The comparison platform noted that several smaller financial institutions are now paying up to one percentage point more than major banks on certain deposit products. Over the past year, these banks have steadily increased interest rates on regular savings accounts, and in 2026 have extended the strategy to fixed-term deposits.
Geld.nl reported that Garantibank is currently offering an interest rate of 3 percent on a five-year fixed deposit, the highest rate available in Europe at the moment. Ayvens has also adjusted its offerings upward, with its five-year deposit now yielding 2.7 percent.
By contrast, the Netherlands’ major banks — ING, Rabobank and ABN Amro — are offering significantly lower returns on similar products. Interest rates for a five-year deposit at these institutions range between 1.95 percent and 2.3 percent, according to the comparison site.
The widening gap highlights growing competition within the Dutch banking sector as smaller players seek to gain market share by appealing to savers looking for better returns amid a relatively stable interest rate environment. For consumers, the trend presents more attractive options, particularly for those willing to lock in funds for longer periods in exchange for higher yields.