On 30 September 2016, ABN AMRO will lower its interest rates on retail savings accounts. Clients have been informed about this. The interest rate on the popular savings account “Vermogens Spaarrekening” will drop from 0.7 % to 0.6%.
The interest rate on the “Direct Sparen” savings account, which offers instant access to deposits, will be lowered from 0.4% to 0.3%. Interest rates on other savings accounts will also drop 0.1 percentage point.
The interest rates are being reduced due to the ongoing decline in interest rates on money and capital markets. For more information on interest rates on savings accounts, please read this news item. An up-to-date list of current interest rates is available here.