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ABN Amro raising savings account interest rate slightly along with ING, Rabobank

AMSTERDAM – ABN Amro has announced that it will increase the savings account interest rate as of 1 December. From then on, a rate of 0.25 percent will apply to private savings accounts up to and including 1 million euros, instead of 0 percent. According to the bank’s CEO, Robert Swaak, this step means that “we are returning to more normal waters.” 

AMSTERDAM

– ABN Amro has announced that it will increase the savings account interest rate as of 1 December. From then on, a rate of 0.25 percent will apply to private savings accounts up to and including 1 million euros, instead of 0 percent. According to the bank’s CEO, Robert Swaak, this step means that “we are returning to more normal waters.”

 

ING will apply the same interest rate from 1 December for savings balances of up to 10,000 euros from all private customers of the bank, it was announced Monday morning. The interest on a savings account with a balance between 10,000 and 100,000 euros will become 0.15 percent, just like on accounts with a balance between 100,000 and 1 million euros. 

ING will apply the same interest rate from 1 December for savings balances of up to 10,000 euros from all private customers of the bank, it was announced Monday morning. The interest on a savings account with a balance between 10,000 and 100,000 euros will become 0.15 percent, just like on accounts with a balance between 100,000 and 1 million euros.

 

A 0 percent interest rate will remain in place on on savings accounts with over a million euros. 

A 0 percent interest rate will remain in place on on savings accounts with over a million euros.

 

Last week, Rabobank, one of the country’s other major banks, announced a similar rate hike. Banks are raising the interest rates they offer as central banks raise interest rates in their battle against high inflation. 

Last week, Rabobank, one of the country’s other major banks, announced a similar rate hike. Banks are raising the interest rates they offer as central banks raise interest rates in their battle against high inflation.

https://www.curacaochronicle.com/post/main/abn-amro-raising-savings-account-interest-rate-slightly-along-with-ing-rabobank/

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