Best High-Yield Savings Accounts in Europe 2026 - Compare EUR Interest Rates
Looking for the best high-yield savings account in Europe? Whether you call it a HYSA, euro savings account, or cash management platform, we've compared the top options across fintech apps, neobanks, and trading platforms to help you find the highest EUR interest rates available in 2026.
Monefit SmartSaver currently leads with 7.50% on EUR balances, followed by Bondora at 6.00% and XTB at 2.30%. Our regularly updated table below shows you exactly where to earn the most on your euros.
Best Euro Savings Accounts Compared
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HYSA Europe - What to Consider
When choosing a high-yield savings account (HYSA) in Europe, consider these factors:
- Deposit protection: Traditional banks like N26 and Revolut offer up to €100,000 protection under EU deposit guarantee schemes. Fintech platforms like Monefit SmartSaver, Bondora, and Mintos operate differently.
- Withdrawal flexibility: Some accounts offer instant access, while others may have notice periods.
- Rate changes: Most rates are variable and can change with ECB policy decisions.
- Country availability: Not all platforms accept customers from every EU country.
Monefit SmartSaver
Monefit SmartSaver currently leads our ranking with a 7.50% APY, calculated daily on your invested balance. Operated by the Creditstar Group, which has been active across 8 European countries for over 19 years, Monefit invests your funds into a diversified portfolio of consumer loans across multiple markets. This is similar to Bondora's model, meaning it is not a traditional bank deposit and is not covered by deposit guarantee schemes.
New users who sign up through our link receive a 0.25% instant welcome bonus on all net transfers made during the first 90 days. The bonus amount is locked for those initial 90 days, after which you can choose to leave it invested or withdraw it freely.
Withdrawals up to 1,000 EUR per month are processed instantly, while larger amounts follow a standard 10-business-day processing period via SEPA or card payout. There are no fees of any kind. With over 30,000 investors and more than 302 million EUR total invested on the platform, Monefit has maintained a 100% withdrawal success rate. The parent company, Creditstar, has been profitable since 2006 and is audited annually by KPMG.
Keep in mind that capital protection is not guaranteed, and investments are not government-insured. This is an important consideration compared to deposit-protected bank accounts lower on this list.
For a deeper look at the platform, fees, and withdrawal process, read our full Monefit SmartSaver review.
Why Bondora Offers 6% Interest
You might wonder how Bondora can offer 6% when most banks pay under 2%. The key difference is that Bondora's Go & Grow product invests your money in consumer loans rather than holding it as a traditional deposit. This peer-to-peer lending model allows them to pass on higher returns to investors, though it comes with different risk considerations than a bank deposit protected by deposit guarantee schemes.
For those comfortable with this structure, Bondora has paid consistent returns since 2019 and allows withdrawals within 30 days. It remains the highest-yielding option for Euros in Europe. Read our full Bondora Go & Grow review for a detailed analysis of risks and returns.
Provider Bonuses and Promotions
Several platforms on this list offer welcome bonuses when you sign up through our links. Here's a quick overview of the current promotions:
XTB
XTB offers 2.30% interest on uninvested EUR cash, making it one of the highest rates among traditional brokers. New users can get a free stock when opening an account through our link. Read our XTB review for a complete breakdown of features and fees, or check out the XTB free stock promotion details.
Trading 212
Trading 212 pays 2.20% on uninvested EUR and offers free fractional shares worth up to €100 when you sign up with a promo code. The platform is popular for its commission-free trading and user-friendly interface. Learn more in our Trading 212 review or grab your bonus via the Trading 212 promo code page.
Mintos
Mintos offers 2.00% on their Mintos Core ETF and up to €200 in bonuses for new investors. As a peer-to-peer lending marketplace, the actual returns can vary based on the loans you invest in. See the full Mintos bonus code details for the current offer.
Lightyear
Lightyear pays 1.90% on EUR balances and offers new users up to £100 in free US fractional shares. The platform stands out for its competitive FX rates and straightforward pricing. Check out our Lightyear review or get your bonus through the Lightyear promo code page.
Interactive Brokers
While Interactive Brokers offers a lower EUR interest rate (1.46%), it remains a top choice for serious investors due to its professional-grade tools and global market access. New users can earn up to $1,000 in IBKR stock through their referral program. Read our Interactive Brokers review or check the IBKR referral bonus details.
Euro Deposit Rates Calculator
Use our calculator below to estimate your returns based on the rates shown above.
Frequently Asked Questions
What is the best high-yield savings account in Europe?
As of February 2026, Monefit SmartSaver offers the highest rate at 7.50% APY, followed by Bondora at 6% through their Go & Grow product. Both invest in consumer loans rather than holding traditional deposits. For broker accounts, XTB leads at 2.30%, followed by Trading 212 at 2.20%, and Trade Republic, N26, and Revolut at 2.00%.
Are high-yield savings accounts safe in Europe?
Traditional bank accounts like N26, Revolut, and Trade Republic are protected by EU deposit guarantee schemes up to €100,000. Broker platforms like XTB and Trading 212 hold client funds in segregated accounts. Fintech platforms like Monefit SmartSaver, Bondora, and Mintos operate differently as they invest in consumer loans, which carries different risk considerations but potentially higher returns.
What is a HYSA in Europe?
HYSA stands for High-Yield Savings Account. In Europe, these are savings accounts or cash management platforms that offer interest rates significantly above traditional bank savings rates. Popular options include neobanks like N26 and Revolut, trading apps like Trading 212, XTB, and Trade Republic, and fintech platforms like Bondora.
How do Euro savings account interest rates compare to the US?
Euro savings rates are generally lower than US dollar rates due to ECB monetary policy. While US HYSAs can offer 4-5% APY, Euro accounts typically range from 1.5-2.5% at traditional platforms, with higher rates available through lending platforms like Monefit SmartSaver at 7.50% and Bondora at 6%.
Looking for GBP savings rates instead? Check out our best high-yield savings accounts in the UK comparison with rates up to 4% GBP.
Not sure which platform is right for you? Try our free BrokerMatch tool to get a personalized broker recommendation based on your location, goals, and investing style.
And don't miss out on our bonuses and exclusive perks page, we've rounded up the best sign-up offers, discounts, and rewards available across dozens of top platforms.
