Why go for a Savings Account PLUS?
Maybe you've thought about investing your excess cash or starting to put savings aside. The KBC Brussels Savings Account PLUS is an interesting option for businesses that want to generate earnings on their cash reserves but still want to retain immediate access to their money.
Please note that only non-profit organisations, public authorities, government agencies and autonomous entities can open a KBC Brussels Savings Account PLUS. If you're not in this group, KBC Brussels has other types of savings accounts it can offer you. Learn more.
Main features of the Savings Account PLUS
These rates are gross and annualised and may be changed at any time. Current rates are always given here or can be obtained from your KBC Brussels Savings Account PLUS Bank branch. If rates change, we will inform account holders of this on their statements of account.
2. Free savings account
We'll make no charge for opening and managing your savings account. The KBC Brussels Savings Account PLUS is an open-ended product, letting you withdraw your funds any time you want.
3. Withholding tax
All interest that accrues is subject to Belgian withholding tax at a rate of 30% (income year 2020).
- Safe up to 100,000 euros per person: your entire deposits with KBC Brussels Bank up to a maximum of 100 000 euros per person are guaranteed subject to certain conditions.
- Risk for amounts over 100,000 euros: in the event of KBC Brussels'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 Brussels Bank branch, or you can download it at www.kbcbrussels.be/depositprotection.
The KBC Brussels Savings Account PLUS is a regulated, open-ended savings account offered by KBC Brussels Bank NV (Belgium) and governed by Belgian law. Before opening a savings account with us, be sure to read our key information for savers.
Wealth Management Expert for Businesses
- Free analysis
- Comprehensive advice on how to grow your total assets
- Designed exclusively for businesses
Funds with floor-price monitoring
- Ideal for longer-term cash surpluses
- Risks under control
- Professionally managed
Time deposit accounts and term investments
- Safe investment
- Fixed interest rate
- Professionally managed