What is B100?
B100 is a Spanish neobank regulated by the Banco de España, with a distinctive focus: its savings products are designed for specific goals. Unlike traditional deposits, B100 gamifies saving with themed accounts.
Save Account — 1.75% APY
The Save Account is B100's emergency fund account, with a rate of 1.75% APY:
- Instant access (no withdrawal penalty)
- No fees, no minimum amount
- FGD guarantee up to €100,000 (Spanish Deposit Guarantee Fund)
- Designed for emergency funds (3-6 months of expenses)
Health Account — 3.00% APY
The Health Account offers a higher rate of 3.00% APY, but with restrictions:
- Money can only be used for health-related expenses
- Works as a directed health fund
- FGD guarantee up to €100,000
- More competitive than most unrestricted savings accounts
Is B100 Worth It?
- Trade Republic offers 3.25% with no usage restrictions
- Renault Bank term deposits reach 3.03% with access at maturity
- B100 makes sense if you want to psychologically separate your emergency/health fund
Conclusion
B100 is an interesting option for those who value goal-based separation. If you want the maximum rate without restrictions, Trade Republic or a term deposit offer more yield.