Hey bunqers 🌈,

You always get one of the best interest rates on the market when you’re saving with bunq. Here’s how interest works when you save with us.

🚀 Your MassInterest rates went up on October 15, 2026 at 09:30 CEST. Bonus Interest is now 3.11% up from 3.01%. Starting Interest is now 1.61% on savings below your threshold and up to €10,000. Base Interest stays at 1.51% on savings below your threshold and above €10,000.

Interest for Personal accounts

For 🇪🇺 EUR Savings Accounts

When you first start saving with bunq, you’ll earn the Bonus Rate (3.11%) on all your Savings until your first threshold calculation.

Your threshold is the highest balance held in your Savings Accounts during the previous half of the year (January to June, or July to December). The threshold is calculated twice a year on:

• January 1 (00:00 UTC): based on your highest balance between July 1 (00:00 UTC) to December 31 (23:59 UTC)

• July 1 (00:00 UTC): based on your highest balance between January 1 (00:00 UTC) to June 30 (23:59 UTC)

Once your threshold has been set, you’ll earn:

• The current Bonus Interest of 3.11%* on any savings above your threshold, up to €100,000. The Bonus Rate is designed to reward you for growing your savings, so every euro you add above your highest balance earns the highest rate.

• The current Starting Interest of 1.61%* on savings below your threshold and up to €10,000

• The current Base Interest of 1.51%* on any savings below your threshold and above €10,000

Example: You have €22,000 saved and a €15,000 threshold. €10,000 earns 1.61%, €5,000 earns 1.51%, and €7,000 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 Starting Rate, Base Rate, and Bonus Rate are variable and are subject to change.

For 🌎 Foreign Currency Savings Accounts:

Annual variable rates of:

• 🇹🇷 TRY, Turkish lira: 30.01%

• 🇿🇦 ZAR, South African rand: 4.03%

• 🇵🇱 PLN, Polish złoty: 4.01%

• 🇦🇺 AUD, Australian dollar: 3.56%

• 🇬🇧 GBP, British pound: 3.51%

• 🇺🇸 USD, US dollar: 3.51%

• 🇳🇴 NOK, Norwegian krone: 3.32%

• 🇦🇪 AED, United Arab Emirates dirham: 2.02%

*Foreign Currency Interest rates are variable and are subject to change.

Interest for Business accounts

For 🇪🇺 All EEA Residents

• You’ll earn an annual variable rate of 0.75%*.

*The business interest rate is variable and is subject to change.

For Foreign Currency Savings Accounts:

Annual variable rates of:

• 🇹🇷 TRY, Turkish lira: 22.93%

• 🇿🇦 ZAR, South African rand: 3.08%

• 🇵🇱 PLN, Polish złoty: 3.06%

• 🇦🇺 AUD, Australian dollar: 2.72%

• 🇬🇧 GBP, British pound: 2.53%

• 🇳🇴 NOK, Norwegian krone: 2.53%

• 🇺🇸 USD, US dollar: 2.53%

• 🇦🇪 AED, United Arab Emirates dirham: 1.54%

*Business Foreign Currency Interest rates are variable and are subject to change.

How does interest work?

• bunq’s interest is applicable up to €100,000 for bunq Free, Core, Pro, and Elite users and applies across all of your Savings Accounts.

• Your personal threshold is re-calculated twice per year, on January 1 and July 1.

• There’s no penalty or negative interest for amounts above €100,000. However, you won’t earn interest on deposits above this cap. So, if you have €200,000 in your Savings Account, you’ll receive interest only on €100,000. The limit applies to each currency separately. So, if you have €100,000 in your Euro Savings Account, you’ll still earn interest in your Foreign Currency Savings Accounts and the other way around.

• Savings Accounts are always covered up to €100,000 by the Deposit Guarantee Scheme, no matter what.

• Interest is also applicable for all Savings Accounts owned by minors!

• Funds can be withdrawn maximum up to 3 times per calendar month.

• Interest earnings are paid out on a weekly basis based on your Payday.

• To start earning Interest, you must open a bunq Savings Account. Read more about opening a Savings Account.

These examples can help break down how interest works:

Example 1:

Between July and December 2026, your highest savings balance was €5,000. On January 1, 2027, we calculate your threshold, which is set at €5,000. Until June 30, 2027, you earn the annual starting interest of 1.61% on savings up to this threshold, which equals €80.5 a year.

Starting Rate calculation:

• Annual interest: €5,000 × 1.61% = €80.5

• Daily interest: €80.5 ÷ 365 = €0.22055

• Weekly interest: €0.22055 × 7 = €1.54

In January 2027, you add €7,000 to your savings, bringing your total balance to €12,000. The extra €7,000 is above your threshold, so it earns the current annual bonus interest of 3.11%. Even though your balance is now above €10,000, the base interest doesn’t apply, because your threshold is €10,000 or less. If you keep this extra amount until June 2027, it earns €217.7 a year in bonus interest.

