Hey bunqer 🌈
Managing your savings should be simple—and accessing your money when you need it even simpler. That's why we've designed our Savings Account to be flexible and user-friendly, while encouraging you to save for what matters most.
To help you build those savings for your next vacation or big goal, we've limited withdrawals to 2 per calendar month. The withdrawal limit resets automatically on the 1st of each month at 01:00 CET.
This means you get 2 free withdrawals per calendar month across all your Personal Savings Accounts (and another 2 for Business Savings Accounts). You can access your savings when it matters—whether you're withdrawing the full balance or just part of it.
🎁 Bonus for loyal savers: If you've been saving with bunq for over a year (counted from your first deposit into a Savings Account), you'll earn an extra withdrawal, bringing your total to 3 free withdrawals per calendar month.
How do I withdraw all of my money?
Option 1: From the Savings tab
Go to the Savings tab
Tap the orange Withdraw button
Select the Savings Account you want to withdraw from
Select the total balance of the Savings Account
Select the recipient (one of your accounts or another IBAN)
Done ✅
Option 2: From within your Savings Account
Go to the Savings tab
Select the Savings Account you want to withdraw from
Tap More, then tap Withdraw
Select the total balance of the Savings Account
Select the recipient (one of your accounts or another IBAN)
Done ✅
How can I partially withdraw a certain amount from my Savings Account?
Option 1: From the Savings tab
Go to the Savings tab
Tap the orange Withdraw button
Select the Savings Account you want to withdraw from
Select the amount you want to withdraw
Select the recipient (one of your accounts or another IBAN)
Done ✅
Option 2: From within your Savings Account
Go to the Savings tab
Select the Savings Account you want to withdraw from
Tap More, then tap Withdraw
Select the amount you want to withdraw
Select the recipient (one of your accounts or another IBAN)
Done ✅
How can I check how many free withdrawals I have left?
Go to the Savings tab
Select the Savings Account in question
Check the Withdrawals Left widget, under your Savings Account Details
How can I make internal transfers between my Personal Savings Accounts?
Simply follow these easy steps:
Go to your 🏡Home Tab
Tap on 🟠 Pay
Enter the amount
Tap on From and select your Savings Account
Tap on Choose Recipient
Select My Accounts
Select the Savings Account you want to top up
Send Payment
Done!
Which payments count towards the withdrawal limit?
✅ Withdrawals from your Savings Account to your regular Bank Account
✅ Automated payments set up from your Savings Account
✅ Transfers to your child's Savings Account or Joint Savings Account
✅ Withdrawals from any Joint Savings Account
Which payments don't count towards the withdrawal limit?
❌ Internal transfers between your Personal Savings Accounts
❌ Early Term Deposit Withdrawals. If you withdraw your deposit earlier than the end of the term duration, you'll pay a 1% fee on the deposited amount, per year. Learn more about Term Deposits here.
Important note: Keep in mind that the monthly withdrawal limit applies to all your Savings Accounts combined. You have 2 (or 3) withdrawals for your Personal Savings Accounts and 2 separate withdrawals for your Business Savings Accounts.
Transferring money from your Savings Account to your child's or Joint Savings Account counts toward the limit, as these are distinct accounts. Only internal transfers between your Personal Savings Accounts don't count towards the monthly limit.
Learn more about Savings Account limits here (Section "Good to Know").
How will I know if I can make additional withdrawals?
Easy—no need to calculate or track any dates yourself! On your first bunq-aversary, you'll get a notification letting you know that you now get one extra free Savings withdrawal per month.
How can I make additional withdrawals?
Need to make an additional withdrawal? We've all been there—you can always make extra withdrawals beyond our free withdrawal limit.
After you use all your free withdrawals, any additional withdrawals include an interest repayment fee. The repayment fee equals the total interest earned over your last 4 bunq Paydays. For every additional withdrawal after that, you repay the Payday interest earned between your previous withdrawal and current withdrawal.
We'll display the exact fee amount before you decide to make the additional withdrawal, so you'll always see the fee before making your decision. To make an additional withdrawal, simply:
Go to the Savings tab
Tap the orange Withdraw button
Select the Savings Account you want to withdraw from
Select the amount you want to withdraw
Select the recipient (one of your accounts or another IBAN)
The interest repayment fee will be shown on your screen—you can review the fee and decide whether you'd like to proceed with the withdrawal
Tap Withdraw and you're all done!
Additionally to the withdrawn amount, you'll automatically receive a bunq invoice showing the interest repaid for your last 4 Paydays.