Unexpected boost in daily earnings for savers: Mega-interest rates now offered by this bank starting today
In the rapidly evolving world of finance, Ikano Bank, a Swedish financial institution, has caught the attention of European savers with its competitive instant access savings account. The account, known as the "Flex Save Instant Access," offers an impressive interest rate of 3.41% per year.
This rate is significantly higher than most mainstream European banks and fintechs, which generally offer rates between 2.0% and 2.55% on similar products. For instance, Trading 212 offers up to 2.20%, MeDirect's MeMax Savings Account provides 2.0%, and TF Bank in Germany initially offers 2.55%, albeit with deposit limits.
Other notable mentions include N26, a German-licensed bank, offering up to 2.00%, but this is linked to a premium account. Banks in Finland offer up to about 2.30%, while UK-based easy-access savings accounts max around 5%, but these are mostly limited to UK residents and denominated in GBP.
The "Flex Save Instant Access" account does not have an interest guarantee, but the capital is protected by the Swedish deposit guarantee up to 100,000 Euros. It's important to note that for German customers, taxes are automatically deducted.
For those prioritising instant access and EUR currency, Ikano's rate stands out as one of the highest in the market as of mid-2025. However, other accounts may offer better rates with fixed terms or notices, or in different currencies, but with corresponding trade-offs.
The BÖRSE ONLINE Instant Access Comparison provides a platform to find the latest and best offers on the market, allowing savers to make informed decisions about their savings. This tool can be useful for those considering Ikano Bank or other institutions offering competitive rates.
However, the question of whether savers should take advantage of the unexpected increase in instant access rates is left for each individual to decide. The article does not address whether savers should consider offers at DKB, nor does it discuss the specifics of any amazing action at DKB.
It's worth noting that the European Central Bank (ECB) has recently cut its deposit rates by 25 basis points, which could potentially impact the savings landscape in the future. Nonetheless, Ikano Bank's "Flex Save Instant Access" account remains a competitive option for European savers seeking high returns on their instant access EUR accounts.
The "Flex Save Instant Access" account offered by Ikano Bank, a Swedish financial institution, has a higher interest rate compared to most mainstream European banks and fintechs, positioning it as a competitive option in the personal-finance industry. In the rapidly evolving banking-and-insurance sector, this account stands out for offering an impressive 3.41% interest rate annually.
