With a time deposit savings account, you choose how much money you want to lock in and for how long. You can select from various terms, such as 1, 3, 5, or 10 years. The longer the term, the higher the interest rate you receive. During this period, your money is locked in, which means you cannot make withdrawals in the meantime. In return, you receive a guaranteed interest rate, regardless of market developments.
Time deposit savings is a safe way to earn returns on your savings without risking depreciation. Moreover, you know exactly how much you will receive at the end of the term.
Key Features
- Choice of terms from 1 to 10 years
- Fixed interest, increasing with longer terms
- Minimum deposit: €1,000
- No interim withdrawals allowed (unless for a fee)
- 100% coverage via the Dutch deposit guarantee scheme (up to €100,000)
Example interest rates (indicative)
1 year fixed: 2.25%
3 years fixed: 2.75%
5 years fixed: 3.00%
10 years fixed: 3.50%
Is time deposit savings right for you?
Time deposit savings are ideal if you do not need your savings in the near future and want maximum certainty about the returns. It is suitable for medium- to long-term savings goals, such as a major purchase, retirement supplement, or future planning.
Our advisors are happy to help you choose the right term and deposit that matches your financial situation.