bunq adds term deposits and crypto tools to boost savings

By Vriti Gothi

Amsterdam-based neobank bunq has introduced high-interest term deposits alongside new automated crypto investing and alert features, signalling a continued push to blend traditional savings with digital asset tools under a single regulated platform.

Announced at the company’s bunq Update 30 event in Amsterdam on 17 December, the new Term Deposits product allows users to lock in funds for fixed periods in exchange for guaranteed returns. bunq is offering interest rates of 1.76% for three months, 1.86% for six months, 2.11% for 12 months, and 1.91% for 24 months.

The move comes as European consumers reassess savings options amid a prolonged period of higher interest rates and growing scrutiny of low-yield deposit accounts at incumbent banks. By expanding into fixed-term savings, bunq is targeting users seeking predictable returns without moving funds outside their primary banking app, while also positioning itself more directly against traditional retail banks.

Alongside term deposits, bunq expanded its Auto Round Up feature to include crypto investing. The functionality rounds card purchases up to the nearest euro, automatically allocating the spare change into selected cryptocurrencies. The neobank also introduced real-time crypto price alerts, notifying users when tracked assets move more than 5% within 24 hours, reach new all-time highs, or cross predefined price milestones.

Together, the updates reflect a broader strategy among digital banks to deepen customer engagement by combining everyday banking, long-term savings, and digital asset exposure within a single interface. As competition intensifies across Europe’s neobanking sector, such integrated offerings are increasingly seen as a way to retain deposits and remain relevant to digitally native customers.

“At bunq, we make it easy to grow your wealth in a way that’s both safe and secure,” said Joe Wilson, bunq Chief Evangelist. “We give our users an easy-to-use, regulated environment where savings and crypto live side-by-side, so they can take control of their money and shape the future they want.”

bunq is Europe’s second-largest neobank by user base and has steadily expanded its product suite beyond current accounts, focusing on automation, transparency, and cross-border usability. The latest launch underscores how digital banks are responding to shifting consumer expectations around both returns and access to alternative asset classes, while operating within established regulatory frameworks.