In early January 2020, ABN Amro announced that it was the first major Dutch bank to charge a negative savings rate to customers with more than 2.5 million euros in their accounts. Financial expert Amanda Bulthuis (of Geld.nl) already expected at the time that Rabobank and ING would also follow suit, and now they have.
Rabobank has announced that wealthy customers with more than a million in savings will pay a negative 0.5% interest rate on savings as of July, according to AD. Other account holders will see a reduction in interest rates, which will (still) remain positive and vary from 0.01% to 0%.
Savers with more than a million euros at ING Bank will also pay 0.5% negative savings interest. Like Rabobank, they are also implementing an interest rate change for other account holders. For accounts between 100,000 euros and 1 million euros, 0% interest will apply from July. For accounts up to 100,000 euros, the interest rate remains 0.1%.
This is also the time to invest your savings. After all, you will no longer receive interest on it or you will even have to start paying for it. Investing in a vacation home is then an interesting option, last year the number of holidaymakers in the Netherlands increased by 12% (source: nu.nl). The number of tourists in the Netherlands from home and abroad continues to grow. This makes it increasingly interesting to invest in a vacation home at a vacation park. If you choose to invest in a vacation home and rent it out, we can offer you an interesting net return per year at various locations.
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