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EU Neobank Savings Rates 2026

Interest rates on savings, pots, and money market balances — updated March 2026. Rates change with ECB / Bank of England policy.

⚠️ Rates are variable and change with central bank decisions. Always verify current rates on each bank's app before depositing.

💰 Savings Rate Leaderboard

🥇 Monzo
4.5% GBP ✓ EDIS/FSCS
🥈 Wise
3.97% GBP ⚠ Safeguarded
🥉 Revolut
3.49% EUR ✓ EDIS/FSCS
4. Starling Bank
3.25% GBP ✓ EDIS/FSCS
5. bunq
2.46% EUR ✓ EDIS/FSCS
6. N26
2.26% EUR ✓ EDIS/FSCS
7. Trade Republic
2% EUR ✓ EDIS/FSCS
8. Lunar
1.55% DKK ✓ EDIS/FSCS

Savings Accounts in Detail

Revolut savings-vault
3.49% EUR EDIS/FSCS ✓
Rate by Plan
Standard: 2.11% EUR
Plus: 2.29% EUR
Premium: 2.58% EUR
Metal: 3.35% EUR
Ultra: 3.49% EUR
Accessinstant
Rate Typeecb linked
Max Insured€100,000
ProtectionEDIS / FSCS

Interest paid daily. Rate tracks ECB deposit rate. No minimum balance. Covered by Lithuanian DGS (EDIS) up to €100K. Higher rates locked behind paid plan tiers.

N26 savings-space
2.26% EUR EDIS/FSCS ✓
Rate by Plan
Standard: 1.7% EUR
Smart: 1.85% EUR
You: 2% EUR
Metal: 2.26% EUR
Accessinstant
Rate Typeecb linked
Max Insured€100,000
ProtectionEDIS / FSCS

N26 Spaces are sub-accounts used as savings pots. Rate depends on subscription plan. Covered by German DGS (EDIS) up to €100K. Interest credited monthly.

bunq easy-savings
2.46% EUR EDIS/FSCS ✓
Rate by Plan
Easy Bank: 1.56% EUR
Easy Bank Pro: 2.01% EUR
Easy Bank Pro XL: 2.46% EUR
Accessinstant
Rate Typeecb linked
Max Insured€100,000
ProtectionEDIS / FSCS

Easy Savings rate linked to ECB deposit rate. Higher rate requires premium subscription. Interest paid monthly. Covered by Dutch DGS (EDIS) up to €100K.

Wise money-market-fund
3.97% GBP Safeguarded ⚠
Rate by Plan
All plans (GBP): 3.97% GBP
All plans (EUR): 2.85% EUR
All plans (USD): 4.25% USD
Accessinstant
Rate Typevariable
Max InsuredSafeguarded
ProtectionRing-fenced

Wise Assets invests idle balances in BlackRock and Goldman Sachs money market funds. Not deposit insurance — funds are safeguarded (ring-fenced) but not EDIS/FSCS covered. Rates track central bank rates per currency. EUR rate tracks ECB, GBP tracks Bank of England base rate.

Trade Republic cash-interest
2% EUR EDIS/FSCS ✓
Accessinstant
Rate Typeecb linked
Max Insured€100,000
ProtectionEDIS / FSCS

Interest on uninvested cash (Tagesgeld). Rate was 4.0% at peak ECB rates in 2023, reduced to 2.0% by early 2026 following ECB rate cuts. No minimum balance. All accounts same rate — no tier dependency. Covered by German DGS (EDIS) up to €100K.

Monzo savings-pot
4.5% GBP EDIS/FSCS ✓
Rate by Plan
Instant Access Pot: 1.6% GBP
Fixed Savings (12mo): 4.5% GBP
Accessmixed
Rate Typevariable
Max Insured€100,000
ProtectionEDIS / FSCS

Monzo offers instant-access savings pots (lower rates) and fixed-term savings at higher rates (up to 4.5% AER via partnered providers). FSCS protected up to £85K (~€100K). GBP accounts only. Fixed savings lock funds for the term.

Lunar savings-account
1.55% DKK EDIS/FSCS ✓
Accessinstant
Rate Typevariable
Max Insured€100,000
ProtectionEDIS / FSCS

DKK-denominated savings account. Rate follows Danish Nationalbanken (central bank) policy, which differs from ECB. Lower EUR-equivalent rate reflects lower Danish policy rate. Protected by Danish Guarantee Fund (equivalent to EDIS) up to DKK 750K (~€100K).

Starling Bank savings-space
3.25% GBP EDIS/FSCS ✓
Accessinstant
Rate Typevariable
Max Insured€100,000
ProtectionEDIS / FSCS

Savings Spaces earn interest at variable rate tracking Bank of England base rate. FSCS protected up to £85K (~€100K). GBP only — EUR/USD balances do not earn interest. Interest credited monthly. Starling is consistently profitable and one of the UK's strongest digital banks.

🛡️ Deposit Protection on Savings

✅ EDIS / FSCS Protected

Your savings are covered by the EU Deposit Guarantee Scheme (EDIS) or UK FSCS up to €100,000 (£85,000) per person, per bank. If the bank fails, you get your money back.

RevolutN26bunqTrade RepublicMonzoLunarStarling Bank

⚠️ Safeguarded (Not EDIS)

Funds are ring-fenced in separate accounts or invested in money market funds, but are NOT covered by government deposit insurance. Lower risk than unsecured, but not the same protection level.

Wise

Frequently Asked Questions

Which EU neobank has the highest savings rate?
Wise offers up to 3.97% AER on GBP balances and ~2.85% on EUR via money market funds. Revolut offers up to 3.49% on EUR (Ultra tier). Starling offers 3.25% AER on GBP. Note: Wise returns come from money market funds and are NOT deposit-protected.
Are neobank savings rates EDIS protected?
Only full banking licence holders extend EDIS/FSCS protection. Revolut (Lithuania), N26 (Germany), bunq (Netherlands), Trade Republic (Germany), Lunar (Denmark), Monzo (UK FSCS), and Starling (UK FSCS) are covered up to €100K. Wise uses safeguarding but is not EDIS/FSCS covered.
Does Revolut's savings rate change with your plan?
Yes. Revolut's savings vault rate ranges from 2.11% AER (free Standard plan) to 3.49% AER (Ultra at €45/mo). For large savings balances, upgrading to Metal (€14.99/mo, 3.35%) can generate more interest than the plan costs.
Why is Wise's rate higher if it's not deposit-protected?
Wise invests idle balances in money market funds (BlackRock, Goldman Sachs), which can yield more than traditional savings accounts. However, these are not deposits — they're investments in short-term debt securities. The capital is not guaranteed by EDIS/FSCS, though money market funds are considered very low risk.