# 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.

Economy · published 2026-11-12 13:47 · https://nlnow.nl/a/trade-republic-offers-new-dutch-savers-4-interest/

The 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** (%; source: DNB)

- 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

## Background

- **DNB (De Nederlandsche Bank)**: The Dutch central bank. It is part of the European system of central banks and supervises banks, insurers and pension funds.
- **Trade Republic**: Trade Republic is a German online bank (neobank) that operates digitally in the Netherlands, with its banking handled entirely through a mobile app rather than branches. It offers accounts for saving and investing, including savings accounts and a brokerage service for buying shares and funds. It is an alternative to traditional Dutch banks for people who want to manage their money online.

From NLnow, news from the Netherlands in English. How stories are made: https://nlnow.nl/about/