Bonus interest calculation:

• Annual interest: €7,000 × 3.11% = €217.7

• Daily bonus interest: €217.7 ÷ 365 = €0.59644

• Weekly bonus interest: €0.59644 × 7 = €4.18

Total weekly interest:
€1.54 (starting interest) + €4.18 (bonus interest) = €5.72 weekly interest.

Example 2:

Between July 1, 2026, and December 31, 2026, your highest savings balance was €10,000. This becomes your threshold for the next period, starting January 1, 2027.

If you withdraw €9,500 from your account before January 1, 2027, leaving only €500 in your savings, your threshold remains €10,000 because it’s based on the highest balance in your Savings Accounts during the previous half of the year.

If you then deposit €9,500 back into your account on January 2, 2027, bringing your total balance back to €10,000, you will only earn the annual starting interest of 1.61% on your savings. This is because your balance hasn’t exceeded your threshold of €10,000.

To earn the bonus interest, your balance needs to go above your €10,000 threshold. For example, if you save an additional €2,000 in February 2027, bringing your total to €12,000, that extra €2,000 earns the current annual bonus interest of 3.11% the very next day. On July 1, 2027, your threshold is updated to your new highest balance of €12,000.

Example 3:

You open a Savings Account on November 2, 2026, with a starting threshold of €0. This means you’ll earn the current annual Bonus Rate of 3.11% on all savings until the next threshold calculation date, January 1, 2027. If you deposit €2,000, it will earn €62.2 annually in bonus interest.

Bonus interest calculation (before January 1, 2027):

• Daily bonus interest: €62.2 ÷ 365 = €0.17041

• Weekly bonus interest: €0.17041 × 7 = €1.19

On January 1, 2027, your threshold is recalculated based on your highest balance between November 2, 2026, and December 31, 2026. Since your highest balance was €2,000, your threshold is set to €2,000. If you deposit another €3,000 after January 1, bringing your total balance to €5,000, you’ll earn the annual Starting Rate of 1.61% on the threshold amount of €2,000 and the current annual Bonus Rate of 3.11% on the additional €3,000.

Starting Rate calculation:

• Annual interest on €2,000: €2,000 × 1.61% = €32.2

• Daily interest: €32.2 ÷ 365 = €0.08822

• Weekly interest: €0.08822 × 7 = €0.62

Bonus interest calculation:

• Annual interest on €3,000: €3,000 × 3.11% = €93.3

• Daily bonus interest: €93.3 ÷ 365 = €0.25562

• Weekly bonus interest: €0.25562 × 7 = €1.79

Total weekly interest (after January 1, 2027):

€0.62 (Starting Rate interest) + €1.79 (bonus interest) = €2.41 weekly interest.

Example 4:

Between July and December 2026, your highest savings balance was €25,000, so your threshold from January 1, 2027 is €25,000. In January 2027, you have €32,000 in your Savings Accounts. You’ll earn all 3 rates:

• Starting Rate: €10,000 x 1.61% = €161 annually, or €3.09 weekly

• Base Rate: €15,000 (from €10,000 up to your €25,000 threshold) x 1.51% = €226.5 annually, or €4.34 weekly

• Bonus Rate: €7,000 (above your threshold) x 3.11% = €217.7 annually, or €4.18 weekly

Total weekly interest:
€3.09 + €4.34 + €4.18 = €11.61 weekly interest.

If instead you have less in your Savings Accounts from January to July, with the same €25,000 threshold: 

• €15,000 saved: €10,000 earns the Starting Rate (€3.09 weekly), and €5,000 earns the Base Rate (€5,000 × 1.51% = €75.5 annually, or €1.45 weekly). That’s €4.54 weekly interest. You don’t earn the Bonus Rate, because your balance is below your threshold.

• €8,000 saved: All €8,000 earns the Starting Rate (€8,000 × 1.61% = €128.8 annually, or €2.47 weekly). The Base Rate only applies to savings above €10,000, and the Bonus Rate only applies to savings above your threshold.

How can I see my total interest earnings?

You can easily review your total interest earnings by following the steps below:

1. Go to the 💰Savings tab

2. Tap on Next Payout below the Interest graph

3. Check out your total earned interest under Total Interest Earned

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

And you can always ask Finn in your Support chat — he’s there to help answer any questions you have about your interest rate.

What if I don’t want to receive interest?

If you don’t want to receive interest on your account, you can simply disable your Payday toggle by following the steps below:

1. Tap on your 👤Profile in the top left corner

2. Tap on ⚙️Settings

3. Scroll down and tap on Rewards

4. Disable the toggle bunq Payday

Keep in mind that by disabling the Payday toggle, you won’t be able to receive Cashback Partner earnings. You can find out more about your Payday.

Reporting Interest to Tax Authorities

We report to the Dutch tax authorities. Based on the Common Reporting Standard, the tax authorities of Member States of the European Union cooperate with each other, so the Dutch tax authorities also communicate with the German tax authorities.

This however doesn’t mean that you shouldn’t report your earned interest in your tax reports. You should still make sure that the interest is reported correctly to the local tax authorities 🙌

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 version 32.3.0 on iOS or 32.3.1 on Android in your App Store or Google Play 🏃