KnabFlexibel Sparen
Instant access · BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG · Austria · Directly at the bank
Current account required
- Rate
- 1.25%
- variable
- since 2 Sep 2026
- EffectiveThe effective annual rate for €25,000: what you really earn per year, after fees and including compound interest, so that terms and payout frequencies are comparable. The rate differs per balance tier. Interest is compounded during the term and earns interest on interest.
- 1.26%
- for €25,000
- Your return on €25,000
- €314
- interest per year
- Deposit guarantee
- €25,000 fully protectedAustrian scheme
BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG · Einlagensicherung AUSTRIA Ges.m.b.H. (ESA) · €100,000 per person per bank
Your calculation for €25,000
Gross interest over 1 year: €314.
Assumption: the variable rate stays the same for the whole period. Gross, before tax.
Interest built up over 1 year
Rate and conditions
| Balance | Rate |
|---|---|
| €0 – €25,000 | 1.25% |
| €25,000 – €100,000 | 1.25% |
| €100,000 – and up | 1.25% |
- Tiers
- per tier (marginal)
- Interest payout
- quarterly, compounded (interest on interest)
- Fees
- none
- Rate valid since
- 18 Feb 2026
- Access
- Instant access
- Minimum deposit
- none
- Maximum deposit
- not stated
- Current account required
- yes
- For whom
- new and existing customers
- Open via
- Direct · available to residents of the Netherlands
- Voor Flexibel Sparen heb je een bankrekening bij Knab nodig (Knab-abonnement)
- Rente wordt elk kwartaal uitgekeerd; de rente is variabel
Deposit guarantee
€25,000 fully protected
Austrian scheme
BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG · Einlagensicherung AUSTRIA Ges.m.b.H. (ESA) · €100,000 per person per bank
Licence and verification
- Institution
- BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG
- Status
- Verified European deposit guarantee scheme
- Scheme
- Einlagensicherung AUSTRIA Ges.m.b.H. (ESA) (Austria)
- Guarantee
- €100,000 per person per institution
- Verification
- Knab/BAWAG eigen DGS-informatiesource ↗ · 2 Sep 2026
details
fusie 29-11-2025); Oostenrijkse wettelijke depositogarantie (ESA) geldt voor alle Oostenrijkse kredietinstellingen
Taxes
- Country
- Austria
- Withholding tax
- No withholding tax
- Standard rate
- 0.00%
- For a Dutch saver
- 0.00%
- Notes
- Austria withholds no tax on savings interest of non-residents: you receive the full interest. (not verified yet)
Rates are gross. The Dutch box 3 wealth tax is separate and not included.
Read on: Is saving at a foreign bank safe? How the deposit guarantee works in Europe · Saving more than €100,000: how to spread your money across banks
Rate history
| From | Rate | Until |
|---|---|---|
| 2 Sep 2026 | 1.25% | current |
| 16 Apr 2026 | 1.25% | 2 Sep 2026web archive |
| 10 Oct 2025 | 1.40% | 16 Apr 2026web archive |
All historic rates of Knab →All savings products of Knab →
- 21 Oct 2026Knab – Flexibel Sparen: conditions changed
- 2 Sep 2026New: Knab – Flexibel Sparen 1.25%
Rate checked on 2 Nov 2026.