May 8, 2024

Taylor Daily Press

Complete News World

The most profitable savings account now earns 3.15 percent

The most profitable savings account now earns 3.15 percent

VDK has launched a new savings account. The Ritme Savings Account carries an interest rate of 3.15 percent. This is also the most profitable savings account on the Belgian market.

Why is this important?

Due to the tightening of the European Central Bank's monetary policy, banks currently receive compensation of 4 percent on excess savings deposits they place with the monetary institution. Two years ago, they still had to pay penalty interest (-0.5 percent) on this. Now financial institutions have more room to give their savers a little extra.

In the news: VDK launches Ritme savings account.

  • With a total return of 3.15 percent, this is instantly the most profitable savings account in our country.
  • But as is often the case with such returns, you have to take the limitations into account. Anyone saving through a VDK account can set aside a maximum of €500 per month.

details: VDK is also changing some other prices.

  • Your YouCount savings account now earns 1.75 percent.
  • Who puts his money into savings