Savings Accounts

Compare Savings Accounts in Sweden

Updated on 20 October 2020

4 offers from 3 banks
Interest Rates: 0.05 - 0.20 % p.a.
Account Terms: 1 - 12 months
 Avida Finans
ATAustria
Rating
 (4.5)
Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
0.20 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
4 times a year
Savings Account Provider
 (4.5)

Avida Finans is a Swedish financial company, offering factofing, invoice and cash management products and services to companies. Avida Finans also provides deposit and lending to private individuals.

 Avida Finans
DEGermany
Rating
 (4.5)
Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
0.20 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
4 times a year
Savings Account Provider
 (4.5)

Avida Finans is a Swedish financial company, offering factofing, invoice and cash management products and services to companies. Avida Finans also provides deposit and lending to private individuals.

 Resurs Bank
DEGermany
Rating
 (2.3)
Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
0.20 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
500 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
1 times a year
Savings Account Provider
 (2.3)

Resurs Bank is a Swedish bank, specialized in providing retail banking products and services, including credit cards, savings accounts, and consumer loans.

 TF Bank
DEGermany
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld Weltsparen
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.05 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
2,000 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
1 times a year
Savings Account Provider

Established in 1987, TF Bank is a Swedish credit institution offering sales financing to e-commerce business clients, savings accounts to individuals and personal loans to individuals.

ATAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While offering more flexibility, savings accounts usually provide lower interest rates than term deposit accounts.

The table above shows essential details of selected savings accounts products offered to retail customers by the banks in Sweden: currency, interest rate per annum and deposit term. The savings accounts terms vary from 1 month to 1 years (12 months). The interest rates are within the range 0.05 - 0.20 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in Sweden.

Country Deposit Rating. Sweden's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aaa (prime).

Deposit Guarantee. Savings accounts made with credit institutions in Sweden are covered by deposit guarantee scheme up to 950,000 SEK per depositor.

Withholding Tax. Interest income gained on savings accounts by non-residents of Sweden is not taxed. Interest gained on savings accounts by residents of Sweden is taxed at 30.00% rate. When the interest is paid, this tax is automatically withhold from the savings account by the bank.

Other Banking Products in Sweden

See Also