With interest rates falling in the Eurozone, where to put your savings in 2026 has become a more complex decision than in 2023-2024. Deposits no longer offer the 4-5% of two years ago, but very competitive options still exist. We compare 7 real alternatives with updated data.
Summary: best savings options in 2026 (Spain/Europe)
| Option | Indicative APY | Liquidity | Risk | Guarantee |
|---|---|---|---|---|
| Savings accounts (promo) | 2.0–5.1%* | Instant | Very low | DGS up to €100,000 |
| Fixed-term deposits | 2.0–2.85% | No early access | Very low | DGS up to €100,000 |
| Treasury Bills (Spain) | 2.08–2.18% | Secondary market | Very low | Government (no cap) |
| Money market funds | 2.5–2.9% | Daily (T+1) | Very low | CNMV (no cap) |
| EU deposits via Raisin | up to 2.85% | No early access | Very low | EU DGS up to €100,000 |
| Crowdlending | 6–10.5% | Limited | High | None |
*Promotional rates with conditions.
1. Savings accounts: instant liquidity
Best options in 2026: N26 Instant Savings Metal (2.76% APY, no conditions), Revolut (2.27% APY, welcome promotion), MyInvestor Premium (2.10% APY, no conditions). Promotional accounts (Ibercaja Cuenta Vamos at 5.09%, Bankinter at 5.00%) require payroll direct deposit and apply only for the first year on limited amounts.
2. Fixed-term deposits: more yield, no liquidity
Best options: EVO Banco 12m at 2.85% APY (best Spanish deposit March 2026), Klarna Bank via Raisin 2y at 2.56% APY, Banca Progetto via Raisin 6m at 2.45% APY. Choose these when you have a defined time horizon and do not need the money before maturity.
3. Treasury Bills: maximum safety, no cap
Spanish Treasury Bills currently offer 2.08%–2.18% APY (3 to 12 months). Key advantage: unlimited Spanish Government guarantee — ideal for amounts over €100,000 that exceed the DGS limit. No tax withholding at source when buying directly on tesoro.es.
4. Money market funds: daily liquidity with good yield
MyInvestor Naranja Money Market at 2.75% APY and Fidelity Euro Cash Fund at ~2.9% APY offer ECB-linked returns with daily liquidity and no amount cap. Ideal alternative to savings accounts for large amounts. In Spain, transfers between registered investment funds are tax-deferred.
5. EU deposits via Raisin
Access deposits from banks across the EU from a single account, with each country DGS protection (up to €100,000). Current best: Klarna Bank and Younited Credit at 2.46% for 12 months.
6. Crowdlending: high yield, high risk
Mintos (up to 10.5%) and Bondora Go & Grow (6.00% fixed) offer returns far above deposits. But there is no capital guarantee and liquidity can be restricted in adverse conditions. Only suitable for investors with risk tolerance and as a complement, never a substitute for safe savings.
Which option to choose by profile
- Emergency fund (1-3 months expenses): instant savings account — N26, Revolut or MyInvestor.
- Short-term savings (<12 months): money market fund or Treasury Bills.
- Medium-term savings (1-2 years): EVO Banco or Raisin deposit.
- Amounts over €100,000: combine Treasury Bills (no cap guarantee) with money market funds.
Compare all products in real time on the APYData comparator — data updated daily from official sources.