Bpost bank is set to increase the interest rate on all its savings accounts from 14 August, it announced on Wednesday.
The measure applies to both regulated and non-regulated savings accounts.
For regulated Cocoon+ and Cocoon savings accounts, the loyalty premium will increase by 0.25%, from 0.75% to 1%.
For regulated savings accounts including the Savings Account, Fidelity Savings Account, Ritmo Savings Account and Online Savings Account, the base rate will increase by 0.10% to 0.25% and the fidelity premium will increase by 0.15% to 0.25%.
For the non-regulated savings account, the base rate will increase by 0.10%, reaching 0.25%, and the fidelity premium by 0.15%, also reaching 0.25%.
"For deposits made before 14 August 2023, the current fidelity premium will continue to apply. The fidelity premium is only earned on amounts that have remained uninterruptedly on the regulated savings account for 12 months following the deposit," the bank said in a statement.
At the beginning of June, Belfius had already announced its intention to increase interest rates on savings accounts from 1 July. Since then, several banks such as Keytrade Bank, Triodos, Deutsche Bank, VDK, and more recently KBC and CBC in particular have followed suit.
