ABN AMRO reduces private savings accounts rates

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ABN AMRO will lower rates on private savings accounts on 31 July. Clients have been informed. Interest on our instant-access Direct Savings Account (Direct Sparen) will be cut to 0.03% from 0.05%.

Interest on our highly popular Capital Savings Account (Vermogens Spaarrekening) will go up to 0.07%, compared with 0.10% previously. Check out the latest savings rates here.

These rate cuts reflect negative money market rates and low capital market rates. For more information on savings rates and how they are arrived at, read this article.

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