Are There Any EUR Accounts for Australians That Earn Interest?

XJX on 15/08/2022 - 11:48

Services such as Wise and Citi Global don't offer interest for EUR balances, and HSBC has 0.01% interest which is basically 0%.

Are there any services you know of that offer a normal interest rate for those who want to store their EUR balance?

Comments

bobbified on 15/08/2022 - 12:02

0.01% interest which is basically 0%.

People with huge mortgages might disagree with you! haha
djsweet on 15/08/2022 - 12:05

Lol I’d rather 0 than 0.01%. One less thing to report in the tax return.
thedeep on 15/08/2022 - 12:32

You are aware that the current official ECB rate for their Deposit facility is still 0% … (see https://www.ecb.europa.eu/stats/policy_and_exchange_rates/ke…)
KaTst3R on 15/08/2022 - 13:44

If you deposit foreign currency, it follows the deposit rate from that area. You are not gonna get Aussie deposit rate for EUR.