲ 0.25
Rate over the last 90 days. Raised on 18 Sep 2026 from 3.20% to 3.45%.
