A fixed-term bank deposit is no longer the only way to earn a return on your savings. In 2026 there are alternatives with equal or higher yields and different risk and liquidity profiles: instant-access savings accounts, treasury bills, money market funds with daily liquidity, and peer-to-peer lending platforms with higher returns. APYData compares all options so you can choose the one that best fits your profile.
| # | Entity | Product | APY | Score | Risk | Liquidity | View |
|---|---|---|---|---|---|---|---|
| 1 |
Ibercaja
|
Cuenta Vamos | 5.09% | 8.1 | Low | Instant | View → |
| 2 |
Trade Republic
|
Cuenta Remunerada | 3.04% | 7.7 | Low | Instant | View → |
| 3 |
Bunq
|
Bunq — Easy Savings (EUR) | 3.01% | 7.7 | Low | Instant | View → |
| 4 |
Scalable Capital
|
Scalable Capital — Cash EUR | 2.60% | 7.6 | Low | Instant | View → |
| 5 |
Openbank
|
Cuenta de Ahorro | 2.50% | 7.6 | Low | Instant | View → |
| 6 |
Bankinter
|
Cuenta Digital | 2.50% | 7.6 | Low | Instant | View → |
| 7 |
Raisin
|
Cuenta Bienvenida | 2.36% | 7.5 | Low | Instant | View → |
| 8 |
Distingo Bank
|
Distingo Bank — Cuenta de Ahorro (Raisin) | 2.22% | 7.5 | Low | Instant | View → |
| 9 |
Collector Bank
|
Collector Bank — Cuenta de Ahorro (Raisin) | 2.15% | 7.5 | Low | Instant | View → |
| 10 |
MyInvestor
|
Cuenta Remunerada Premium (2,10% TAE) | 2.10% | 7.5 | Low | Instant | View → |
| 11 |
Abanca
|
Cuenta Remunerada | 2.00% | 7.4 | Low | Instant | View → |
| 12 |
N26
|
N26 Instant Savings Metal (1,30% TAE) | 1.50% | 7.3 | Low | Instant | View → |
| 13 |
Tesoro Público (España)
|
Obligaciones del Estado 30 años | 3.79% | 7.0 | Low | Market hours | View → |
| 14 |
SME Bank
|
SME Bank — Depósito 1 año (Raisin) | 3.51% | 7.0 | Low | Al vencimiento | View → |
| 15 |
Mano Bank
|
Mano Bank — Depósito 1 año (Raisin) | 3.46% | 7.0 | Low | Al vencimiento | View → |
| 16 |
Fjord Bank
|
Fjord Bank — Depósito 1 año (Raisin) | 3.40% | 6.9 | Low | Al vencimiento | View → |
| 17 |
Ministero dell'Economia (Italia)
|
BTP 10 años | 3.59% | 6.9 | Low | Market hours | View → |
| 18 |
Fjord Bank
|
Fjord Bank — Depósito 2 años (Raisin) | 3.30% | 6.9 | Low | Al vencimiento | View → |
| 19 |
Renault Bank
|
Depósito Tú+ 36 meses | 3.24% | 6.9 | Low | — | View → |
| 20 |
Renault Bank
|
Depósito Tú+ 24 meses | 3.14% | 6.9 | Low | — | View → |
Fixed-term deposits from Spanish banks have improved following ECB rate hikes, but most still sit below 3% APY. With inflation at 2.5–3%, the real return on many deposits is marginal. There are alternatives that offer the same security with better returns, or higher returns by taking on slightly more risk.
A savings account pays interest on your available balance with no lock-in and no withdrawal penalty. The best in Spain in 2026 exceed 2.50% APY. Key advantage: total liquidity. Ideal as a complement or partial replacement for a fixed-term deposit.
Spanish government debt offers yields of 2.3–2.5% over 6–12 months with a Spanish State guarantee. Tax advantage: no withholding at source (you declare in your annual return). For amounts over €100,000, they are the only alternative with sovereign protection.
Money market funds invest in short-term, high-quality debt offering yields of 2.2–2.8% with daily liquidity. Available through brokers such as Freedom24 or XTB. No DGS coverage, but very low risk profile.
Through platforms like Raisin, you can open fixed-term deposits from European banks (Estonia, Latvia, Malta, Portugal) with yields above the Spanish average and the same EU DGS coverage up to €100,000.
Platforms like Mintos (~10.5%) or Bondora (~6.75%) let you lend directly to individuals and businesses, earning yields well above bank deposits. However, there is no DGS coverage and there is real default risk. Only recommended for a portion of your portfolio, with diversification.
| Alternative | APY approx. | Liquidity | Guarantee |
|---|---|---|---|
| Savings account | 2.0–2.5% | Instant | DGS €100k |
| Treasury bills | 2.3–2.5% | 6–12 months | State |
| Money market fund | 2.2–2.8% | Daily | No DGS |
| European deposit (Raisin) | 2.4–3.5% | Fixed term | EU DGS €100k |
| P2P lending | 6–10.5% | Variable | No guarantee |
APYData aggregates rates and yields from official sources: the European Central Bank, national treasuries (bonds & T-bills), the Spanish Deposit Guarantee Fund (FGD) and banks’ official rates. Figures are updated automatically. (how it works · about us)
· Published by APYData
Cite this page: “Alternatives to Bank Deposits in 2026 2026”, APYData — https://apydata.com/en/alternatives-to-bank-deposits