Our Savings Accounts: Save Securely with Interest
Whether you need a flexible emergency buffer or want to lock your money away for a guaranteed return, we have a savings account that fits your needs. All Quartal savings accounts are fully covered by the government deposit guarantee.
Compare Our Savings Accounts
Savings Account Extra
Our most popular account for emergency buffers and flexible saving.
- Interest rate: 0.50%
- Withdrawals: Free and immediate.
- Best for: Monthly savings and quick access to cash.
Standard Savings Account
A basic account for everyday liquidity.
- Interest rate: Up to 0.10% (depending on balance).
- Withdrawals: Free and immediate.
- Best for: Short term transactions.
Fixed Interest Account
Lock your money for a higher, guaranteed return.
- Interest rate: Between 1.75% and 2.20%.
- Term length: Choose 3 months, 6 months, 1 year, or 2 years.
- Withdrawals: Free, but subject to a 3-day processing delay.
- Best for: One-time deposits of at least 10,000 SEK that you do not need immediate access to. The interest rate remains fixed throughout the entire binding period.
Dedicated Accounts for Forest Owners
Forest Account
Provides a tax deferral of up to 11 years on forestry income. Taxation occurs gradually at the pace you withdraw the money.
Forest Damage Account
Provides a tax deferral of up to 21 years on forestry income generated from specific forest damage events.
Forest Liquidity Account
A dedicated bank account allowing forest owners to strictly separate their business liquidity from private funds.
How Much Should I Keep in a Savings Account?
A savings account is a secure, low-risk form of saving, but it yields lower returns than the stock market. Therefore, it is best suited for money you need within three years or for an emergency buffer.
A good rule of thumb is to keep two to three months’ net salary in a savings account for a single household, and four to five months for families with children. Any excess capital should be invested in funds to protect it from inflation and give it the opportunity to grow long term.
Taxation
You pay a 30% capital tax on the interest you earn in a savings account. Quartal automatically deducts this tax when the interest is paid out and reports it directly to the Swedish Tax Agency. You do not need to declare this manually.
Deposit Guarantee
Your money is safe. All Quartal savings accounts are protected by the Finnish deposit guarantee (up to 100,000 EUR). If the Swedish deposit guarantee (1,150,000 SEK) provides a higher equivalent value, the Swedish guarantee applies to cover the difference.
