# European digital banking savings product trends

> Live situation record from CLSTR: https://clstr.news/situations/european-digital-banking-savings-product-trends
> Updated: 2026-10-22T03:25:03.000Z. Sources: 8. Developments: 2.

In October 2026, digital banking entities began introducing various savings and investment products to increase returns for consumers. Openbank raised its remunerated account interest rate to 3.25% TAE, while N26 launched a flexible money market fund managed by Fidelity International with a target return of 2.57% TAE.

As the month progressed, several banking institutions across Europe offered competitive fixed-term deposit rates. High-yield options included Openbank at 3.25% TAE for a 6-month term and SME Bank via Raisin at 3.24% TAE for 12 months. Other providers such as EBN, BFF Bank, and Self Bank offered rates ranging from 2.75% to 3.10% TAE. Additionally, institutions like Cetelem, Renault Bank, and WiZink provided options for savers seeking quarterly interest payments.

## Timeline

### 2026-10-22: Savings deposit options offer up to 3.25% TAE in October 2026

Fixed-term deposits in October 2026 feature rates up to 3.25% TAE, with leading providers including Openbank, SME Bank, and EBN.

3 sources. https://clstr.news/cluster/savings-deposit-options-offer-up-to-325-tae-in-october-2026

### 2026-10-08: Digital banks Openbank and N26 introduce new savings and investment options

Openbank has increased its remunerated account rate to 3.25% TAE, while N26 launched a money market fund targeting a 2.57% TAE.

6 sources. https://clstr.news/cluster/digital-banks-openbank-and-n26-introduce-new-savings-and-investment-options

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Cite as: European digital banking savings product trends. CLSTR, https://clstr.news/situations/european-digital-banking-savings-product-trends