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Belfius review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Belfius runs a Belgian bank with a free everyday account and an easy-access savings account, and deposits carry EU DGS up to EUR 100,000. It suits people in Belgium who want everyday banking and instant access to savings under one roof rather than a fixed-term deal.

Key facts

Best for
Free everyday banking with an easy-access savings account at one Belgian bank.
Monthly fee
€0↗
Deposit protection
EU DGS up to EUR 100,000↗
Legal entity
Belfius Bank↗
Headquarters
Belgium↗
Founded
1996↗
Support channels
Chat, Phone, Help-centre↗
Pricing model
No monthly fee
Features
Free ATM withdrawals
Official website
belfius.be

Savings

Headline rate
0.6%↗
Rate type
Variable↗
Access terms
Regulated savings account of indefinite duration under Belgian law, withdrawable; loyalty premium only after 12 months uninterrupted↗
Account kind
Easy access↗

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedInX

Pros and cons

Pros

  • Everyday account includes free ATM withdrawals, part of the free atm listed.
  • Deposits are covered by EU DGS up to EUR 100,000.
  • Savings are easy access, so money comes out whenever it is needed.
  • Help is available by chat, phone and help centre.

Cons

  • The savings rate of 0.6% is variable and sits under the 3% site median.
  • Support runs on chat, phone and help centre only, with no branch or email channel listed.
  • The loyalty premium counts only after a full year of uninterrupted saving, on top of a variable rate of 0.6%.
Belfius

Ready to try Belfius?

Scored 9.2 / 10 by VaultCue.

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Who it suits

  • Belgian households wanting everyday banking and savings in one place at a €0 monthly fee.
  • Savers who put EU DGS up to EUR 100,000 above chasing the highest rate.
  • People who want everyday help by chat, phone and help centre.

Who should look elsewhere

  • Wise, if a fee structure built around currency exchange matters more to you than EU DGS up to EUR 100,000.
  • Starling, if you bank in the UK and want a £0 monthly fee with a UK-focused account.
  • Varo, if you would rather hold a card-first account priced at a $0 monthly fee.

Rates and terms

The savings account runs at 0.6% and the rate is variable, so it moves with the market rather than being locked in. Access is easy: the account is of indefinite duration under Belgian law and money can be taken out whenever you want. The catch is the loyalty premium, which only starts counting after a full year of uninterrupted saving.

Who runs it

The account is run by Belfius Bank, which is headquartered in Belgium and has been a bank since 1996. It is a Belgian institution rather than an app start-up, so the account is shaped around Belgian saving habits. Help is available by chat, phone and help centre, which covers most questions without a visit.

How Belfius compares

Where Belfius is available

Available
Belgium

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What is the monthly fee on the Belfius everyday account?+

The everyday payment account carries a monthly fee of €0, and the account is built around free ATM withdrawals, listed under free atm. That makes everyday banking cost-free, in line with the €0 site median, and the savings side is separate.

Is my money protected at Belfius?+

Yes, through the EU deposit guarantee scheme: protection runs to EU DGS up to EUR 100,000. The cover applies to deposits held with the bank rather than to investments, and it matters most for anyone holding a larger cash balance in a Belgian account.

Can I withdraw from the savings account whenever I want?+

Yes. The savings account is easy access: of indefinite duration under Belgian law and withdrawable on demand. The only condition attached is the loyalty premium, which counts after a full year of uninterrupted saving rather than limiting access to your money.

What interest does Belfius pay on savings?+

The savings rate is 0.6% and it is variable, which means it can move in either direction rather than being fixed at open. For context, the site median headline rate is 3%.

Who is Belfius aimed at?+

Belgian customers. Belfius Bank is a Belgian bank, headquartered in Belgium, and it has operated since 1996. The pairing of a €0 monthly fee with free ATM withdrawals suits people who bank locally in euro rather than those chasing the highest savings rate.

How do I get help if something goes wrong?+

Support runs on chat, phone and help centre, so a call or a chat covers most questions and a help centre handles the rest. It is a bank with roots in BE going back to 1996, so local support matters more here than instant messaging alone.

How does Belfius compare with Wise or Varo on fees?+

All three charge nothing monthly: €0 for Belfius, £0 for Wise and $0 for Varo. The difference sits behind the fee: Belfius pairs euro banking in Belgium with deposit protection at EU DGS up to EUR 100,000, while the others lean on card and currency use.

Does the loyalty premium change what I earn?+

It rewards staying rather than switching. The premium applies only after a full year of uninterrupted saving, on top of the 0.6% base rate, so a saver who dips in and out receives the standard rate alone. That makes the account more rewarding the longer the money is left undisturbed.

Sources

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Currency conversion fee, Currencies.

Belfius

Belfius

Free everyday banking with an easy-access savings account at one Belgian bank.

9.2/10See alternatives