Bunq is a Dutch neobank with a full banking licence from De Nederlandsche Bank (DNB). In 2026, its Easy Savings account pays 2.01% APY with instant access, no minimum deposit, and EU deposit guarantee coverage up to €100,000.
Bunq Easy Savings: key terms
| Feature | Detail |
|---|---|
| APY | 2.01% |
| Liquidity | Instant |
| Minimum deposit | None |
| Monthly fee | Paid plan required (from €4.99/month) |
| Deposit guarantee | Dutch DGS (DNB) €100,000 |
| Regulation | De Nederlandsche Bank (DNB) |
| Available in | EU + UK |
Rate updated daily. Source: APYData.
What does €10,000 earn with Bunq in 12 months?
| Bunq 2.01% | |
|---|---|
| Gross annual interest | €201 |
| Withholding tax (ES, 19%) | €38 |
| Net (approx.) | €163 |
What makes Bunq different
Bunq stands out for features other neobanks do not offer:
- Multiple IBANs: up to 25 separate accounts (ideal for budgeting by category)
- Sustainable banking: tree planting per transaction, carbon-neutral operations
- Auto-save: automatic rounding up of purchases → effortless saving
- Dutch banking licence: regulated by DNB since 2014 — one of Europe's strictest regulators
Bunq vs alternatives
| Product | APY | Guarantee | Free plan |
|---|---|---|---|
| Scalable Capital | 2.50% | German DGS €100K | ✅ Yes |
| Revolut | 2.27% | Lithuanian DGS €100K | ✅ Yes |
| Trade Republic | 2.02% | German DGS €100K | ✅ Yes |
| Bunq | 2.01% | Dutch DGS €100K | ❌ From €4.99/month |
Bunq's key limitation for pure savers is that accessing Easy Savings requires a paid monthly plan. Trade Republic and Revolut offer similar or higher rates for free. Bunq makes most sense for users who already use it as their primary bank and want to maximise interest on their existing balance.
Is Bunq safe?
Yes. Bunq holds a full Dutch banking licence from De Nederlandsche Bank since 2014 and is covered by the Dutch Deposit Guarantee Scheme up to €100,000 per depositor, equivalent to the EU standard under Directive 2014/49/EU.
FAQ
What APY does Bunq pay in 2026?
Bunq Easy Savings pays 2.01% APY in 2026 with instant access. A paid monthly plan is required (from €4.99/month).
Is Bunq available in Spain and the EU?
Yes. Bunq is available across the EU. Account opening is fully digital and typically takes 10-15 minutes.
What are the best Bunq alternatives in Europe?
For a higher rate with no monthly fee: Scalable Capital (2.50%), Revolut (2.27%), Trade Republic (2.02%). For fixed-term deposits: Raisin (up to 3.33% at 12 months). All are covered by EU deposit guarantee schemes.
Does Bunq have a banking licence?
Yes — a full Dutch banking licence from De Nederlandsche Bank since 2014. This means deposits are held at Bunq directly (not via a partner bank), providing maximum regulatory clarity.