February 1, 2023

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BNP Paribas Fortis is the latest major bank to announce higher interest rates on savings | Instagram VTM News

Spaargids.beAs the last major bank in Belgium (and market leader for savings accounts), BNP Paribas Fortis now also announces a higher interest rate for savings. Other major banks (Belfius, KBC and ING) follow, as do many medium and small banks. At the same time, BNP Paribas Fortis launches a new savings account. Spaargids.be Summarizes the changes that will take effect on February 1.


By Johan Van Geyte, in association with Spaargids.be


Last updated:
09:53


Source:
Spaargids.be

Base price on Classic savings accounts From BNP Paribas Fortis and its affiliated brands Fintro and Hello bank! It increased from 0.01% to 0.15%, while the trust premium remained at 0.10%. This is also the case for Fintro’s Blue Select savings account. The bank also reserves a maximum of €250,000 per account. If there are more, it will be transferred to a deposit account, with 0% interest.

Meanwhile, the bank is also launching the Plus savings account new account. They offer a base rate of 0.50% and a fidelity premium of 0.75%. The amount on them is limited to 100,000 euros. Funds in excess of this amount will also be transferred to a deposit account, where the interest is 0%. Only one Savings Plus account can be opened with the same owner or joint shareholders.

Please note: The base rate is set for each day that there is an amount in the account. On top of this is a fidelity bonus for funds kept for a year. The base interest rate is subject to change every day; The insurance premium is fixed immediately for a period of twelve months.

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How do these new savings rates compare to other banks’ rates? View it via Spaargids.be comparison box below.


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This article was brought to you by our partner Spaargids.be.
Spaargids.be is an independent comparator of bank products and looks for competitive pricing and better interest rates.