Savings

Introduction

"Savings" is the savings offering of the Dutch neobank bunq for the German market. It targets app-savvy customers who want to park their balance flexibly within the bunq app, without committing to a fixed term.

Interest Rate

According to the available product data, the current rate is 3.01% p.a. on balances up to €100,000. This matches the effective annual yield recorded in the database (3.01%). The raw data also lists a second, lower rate of 1.51% for the same balance range, but with an older update timestamp — this is presumably a superseded value rather than a genuinely parallel tier. This review therefore uses the more recent, higher rate of 3.01%, as also stated in the product's official rate field. A live confirmation via the offer page was not technically possible at the time of review (the redirect led nowhere); readers should verify the current rate directly in the bunq app before opening an account.

Terms

Further details on account fees, minimum deposit, or any prerequisites (e.g. an additional bunq current account) are not available in verifiable form for this product. bunq is known as a fully digital app-based bank, where savings features are typically closely integrated with the app's main account — but concrete, confirmed conditions for this specific offer cannot be stated here without speculating beyond the available data. No confirmed information is available either on capitalisation, notice periods, or a possible tier structure for higher balances.

Pros and Cons

Pros

• 3.01% p.a. rate up to €100,000
• Fully app-based account management
• No fixed term, unlike a fixed-term deposit

Cons

• Inconsistent rate figures in the source data (see note above)
• No confirmed information on fees or account prerequisites
• Verify the current rate in the app before signing up

Verdict

bunq's "Savings" offer advertises a solid rate of 3.01% p.a. up to €100,000, which is attractive by market standards at the time of review. Since neither the account terms nor the current validity of the rate could be confirmed via the official offer page, interested customers should double-check the exact conditions directly with bunq or in the app before committing.