Hey bunqers 🌈, 

You can always count on us to help you get the most out of your money. On October 15, 2026 at 09:30 CEST, we increased our variable Bonus Interest Rate to 3.11%.

Learn more about how this rate applies to your savings, how our interest rate system works, and what this means for your existing Term Deposits.

To start earning interest, you need a bunq Savings Account. Learn more about opening a Savings Account.

How does bunq’s interest work?

Earning interest at bunq is designed to be simple and rewarding. When saving with us, you get:

• Your personal threshold. Your threshold splits your savings into 2 parts. Savings above your threshold earn bonus interest. Savings up to your threshold earn starting interest or base interest, depending on how high your threshold is.

  • Bonus Interest: Savings above your threshold earn 3.11%, up to €100,000

  • Starting Interest: Savings below your personal threshold up to €10,000 earn 1.61%

  • Base Interest: Savings below your threshold above €10,000 earn 1.51%

• Weekly Payouts. Your interest is calculated daily and paid out directly to you every single week on your bunq Payday

• Compounding Power. Because your interest is paid out weekly, those earnings start generating their own interest almost immediately, accelerating your savings over time. So the more you add to your savings, the more interest you earn 🎉

• Secure savings. All your savings are 100% protected up to €100,000 per person by the Dutch Deposit Guarantee Scheme. If you share a Joint Savings Account w bunq, the protection extends up to €200,000 in total.

Your threshold is based on the highest amount you saved in your Savings Accounts during the previous half of the year (January to June, or July to December). It gets calculated twice a year - on January 1 and July 1.

Example: You have €20,000 saved and a €15,000 threshold. €10,000 earns 1.61%, €5,000 earns 1.51%, and €5,000 earns 3.11%. Whereas if your threshold is €0 because you just started saving, all your savings earn bonus interest of 3.11% until your first threshold calculation.

The interest rates are variable and subject to change. Learn more about interest at bunq.

How do Term Deposits compare against the Bonus Interest Rate?

If you have already locked in your savings at a guaranteed Term Deposit rate, you might wonder how it compares to the 3.11% bonus savings rate. These are two different interest rates designed for different savings strategies. Here is a quick look at how they compare:

If you value the safety of knowing exactly what you will earn over your term, keeping your Term Deposit is an excellent option.

Where can I find my personal threshold?

It’s simple. You can:

1. Open your Savings tab

2. Tap on Expected Interest Earnings

3. Check out your personal threshold under Savings Threshold

4. Your personal bonus threshold is displayed here

If you don’t see a threshold displayed here, it simply means that it’s at 0! You can enjoy your Bonus Rate on every euro you add to your Savings Account, until the next time your bonus threshold resets.

And you can always ask us in your Support chat — we’re always here to help answer any questions you have about your interest rate. 

What do I do if I opened a promotional 2.51% Term Deposit, but would like to benefit from the 3.11% Bonus Interest Rate?

Recently, we set up a promotional Term Deposit to help you grow your holiday savings faster. Anyone who opened the promotional term deposit can benefit from a market-high interest rate of 2.51% for 6 months on the amount they locked. The 2.51% interest rate is guaranteed, meaning it’s protected, even if the ECB lowers their rates. Read all about our Holiday Savings Term Deposit.

Since then, we’ve increased our Bonus Interest Rate to 3.11%. This means that you can earn 3.11% interest on any new money you add to your Savings Account above your personal threshold.

We want to make sure you always feel in control of your financial journey. Particularly if you recently opened our promotional Term Deposit to invest your holiday allowance but would like to enjoy the flexibility of the 3.11% variable rate. We’re always here to help you. If you have weighed your options and decide that the Bonus Rate fits your plans better than the guaranteed certainty of your 2.51% Term Deposit, contact our Support team. One of our specialized experts will take a look at the options available to you, depending on your circumstances.

Why don’t I see the new rates yet?

You benefit from the new interest rates from 9:30 CEST on October 15, 2026, even if you don’t see them in your app yet. This is simply because older versions of the app don’t show them.

To see your new rates, update your bunq app to the latest version in your App Store or Google Play 🏃