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Knab review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Knab suits Dutch savers who already hold a current account with the bank and want an easy-access pot for spare cash. The variable rate of 1.25% is the weak point, trailing the 3.01% bunq pays, and the same name also covers joint and business banking.

Key facts

Best for
Dutch current account holders who want easy access to their cash rather than a fixed term.
Headline rate
1.25%↗
Rate type
Variable↗
Deposit protection
EU DGS up to EUR 100,000↗
Access terms
Free with a Knab private or joint current account; deposit and withdraw at any time, interest paid quarterly↗
Monthly fee
€0↗
Account kind
Easy access↗
Regulators
De Nederlandsche Bank (DNB), Europese Centrale Bank (ECB), Autoriteit Financiele Markten (AFM)↗
Legal entity
BAWAG AG Branch Netherlands↗
Headquarters
Netherlands↗
Founded
2012↗
Support channels
Help-centre↗
Pricing model
No monthly fee
Official website
knab.nl

Robo-advisors

Management fee
0.92% to 1.02%↗
Investor protection
EU ICS up to EUR 20,000↗
Account types
Joint, Corporate↗
Portfolio types
ESG↗

Credit cards

Rewards type
None↗
Card kind
Credit↗
Audience
Business

Mortgages

Initial rate
3.43%↗
Fixed period
2 years↗
Maximum loan to value
100%↗
Purpose
Purchase, Remortgage, First-time-buyer↗

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataTrustpilotLinkedIn

Pros and cons

Pros

  • Interest is credited on a quarterly cycle, so the return arrives as a single credit rather than in small sums.
  • Deposits are covered by EU DGS up to EUR 100,000, the EU deposit guarantee, so a balance sits inside a national scheme.
  • Joint and corporate holders are both served, since the account types run to joint and corporate and the audience covers business.

Cons

  • The 1.25% rate lags the 3.01% bunq pays and the 3.29% Wise pays, so the return is the weak part of the deal.
  • Support runs on help centre material only, with no phone line or live chat listed for savers who want a person.
  • The variable rate leaves the headline figure open to market moves, where a fixed account would hold it steady.
Knab

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Scored 8.9 / 10 by SumCue.

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Who it suits

  • Dutch savers who keep a private or joint current account with Knab and want savings in the same place.
  • Anyone holding cash they may need at short notice, since the account kind is easy access and withdrawals carry no charge.
  • Business customers, who are the stated business and can hold a savings balance alongside the credit card Knab issues.

Who should look elsewhere

  • Rate chasers: bunq pays 3.01% and Wise 3.29% against the 1.25% on offer here.
  • Savers who want money locked for a set period, since Finteres covers fixed-term deposits at 0% to 36%.
  • People who want to phone a human, because support is limited to help centre material.

Rates and terms

Knab's savings rate stands at 1.25% and the rate type is variable, so the headline figure follows market rates rather than staying fixed for a term. That suits cash which may be needed sooner rather than later, though savers chasing the highest return will find little to like here.

Who runs it

Knab is the Dutch operation of BAWAG AG Branch Netherlands, based in the NL and trading under that name since 2012. Help runs through help centre material, so a question about an interest payment or a withdrawal is answered from written guidance rather than from a phone line or live chat.

How Knab compares

Where Knab is available

Available
Netherlands
Licence in Netherlands
De Nederlandsche Bank (DNB), checked September 26, 2026
Licence in Netherlands
European Central Bank (ECB), checked September 26, 2026
Licence in Netherlands
Autoriteit Financiele Markten (AFM), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Knab pay on its easy-access savings account?+

The headline rate is 1.25% and the rate type is variable, so the figure follows market rates rather than holding still for a term. bunq currently lists 3.01% on a similar easy-access pot, which leaves this account behind on yield alone.

What does it cost to keep money in a Knab savings account?+

The monthly fee is €0, so there is no charge for keeping a balance. The account kind is easy access, so the money is not tied up and can move as plans change, with interest credited on a quarterly cycle.

Is my money safe with Knab?+

Deposits are covered by EU DGS up to EUR 100,000, so a balance is protected to that ceiling under the EU guarantee scheme. Knab also runs under De Nederlandsche Bank (DNB), Europese Centrale Bank (ECB) and Autoriteit Financiele Markten (AFM), meaning the bank answers to named supervisors. Anyone holding more than the ceiling would need to split the money across providers.

Can I get my money out whenever I want?+

Yes. The account kind is easy access, so a holder can take money out as the need arises, with no notice period and no withdrawal charge attached. It suits an emergency fund rather than money set aside for a fixed date.

Who runs the account in the Netherlands?+

Knab is the Dutch branch of BAWAG AG Branch Netherlands, based in the NL and operating under that name since 2012. Supervision sits with De Nederlandsche Bank (DNB), Europese Centrale Bank (ECB) and Autoriteit Financiele Markten (AFM), and the same name also covers mortgages and business services for Dutch households and firms.

Can I open a joint or business account?+

The account types run to joint and corporate, and the audience covered includes business. Access depends on already banking with Knab, in a private or joint capacity, so an applicant without a current account at the bank would need to open one before adding savings.

How do I get help if a payment looks wrong?+

Support runs on help centre material, so most answers come from written guidance rather than from a person on the phone. No live chat is listed either, which suits savers comfortable reading the terms themselves. A question about a missing interest credit would need patience to resolve.

Sources

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term, Minimum deposit.

Knab

Knab

Dutch current account holders who want easy access to their cash rather than a fixed term.

8.9/10See alternatives