ABN AMRO adjusts base rate on most private savings accounts

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Three piggy banks

ABN AMRO is lowering the base rate on its savings account by 0.05% as from 15 June. Interest on the popular Capital Savings Account (Vermogens Spaarrekening) will be lowered to 0.35%; the bonus interest will remain at 0.25% and the base rate will drop from 0.15% to 0.10%. Interest on the Direct Savings Account, from which funds can be withdrawn at any time, will be lowered from 0.20% to 0.15%. Clients have been informed of the changes.

A complete overview of ABN AMRO’s new savings interest rates is available here.

The bank is making these changes in response to interest rate movements on the money and capital markets. More information on how interest rates are set, plus an overview of the bank’s current rates, is available on thisĀ page (in Dutch only).

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