Make uninvested cash work for you

Make uninvested cash work for you

Whether you prefer USD, PLN, CZK or any of 20+ local currencies, with Saxo Bank, you can earn interest on your uninvested cash with no upper limits.

  • Market rates, updated daily

    Our interest rates are updated daily, based on market conditions, so you don’t have to wait for new rates announcements.
  • Interest on different currencies

    Deposit in USD or your choice of local currencies – you’ll earn interest on uninvested cash, whichever currency you prefer.
  • 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 for both trading and earning interest.

Interest rates p.a.

Swipe left or right for more
CurrencySaxo bid rateVIP clients
(no threshold)
Platinum clients
(no threshold)
Classic clients
(Threshold USD 50.000)*

Interest rates shown above are indicative and are updated monthly (last update 9.2.2023). Full terms and conditions for interest on deposits can be found here
To find which account tier you’re in, click here. For more information about our client tiers (Classic, Platinum, VIP), please click here.
*Interest rate will apply on the full amount once threshold has been exceeded.

These rates are applicable for the following countries:
Czech Republic, Poland, Slovakia, Cyprus, Latvia, Bulgaria, Croatia, Estonia, Greece, Hungary, Lithuania, Romania, Slovenia, Albania, Armenia, Azerbaijan, Georgia, Israel, Macedonia, Moldova, Montenegro, Kazakhstan, Serbia, Tajikistan, Ukraine, Uzbekistan.

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How it works

We apply the interest rate on the free deposits in your accounts, which we define based on a concept called ‘Net Free Equity’. Generally, that means the value-dated cash balance on your trading account, but it depends on whether you have sub-accounts in the same currency and/or open positions in margin products.

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.

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


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Experience in the industry



20+ bn

USD daily trade volume


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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

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