Trade Republic offers new Dutch savers 4% interest
The German online bank pays new customers in the Netherlands 4% on savings up to €20,000 from Thursday, far above the 1.31% average on Dutch household savings accounts in September.
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Illustrative photo: 127071 / Pixabay Content LicenseThe German online bank Trade Republic is offering new customers in the Netherlands 4% interest on savings of up to €20,000, starting Thursday.
For savers, that is well above the market. Figures from DNB, the Dutch central bank, show the average rate on household savings accounts redeemable at notice was 1.31% in September 2026.
Julian Collin, vice president of Trade Republic, said: "Too many traditional banks are still paying little or no interest, and we think customers deserve better."
DNB's figures show the average savings rate was 1.62% in October 2024 and peaked at 1.64% in December that year. It then slid, from 1.58% in March 2025 to 1.37% in May 2025, and reached 1.29% by October 2025.
The average stayed at 1.29% until May 2026. It has edged up since, to 1.30% in June and July, and 1.31% in August and September.
Average savings rate has hovered near 1.3% for a year
% · Oct 2024–Sep 2026
Average savings rate has hovered near 1.3% for a year (%). From 1.62 in Oct 2024 to 1.31 in Sep 2026; highest 1.64 in Dec 2024, lowest 1.29 in Oct 2025. Source: DNB.
View data
| Item | % |
|---|---|
| Oct 2024 | 1.62 |
| Nov 2024 | 1.61 |
| Dec 2024 | 1.64 |
| Jan 2025 | 1.6 |
| Feb 2025 | 1.59 |
| Mar 2025 | 1.58 |
| Apr 2025 | 1.51 |
| May 2025 | 1.37 |
| Jun 2025 | 1.36 |
| Jul 2025 | 1.31 |
| Aug 2025 | 1.31 |
| Sep 2025 | 1.3 |
| Oct 2025 | 1.29 |
| Nov 2025 | 1.29 |
| Dec 2025 | 1.29 |
| Jan 2026 | 1.29 |
| Feb 2026 | 1.29 |
| Mar 2026 | 1.29 |
| Apr 2026 | 1.29 |
| May 2026 | 1.29 |
| Jun 2026 | 1.3 |
| Jul 2026 | 1.3 |
| Aug 2026 | 1.31 |
| Sep 2026 | 1.31 |
Source: DNB
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