The KBC Savings Account PRO is the ideal way to save if you want to build up a relatively safe financial reserve for future contingencies. Unlike some investment products, a savings account gives you immediate access to your money. And savings accounts bear interest up to the day you withdraw your cash.
Why go for a Savings Account PRO?
Please note that non-profit organisations, public authorities, government agencies and autonomous entities cannot open a KBC Savings Account PRO. Instead, KBC offers other types of savings accounts for these clients. Learn more.
Main features of the KBC Savings Account PRO
1. Pay no charges to open or manage your account
The KBC Savings Account PRO is free. So, we won't charge you for opening and managing your savings account, or if you want to make a withdrawal.
2. A base rate of interest plus a fidelity bonus
|Base rate of interest||0.01%|
The rates shown are gross and annualised and can change at any time. Current rates are always given here or can be obtained from your KBC Bank branch. If rates change, we will inform account holders of this on their statements of account.
3. Tax treatment
All interest accruing on a KBC Savings Account PRO is subject to Belgian withholding tax, which is currently (income year 2016) charged at 30%.
Your entire deposits with KBC Bank up to a maximum of 100,000 euros per person are guaranteed subject to certain conditions.
You should be aware that, in the event of KBC's insolvency (e.g., if it goes into bankruptcy), you run the risk of losing any deposits you have over 100,000 euros, or their amount could be reduced or converted into shares.
You can obtain a copy of our ‘Protection of deposits and financial instruments in Belgium’ brochure free of charge from your KBC Bank branch. It is also available at www.kbc.be/depositprotection.
The KBC Savings Account PRO is a regulated, open-ended savings account offered by KBC Bank NV (Belgium) and governed by Belgian law. Before opening a savings account with us, be sure to read our key information for savers.
Time deposit accounts
A time deposit account offers you a fixed rate of interest over the entire term of your investment. You can invest for the short term or the long term. The choice is yours!
If you run a company that's looking for safe investment, a product with a guaranteed minimum return could well be what you want.
Combination of a savings account and a term investment
Ideal for structural cash surpluses which you can go without for a while and which you can access after having given 32 days’ notice.