PSD2
Payment Services Directive 2 (Directive 2015/2366)EU directive governing payment services and PSPs; introduced Strong Customer Authentication (SCA), open banking APIs, and consumer protections. Being superseded by PSD3/PSR.
EUR savings rates,
bank by bank.
What your idle euros actually earn at the EU neobanks that pay interest on euro deposits — every rate here is a DGS-protected euro deposit, not a money-market-fund yield (those, like Wise, are explained below).
Top EUR rate
2.90%
Highest euro savings rate across the index. Revolut · ecb-linked.
DGS-protected
4/4
Every euro savings rate here is a DGS-protected deposit, covered to €100,000.
Money-market-fund alternatives (e.g. Wise) pay in other currencies and are explained
below.
ECB context
2.25%
ECB deposit-facility rate at edition cut-off. A rate above ~2.5% EUR typically means
active spread management by the bank.
Rate-type split
0/4
Variable-rate products (most common). Fixed-term and ECB-linked are flagged separately
in the table.
01 — The table
Rates side by side.
Rank by rate; note the DGS / not-DGS distinction. Rates are variable unless marked otherwise.
| Bank | Best rate | Rate type | Access | Protection | Status |
|---|---|---|---|---|---|
| Revolut savings-vault | 2.90%
EUR AER | ecb-linked | instant Instant Access Savings (verified revolut.com 2026-06-24): up | DGS · €100,000 | Protected |
| Trade Republic cash-interest | 2.25%
EUR AER | ecb-linked | instant 2.25% p.a. on uninvested cash in Germany, tracking the ECB d | DGS · €100,000 | Protected |
| bunq easy-savings | 2.01%
EUR AER | ecb-linked | instant MassInterest model (verified bunq.com 2026-06-24): 1.51% p.a | DGS · €100,000 | Protected |
| N26 savings-space | 0.30%
EUR AER | ecb-linked | instant N26 Instant Savings (verified n26.com 2026-06-24): free Stan | DGS · €100,000 | Protected |
DGS-protected deposit — €100k legal cover
Money-market fund or safeguarded — market risk, not insurance
4 banks with a savings product
02 — The distinction
Deposit interest vs. money-market yield.
Two different products that both show up as "savings rate" in a neobank app. Know the difference.
DGS-protected savings deposit
Your money is a bank deposit. The rate is paid by the bank, set at its discretion, and subject to change. Up to €100,000 is insured under the relevant national DGS.
Offered by the credit-institution banks in our index: Revolut, N26, bunq, Trade Republic, Lunar. For the ranked picks prioritised by headline rate and protection together, see our ranked list of the best savings-account neobanks.
Money-market-fund yield
Your money is invested in a money-market fund (short-term government / corporate paper). The yield tracks market conditions, not the bank's discretion. MMF assets are segregated but not insured — there is market risk, albeit small for top-rated instruments.
Offered by Wise (GBP) and some tiers of Vivid Money. Understand the trade-off before chasing the highest number.
Regulatory landscape · EU
The EU rules governing EU savings products.
Every neobank in this ranking is regulated under one of these five EU frameworks. Cards link directly to the EUR-Lex / Commission source text.
PSD3
Third Payment Services Directive (provisional agreement)Successor framework to PSD2. EU Parliament and Council reached provisional political agreement 27 November 2025. Extends Verification of Payee (VoP) to all credit transfers; mandates fraud-data sharing between PSPs.
DORA
Digital Operational Resilience Act (Regulation (EU) 2022/2554)ICT risk-management and incident-reporting framework for EU financial entities. In force since 17 January 2025.
AMLR / AMLD6
EU Anti-Money-Laundering Package: AML Regulation + 6th AML Directive + AMLASingle AML rulebook + EU AML Authority (AMLA, HQ Frankfurt, operational 2025). 6th AML Directive transposed 2025–2027; AMLR directly applicable from July 2027.
MiCAR
Markets in Crypto-Assets Regulation (EU) 2023/1114EU framework for crypto-asset issuers + CASPs. The transitional 'grandfathering' period for providers operating under prior national regimes expires 1 July 2026; after that date a provider without a MiCA CASP authorisation must stop offering crypto services to EU customers. Required for any neobank offering crypto trading (Revolut, Vivid Money, Lunar, Bitpanda).