KBC, KBC Brussels and CBC will adapt interest rates on regulated savings accounts as of 1 February 2025.

For Saving Accounts, ​ Saving Accounts for Third Parties, Security Deposits Saving Accounts and Security Deposits Saving Accounts (accumulation) the interest rate changes as follows:

• the base rate of interest decreases from 0,45% to 0,40%
• the fidelity bonus decreases from 0,45% to 0,40%

The interest rate for the other regulated savings accounts remains unchanged.

For deposits made before 1 February 2025, the current fidelity bonus will continue to apply. The new fidelity bonus as from 1 February 2025 will apply to new deposits and to existing savings as soon the new fidelity period starts. ​ The fidelity bonus is acquired only for amounts that remain on the regulated savings account for 12 consecutive full months after deposit.

The interest rates are gross rates (expressed on an annual basis) and may change at any time. Current rates are available on the website and in the branches of KBC, KBC Brussels and CBC. ​ If the interest rate change, we will inform customers by post or via digital channels.

Savings start earning interests at the base rate on the first calendar day following the transaction date an cease to earn interest from the calendar day of the withdrawal. Interest at base rate is paid into the account once a year with value date 1 January or when the account is stopped.

Fidelity bonus is granted for all amounts that remain on the savings account for 12 consecutive full months from the calendar day following the deposit or from the acquisition date of the previous fidelity bonus. After acquiring a fidelity bonus, a new 12-month calculation period starts each time. The fidelity bonus is payable at the interest rate valid on the day the calculation period starts. This interest rate is fixed and remains unchanged for the entire 12-month calculation period. Each year on 1 January, 1 April, 1 July and 1 October, the fidelity bonus acquired in the previous quarter is paid into the account. Even when the account is discontinued, the acquired fidelity bonus is deposited.

Saving Accounts, ​ Saving Accounts for Third Parties, Security Deposits Saving Accounts and Security Deposits Saving Accounts (accumulation) ​ of KBC, KBC Brussels and CBC are regulated savings accounts of category A. They are classic savings accounts with no additional conditions. They are also open-ended savings accounts.

The third-party beneficiary contract ​ linked to the Third Party Savings Account is for a fixed term, the customer has full say as to when the money can be released to the beneficiary. The rent guarantee contract attached to the Security Deposits Saving Account or the Security Deposits Saving Account (accumulation) runs until the account is closed. All these savings accounts are governed by Belgian law.

Withholding tax and costs

For individuals residing in Belgium, the first 1050 euro of interest earned each year (income 2025) is exempt from withholding tax, which is currently 15%. For married couples and legal cohabitants, there is an exemption up to 2100 euro per year (income year 2025) on a joint account.

There are no charges for opening and managing a savings account. Receiving printed account statements by post costs 2.50 euro a month, 25.00 euro a month if sent daily.

Risks

Insolvency risk:

A maximum of 100 000 euro of aggregate deposits held with KBC Bank (including KBC Brussels) are guaranteed per person, subject to certain conditions. In the event of KBC’s insolvency (e.g., if it goes into bankruptcy), customers run the risk of losing any deposits they have over 100 000 euro, or that amount could be reduced or converted into shares.

A maximum of 100 000 euro of aggregate deposits held with CBC Banque are guaranteed per person, subject to certain conditions. In the event of CBC’s insolvency (e.g., if it goes into bankruptcy), customers run the risk of losing any deposits they have over 100 000 euro, or that amount could be reduced or converted into shares.

Inflation risk:

These savings accounts also have inflation risk, as sustained price increases can result in the amount deposited losing value.

Complaints

Customers can submit any complaints they may have by e-mail to complaints@kbc.be or gestiondesplaintes@cbc.be . If the complaint is not resolved through these means, the customer can appeal to the Ombudsman in Financial Disputes (www.ombfin.be).

Customers should read our key information for savers before opening a savings account.

Key information for savers :