Deposit ladder
Split your savings over deposits with rising terms. Every year a part comes free, the rest keeps a higher fixed rate. Per rung the planner picks the best-paying offer from the deposit comparison, within the deposit guarantee. A worked example, not advice.
Your ladder
3.37%average effective annual rate · €1,685 interest per year over €50,000
3 deposits from 1 year until 3 years. Over the whole term together €3,426 interest; the first part comes free on 18 Sep 2027 .
Compared with
- everything 3 years fixed · Renault Bank, 3.30%+€35 p.a.
- everything 1 year fixed · BluOr Bank, 3.45%−€40 p.a.
- everything instant access · Trade Republic, 3.03%+€168 p.a.
Purely on rate, everything 1 year fixed earns more right now. The ladder buys spread: money that comes free and a rate that follows the market up.
| Rung | Bank and product | Deposit | Rate | Effective | Interest over the term | Matures | |
|---|---|---|---|---|---|---|---|
| 1 year | BluOr Bank Termijndeposito · BluOr Bank AS | €16,600 | 3.45% | 3.45% | €573 | 18 Sep 2027 | all 1 year → |
| 2 years | Inbank Termijndeposito · Inbank AS | €16,600 | 3.36% | 3.36% | €1,134 | 18 Sep 2028 | all 2 years → |
| 3 years | Renault Bank Termijndeposito · RCI Banque S.A. | €16,800 | 3.30% | 3.30% | €1,719 | 18 Sep 2029 | all 3 years → |
What matures when
- 18 Sep 2027€17,173deposit plus €573 rate
- 18 Sep 2028€16,600deposit; interest yearly paid out
- 18 Sep 2029€16,800deposit; interest yearly paid out
When a rung matures you lock that part up again for the longest term at the rate of that moment; that keeps the ladder going. Rates are gross and as the bank publishes them now; the effective annual rate includes fees and compound interest.
Compare with instant-access saving Unsure about locking up? Guided choice
About deposit ladders
What is a deposit ladder?
You split your savings over deposits with rising terms, for example 1, 2 and 3 years. Every year one matures: you can withdraw that part or lock it up again for the longest term at the rate of that moment. That way you combine the higher rate of long terms with money that comes free regularly.
When does a ladder pay off?
When long terms pay more than short ones and you do not want to lose access to all your money for years. If short and long terms pay about the same, or an instant-access account pays as much, locking up adds little; the comparison below shows that per amount.
What about the deposit guarantee?
The guarantee is per person per banking licence, usually up to € 100,000. Two rungs at the same bank count together. The planner picks, per rung, the best-paying bank where your amount still fits within the guarantee, so every euro stays covered.
You open the accounts at the bank or via Raisin; click a bank for the conditions and the button to the provider.