Make your uninvested cash work for you 

Benefit from changes in market conditions on each currency immediately. Earn interest income on your uninvested cash with no lock-in period or upper limit on amount paid. Your funds will remain available to withdraw or invest, while earning interest on a daily basis. 

You can use the interactive interest calculator to estimate the total interest received on your uninvested cash depending on deposit amount and currency.

The rates shown are indicative and will vary according to your country of residence.

How much interest could I earn?

Loading Information
Sorry, we’re investigating the issue. Please try again later.

Annual interest on

Account tier Interest rateAnnual interest

Rates as of x.xx.xxxx

Contact Saxo for a special offer
For amounts beyond the range shown above, Saxo clients can contact their account manager for an indication of the interest that can be earned.
  • Market rates, updated daily

    Our interest rates are updated daily based on market conditions which means adjustments to central bank policy are reflected immediately.
  • Interest on different currencies

    Deposit in USD or other currencies – interest on uninvested cash will be calculated based on market conditions for each currency. 
  • No upper limits on deposits earning interest

    With Saxo Bank, you earn interest on your total deposit – we don’t impose any upper limits.
  • Use your trading account to earn on deposits

    Stay flexible – uninvested cash in your account can be used invest or withdraw with no lock-in periods.
bg-desktop
Img-breaker

How it works

You earn interest on the uninvested cash on your account in each currency.  

If your total balance does not exceed Level A, no interest will be paid. 

If your total balance is above Level A, you will receive a variable interest rate, scaled proportionally with the deposit amount. The more you deposit, the higher the interest rate applied to your total balance.  

For balance amounts above Level B, you will receive the highest interest rate on the additional balance with no upper limit or lock-in period on the deposit.  

Refer to the calculator at the top of the page to estimate the effective interest rate on your balance depending on total balance and currency.  

Please note that when you trade margin products, your interest is calculated based on your Net Free Equity (NFE) and Account Value which you can read more about in our FAQ.   

Read more about Net Free Equity here.
You can find the interest overview in the platform, including applied interest rates and amounts credited to your account for a selected period. Learn more
If you have a negative net free equity, you pay negative interest based on relevant central bank rates. For more information, click here.
About

As a Saxo client, you have access to a regulated trading environment and your funds are protected by the Financial Guarantee Fund.

About

30+ years

Experience in the industry

1,200,000+

Clients

15+ bn

EUR daily trade volume

110+

Industry awards

Announcement Ribbon

Get started in 5 minutes

Open your Saxo account today

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
2900
Hellerup
Denmark

Contact Saxo

Select region

International
International

Trade responsibly
All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

Apple and the Apple logo are trademarks of Apple Inc, registered in the US and other countries and regions. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.