Hey bunqers 🌈,

You can save in 8 currencies alongside your euros and earn a separate interest rate on each one. 

Foreign Currency Savings Accounts are available on bunq Free, bunq Core, bunq Pro, and bunq Elite, on an active Personal or Business account, if you're banking with bunq in 🇧🇪Belgium, 🇫🇷France, 🇩🇪Germany, 🇮🇪Ireland, 🇮🇹Italy, 🇳🇱the Netherlands, or 🇪🇸Spain.

What interest do I earn on my Foreign Currency Savings Account?

One flat annual rate applies for each currency. 

On a Personal Savings Account:

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

• 🇦🇺 AUD, Australian dollar — 3.56%

• 🇬🇧 GBP, British pound — 3.51%

• 🇳🇴 NOK, Norwegian krone — 3.32%

• 🇵🇱 PLN, Polish złoty — 4.01%

• 🇹🇷 TRY, Turkish lira — 30.01%

• 🇺🇸 USD, US dollar — 3.51%

• 🇿🇦 ZAR, South African rand — 4.03%

On a Business Savings Account:

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

• 🇦🇺 AUD, Australian dollar — 2.72%

• 🇬🇧 GBP, British pound — 2.53%

• 🇳🇴 NOK, Norwegian krone — 2.53%

• 🇵🇱 PLN, Polish złoty — 3.06%

• 🇹🇷 TRY, Turkish lira — 22.93%

• 🇺🇸 USD, US dollar — 2.53%

• 🇿🇦 ZAR, South African rand — 3.08%

You earn interest on the first €100,000 you hold in each currency, converted at the Mastercard exchange rate. Anything above that stays in your account but doesn't earn interest. The €100,000 limit is per currency so if you save in both USD and GBP, each account earns interest up to its own €100,000 equivalent.

❗Interest and exchange rates can fluctuate over time — always check your app for the latest rates.

Increase rates going up on September 22, 2026

The following interest rates are increasing on September 22, 2026 at 21:00 CEST. 

Interest accrues daily, so the first full day at the new rate is September 22, 2026, and it reaches you in your next weekly payout.

Note: 🇦🇪 AED, 🇦🇺 AUD, 🇳🇴 NOK, 🇿🇦 ZAR keep the rates they're on. Your euro savings rate isn't affected. 

Is my balance protected under the Deposit Guarantee Scheme?

Yes, up to €100,000 — the same protection as your euro accounts, under the Dutch Deposit Guarantee Scheme.

Because your balance is in a foreign currency, you're covered for its euro equivalent, and that equivalent moves with the exchange rate. Read more in the Deposit Guarantee glossary entry.

How do I open a Foreign Currency Savings Account?

To open a Foreign Currency Savings Account, just follow the steps below: 

1. Go to the 💰Savings tab

2. Tap Add an Extra Savings Account

3. Select Foreign Currency

4. Choose the currency you want to save in

5. Personalize your account and tap Create

To move money in right away:

1. Choose the amount you want to add

2. Choose which account to convert from

3. Tap Convert

The conversion is instant and your balance starts earning interest the same day. You'll see your first interest in your next weekly payout.

Are there any costs for using Foreign Currency Savings Accounts?

There are no fees for Foreign Currency Savings Accounts. 

If you don't already have the foreign currency you’d like to save in, you have the option to convert your euros directly within the bunq app. To safeguard you from currency fluctuations, we apply a 0.5% mark up to the most recent rate when markets are open. This guarantees steady rates, providing you with the best possible value when converting your euros to your preferred currency. 

How is my interest calculated, and when do I get it?

Your interest accrues daily at your currency's rate and is paid out weekly, on the day of your bunq Payday. It's paid in the same currency as the account.

How often can I withdraw from a Foreign Currency Savings Account?

You can withdraw up to two times a month from a Foreign Currency Savings Account, per currency you hold. 

So if you have a USD bank account and TRY bank account, you get 2 withdrawals from each in a month — not 2 across both. The count resets on the 1st of each month. 

Can I use Auto Round Up with a Foreign Currency Savings Account?

Yes, in any of the 8 savings currencies — 🇦🇪 AED, 🇦🇺 AUD, 🇬🇧 GBP, 🇳🇴 NOK, 🇵🇱 PLN, 🇹🇷 TRY, 🇺🇸 USD, and 🇿🇦 ZAR. Turn it on for a Foreign Currency account and the round-ups go straight into the matching Foreign Currency Savings Account.

1. Go to the 💰 Savings tab

2. Tap your Foreign Currency Savings Account

3. Go to ⚙️ Settings

4. Select Auto Round Up

5. Turn on Auto Round Up

6. Choose which Bank Accounts to round up from

You can use Auto Round Up for one Savings Account per currency. How to enable Auto Round Up covers the rest.

Does a Foreign Currency Savings Account use up one of my Bank Accounts?

Yes! Each one counts toward your plan's Bank Account limit. Here are the bank account limits for bunq Plans: 

• bunq Elite and bunq Pro — part of your 25 Bank Accounts

• bunq Core — part of your 5 Bank Accounts

• bunq Free — part of your 3 Bank Accounts

For the general principles that apply to all our services, read the Personal Account Terms and Conditions.

What's currency volatility and how can it affect my savings?

Savings in foreign currencies can change in value due to currency volatility. Volatility is how much and how fast a currency's value moves — mainly driven by inflation, interest rate decisions, and a country's political and economic stability.

Your interest is paid in the foreign currency, but the euro amount you'd get back changes with the exchange rate. So your balance can grow in dollars and still be worth less in euros than you started with.

Inflation is the biggest driver: 

• High inflation makes a currency less stable and more volatile. Its value can move sharply either way — more room for gain, more risk of loss.

• Low inflation makes a currency more stable and its value more predictable.

Only open a Foreign Currency Savings Account if you're comfortable with the euro value of your savings moving. 

How volatile are the currencies I can save in?

From lowest to highest, based on how each has behaved against the euro historically. Past behavior isn't a forecast.

• 🇦🇪 AED — very low volatility. Its value is pegged to the US dollar, which keeps it stable against the euro. The remote risk is the peg being abandoned.

• 🇺🇸 USD — low to medium volatility. EUR/USD is the world's most traded currency pair, moved by the European Central Bank and the US Federal Reserve. The dollar is the main safe-haven currency.

• 🇬🇧 GBP — medium volatility. Driven by the gap in economic performance and interest rates between the eurozone and the UK, set by the European Central Bank and the Bank of England. Trade friction with the EU also moves it.

• 🇳🇴 NOK — medium volatility. Moved by global energy prices and by Norges Bank's monetary policy, so it leans heavily on the energy sector.

• 🇦🇺 AUD — medium volatility. A commodity currency, closely tied to global trade and commodity prices.

• 🇵🇱 PLN — medium volatility. Moved by Poland's domestic inflation and by regional stability in Eastern Europe.

• 🇿🇦 ZAR — high volatility. Moved by political uncertainty and economic instability in South Africa, and tends to weaken in any period of global instability.

• 🇹🇷 TRY — very high volatility. High domestic inflation, ongoing economic pressure, and political uncertainty. This is the highest rate on the list and the highest risk on the list, and those two facts are the same fact. 

The euro value of foreign currencies can fluctuate as a result of currency volatility. Only open a Foreign Savings Account if you understand the risks which come with currency fluctuations.