What is the best % rate for savings account in your country.

[valentine10]

@sunflowers24 Australia hit 5.15% for me recently (only for young people)

My German bank account is getting 2,4% but I have seen up to 3,2% for 24 month periods or soemthing

 

[joyfulspirit68]

@valentine10 Which German bank?

 

[mattithyah]

@joyfulspirit68 2.3% is available with Bank11, guaranteed for 6 months.

 

[rob01]

@valentine10 There will be another rate hike in few weeks. We should expect 3.5% dinner or later.

 

[joanr65]

@sunflowers24 In Finland, Bank Norwegian is 1.55% as of today. That's without any withdrawal restrictions or costs.

There might be something slightly better available, but I don't know.

 

[davis_steff]

@joanr65 Nordea offers 2.2%.

 

[swae]

@davis_steff 12mo fixed term tho

 

[bailey2017]

@sunflowers24 BTW, there is better in Czech Republic.

CZK - MaxBanka - 6.01%

 

[resjudicata]

@sunflowers24 4.75% USA (Investment Banker)

 

[resjudicata]

@sunflowers24 Brazil, around 12%

 

[nick_21]

@resjudicata Yes, but it’s in REAL not EUR

 

[williamjo10]

@nick_21 Is it real, though?

 

[resjudicata]

@nick_21 Of course... that is implicit

 

[nick_21]

@resjudicata Then it’s not relevant. Inflation in EUR and REAL are not comparable

 

[terminal_marxicity]

@resjudicata Which bank?

 

[roonwit]

@resjudicata It is actually way more, even for sovereign bonds. And you can get > 6% + inflation index, which is safer. Even more if with banks and corp bonds.https://www.tesourodireto.com.br/titulos/precos-e-taxas.htm

But there's the currency risk and it is really difficult to invest there as a foreigner without deep pockets. Investing through EU banks, you'll probably will need to buy a somewhat illiquid bond for around 100k € minimum. This is actually the reason why I still haven't given up my Brazilian tax residency.

 

[resjudicata]

@roonwit For sure. Im referring to the minimum. But there are better options for sure

 

[hattington]

@sunflowers24 Open Bank, NL, 2% for 6 months, then 1.5%

 

[keonhanh]

@hattington Thanks, I didn't know openbank yet!

 

[sjpenny]

@hattington I saw 3.21% pa from a bank called BluOr Bank

BluOr Bank Fixed Deposit