The best savings account at a Belgian bank (October 2026)
These banks have a Belgian banking licence. Your savings are protected by the Belgian Guarantee Fund. With €25,000, Argenta pays the most now: you keep €425.00 after tax in the first year, on the Getrouwheidsrekening.
Interest on €25,000 in the first year, after tax
| # | Bank | Rate | Guarantee | After tax |
|---|---|---|---|---|
| 1 | ArgentaGetrouwheidsrekening · Belgian | 1,70% | Belgian | €425.00 |
| 2 | MeDirectMeDirect Fidelity Sparen · Belgian | 1,70% | Belgian | €425.00 |
| 3 | BelfiusBelfius Fidelity Spaarrekening · Belgian | 1,65% | Belgian | €412.50 |
| 4 | BankBBankB-spaarrekening · Belgian | 1,50% | Belgian | €375.00 |
| 5 | INGING Spaarrekening · Belgian | 1,50% | Belgian | €375.00 |
| 6 | NagelmackersSuperior+ Spaarrekening · Belgian | 1,50% | Belgian | €375.00 |
| 7 | BeobankFidelity Plus spaarrekening · Belgian | 0,80% | Belgian | €200.00 |
| 8 | EuropabankRenteboekje · Belgian | 0,75% | Belgian | €187.50 |
| 9 | KBCKBC-Spaarrekening · Belgian | 0,60% | Belgian | €150.00 |
| 10 | BNP Paribas FortisSpaarrekening · Belgian | 0,50% | Belgian | €125.00 |
Only easy-access accounts: you can take your money out at any time. The rate is the base rate plus the fidelity premium. The interest is what you keep after withholding tax, if the money stays 12 months. Welcome rates count for the months you get them. One account per bank: the one that pays the most.
Belgian or foreign bank?
- The Belgian Guarantee Fund protects € 100,000 per person per bank. Foreign banks in the EU are protected by the scheme of their own country, for the same amount.
- Some banks in Belgium are branches of a foreign bank, such as NIBC, Triodos and Keytrade Bank. They are covered by the scheme of their home country.
- Some brands are the same bank. KBC, KBC Brussels and CBC are one bank, and so are BNP Paribas Fortis, Fintro and Hello bank!. The € 100,000 is for each bank, not each brand.
Frequently asked questions
Which Belgian bank pays the highest savings rate?
With €25,000, Argenta pays the most now: you keep €425.00 after tax in the first year, on the Getrouwheidsrekening.
Is a foreign bank less safe?
The amount is the same: € 100,000 per person per bank in every EU country. The difference is which scheme pays you back, and in which language.
Do I pay tax on the interest?
On a regulated savings account, the first €1,020 of interest per person per year is tax-free. Above that, the bank withholds 15%. On an account that is not regulated, the bank withholds 30% from the first euro. The amounts on this page are after tax.