Top High-Yield Savings Accounts in Belgium: NIBC Direct, Santander, Argenta, and ING

2023-06-08 16:47:23

Au top of the Belgian market currently, the loyalty account of the bank NIBC Direct which offers since May 23 a return of 2% if your money remains cool for at least one year (base rate of 0.5% and loyalty bonus 1.5%).

Follows the Vision Max passbook from Santander Consumer Bank with an interest of 2% on the condition of depositing an amount between 125,000 euros and 200,000 euros (the interest is composed of a base rate of 0.5% and a loyalty bonus of 1.5% cashable only on money parked for 1 year).

Read also Alexander De Croo: “If the banks do not raise their rates, we will intervene”

The same niche player offers a compound interest of 1.75%, without any special requirement, on the Vision + product. Tied with the Caisse des dépôts et consignations. But on the e-DEPO Treasury account – which is not regulated, the gross interest is 2.5% to which the exemption from withholding tax therefore does not apply – several specific conditions apply.

Excluding the challenger, it is Argenta and ING with, respectively, 1.5 and 1.4% which make it possible to grow your savings as well as possible, but the two banks then cap new deposits at 500 euros monthly. Among the other players, the base rate and loyalty bonus couple fluctuates between 0.11 (the legal minimum for regulated savings) and 1.3%.

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