Svea Bank savings rates 2026: savings account and fixed-term deposit
In October 2026 the interest rate of Svea Bank's savings account is 2.00% with free withdrawals, and the rates of fixed-term accounts are 2.90% (3 months), 2.85% (6 months), 2.80% (12 months), 2.55% (24 months) and 2.50% (36 months). From a fixed-term account you can withdraw during the deposit period against a fee of 2.5% (at least €30).
Svea Bank savings accounts
| Account | Rate | Tiering | Withdrawals | Minimum | Rate can change | Fees |
|---|---|---|---|---|---|---|
| Savings account | 2.00% | 2.00% for the whole balance | Withdrawals without restrictions and without charges. | not available | not available | Opening and use are completely free. |
- Savings account: Interest is calculated on the daily balance and paid at the end of the year. Svea withholds 30% withholding tax on the interest. For personal use only; requires a Finnish bank account and online banking credentials.
Svea Bank fixed-term deposits
| Term | Rate | Minimum | Maximum | Early withdrawal |
|---|---|---|---|---|
| 3 months | 2.90% | €1,000 | not available | Withdrawals possible at any time: a fee of 2.5% of the withdrawn amount, at least €30; unlimited withdrawals. |
| 6 months | 2.85% | €1,000 | not available | Withdrawals possible at any time: a fee of 2.5% of the withdrawn amount, at least €30; unlimited withdrawals. |
| 12 months | 2.80% | €1,000 | not available | Withdrawals possible at any time: a fee of 2.5% of the withdrawn amount, at least €30; unlimited withdrawals. |
| 24 months | 2.55% | €1,000 | not available | Withdrawals possible at any time: a fee of 2.5% of the withdrawn amount, at least €30; unlimited withdrawals. |
| 36 months | 2.50% | €1,000 | not available | Withdrawals possible at any time: a fee of 2.5% of the withdrawn amount, at least €30; unlimited withdrawals. |
- 3 months: Requires a Svea savings account first; the rate depends only on the deposit period, not on the amount.
Terms and opening an account
| Fact | Value |
|---|---|
| Head office | Sweden |
| Opening online as a new customer | Yes |
| Requires a current account or customer relationship | No |
| Information checked | 16 October 2026 |
Deposit guarantee and taxation
Swedish deposit guarantee (Riksgälden), €100,000 per depositor. Svea Bank AB operates in Finland as a branch, so in a compensation case the Financial Stability Authority pays compensation to the depositors of the Finnish branch.
Withholding tax: Finnish withholding tax 30%. The bank withholds 30% withholding tax, and the interest is not declared separately. Withholding tax does not count towards the 30% / 34% capital income tax rate threshold. Read more in the guides deposit guarantee and tax on savings deposits.
Calculate the return
Enter the amount and the term in the savings rates calculator to see the gross interest, the tax and the net interest of Svea Bank compared with other providers. See all providers in the savings rates comparison.
See also
Similar savings rates
Sources
- Svea Bank: Säästötiliretrieved 16 October 2026
- Svea Bank: Määräaikaistiliretrieved 16 October 2026
- Svea Bank: Talletusretrieved 16 October 2026
- Rahoitusvakausvirasto: Talletussuojajärjestelmän pankitretrieved 16 October 2026
Information checked 16 October 2026. Always check the current rate and terms with the provider.
Frequently asked questions
How much interest does Svea Bank pay on a savings account?
In October 2026 Svea Bank savings accounts and rates: Savings account 2.00%.
What is the fixed-term deposit rate at Svea Bank?
In October 2026 Svea Bank fixed-term deposit rates: 3 months 2.90%, 6 months 2.85%, 12 months 2.80%, 24 months 2.55% and 36 months 2.50%. The terms for early withdrawal vary, and they are shown in the table on the page.
Is a deposit at Svea Bank safe?
Swedish deposit guarantee (Riksgälden), €100,000 per depositor. Svea Bank AB operates in Finland as a branch, so in a compensation case the Financial Stability Authority pays compensation to the depositors of the Finnish branch. The cover limit in the EU is €100,000 per depositor per bank.
Is withholding tax deducted from the deposit interest at Svea Bank?
Finnish withholding tax 30%. The bank withholds 30% withholding tax, and the interest is not declared separately. Withholding tax does not count towards the 30% / 34% capital income tax rate threshold.