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More than 800,000 Belgians will soon benefit from an unprecedented service directly on their savings account

Moreover,

More than 800,000 belgians will:

It is a first in Belgium. However, The Revolut neobank launches a savings account whose interests are paid day by day. Therefore, The project aims to attract new customers.

Belgian banks have continued to innovate in recent years to satisfy or attract customers. Nevertheless, Today it is necessary to find arguments. Similarly, in particular with regard to savings because it is today much less advantageous than in the past. However, Recently. Belfius, ING, Crelan, CBC and BNP have announced that they have lowered the rate of some of their savings accounts.

Today. a bank will establish a whole new system concerning your interests and this could certainly interest you, on the court as on the long term.

The Neobanque Revolut. which has more than 800,000 Belgian customers, continues its conquest of the banking market by innovating. The bank embarks on a new formula: this is an unregulated savings account whose interest is calculated. paid day by day, a first in Belgium, report Thursday Echo and Tijd.

“The new instant access savings account allows customers to transfer their money to their savings account as soon as their salary is paid to their account. and to receive daily interests on these funds, unlike other banks,” said Revolut. Since this is an unregulated account, interest is however subject to the 30 %furniture loss, directly deducted from the source.

The advantage is that the interests themselves also generate daily more than 800,000 belgians will interests. Net interest rates are between 1.05 and 1.75 % on an annual basis, depending on the chosen subscription formula.

The regulated savings accounts offer a basic interest rate for each day when money is deposited on the account. as well as a loyalty bonus for the assets deposited there for at least twelve months. The basic interest rate is paid annually, the loyalty bonus each quarter. These accounts benefit from a tax exemption up to 1. 020 euros in interest and a loss of 15 % apply to any more than 800,000 belgians will higher amount.

The fact that Revolut refers to the payment of the salary in his communication is nothing chance. Its more than 800. 000 Belgian customers have just been migrated to IBAN account numbers starting with BE, a strategy that aims to make the neobanque their main bank.

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More than 800,000 belgians will

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delaney.knight
delaney.knight
A Miami marine reporter, Delaney maps coral-reef heartbreaks with watercolor sketches and policy sidebars.
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