Easy Saver

When saving becomes easy

Looking for an easy way to save money? And earn interest on your spare cash? Then Easy Saver is the right choice for you.

The money you have in Easy Saver earns you interest of 1.5% per year. Just like that, without any fees or restrictions.
You can always withdraw money for free.
Each time you pay by card, the amount is rounded up to the nearest euro and the difference is credited to your Easy Saver.
You can make regular or one-off contributions to save and grow your money faster.

Savings are already growing? Start investing, you can begin even with 1 EUR.

Learn more

Add savings goal

EUR

Remove savings goal

With Card payment round-up*
30 EUR
With additional payments
0 EUR
Total monthly savings
30EUR
You will reach goal in:
0months

Easy Saver is a flexible and smart deposit, which you can conveniently open and use both in our app and the Internet Bank.

Easy Saver has many advantages.

The money you save also earns money for itself – the Easy Saver interest rate is 1.5% per year. Read more
You can withdraw all or part of the money you have saved at any time. It does not cost anything and you get your money straight away.
Make card payments work for saving. With the option to round up payments, you increase the amount saved with each new card payment.
Sign a standing order or make one-off contributions. A larger amount also earns you more interest.
For each goal, you can open a separate Easy Saver account and add a motivating picture in the app.

Good to know Want money sent by a friend to reach your Easy Saver? In the app, use the ‘Ask for money’ option and select your Easy Saver account when asking for money. This way, the money transferred to you automatically ends up in your Easy Saver.

In order to save money unnoticed next to everyday expenses, turn on saving from card payments. The more you pay by card, the more money you accumulate.

When you open your first Easy Saver, the rounding option is automatically activated. You can turn it off at any time if you wish, or use it with your next Easy Saver. However, card payment collection can only be used with one Easy Saver at a time.
The difference between the purchase amount and the amount rounded to the nearest euro is credited to the Easy Saver account. For example, if you buy something in a shop for 2.35 €, then 0.65 € will be transferred to your Easy Saver. The amount will always be debited from the current account you specified when you opened Easy Saver.
You can use the rounding option with all your bank cards. If you have a credit card, you can also use it for this. If you make a purchase with a credit card, the amount will go to Easy Saver from your designated current account, not from the limit account linked to the credit card. Rounding up card payments also works for Internet shopping.
Payment to the Easy Saver account is made immediately after the purchase is made. Payments made in one day are not aggregated.

Only at Swedbank can you earn 1.5% interest without locking up your money for several months. Easy Saver earns you interest every day, while you can withdraw or add money at any time. Also partially.

How can I earn interest on money in my account?

Open Easy Saver.
Give it a name, for example, Interest collector.
You can even transfer all your money to Easy Saver.
When you need money, just withdraw the amount you need.
This way, you will collect 1.5% interest per year on the amount you have in your Easy Saver.

Easy Saver is the best way to earn interest on the money you have in your everyday account. If the money in your normal bank account is just sitting there, then by transferring money to Easy Saver, you earn 1.5% interest per year. This means that if your Easy Saver holds, for example,1000 € it will automatically earn you an additional 15 € in a year.
You do not have to worry about locking money into a deposit for a long period of time – there is no minimum deposit amount and no fixed deposit deadline for Easy Saver. No other provider in Estonia has a deposit with such conditions.
Interest is calculated on the account balance at the end of each day and paid to you every three months after opening Easy Saver. You can check the accrued interest in the app and in your summary statement.
Interest income is subject to income tax, which we automatically transfer to the Estonian Tax and Customs Board at the time of payout. Withheld tax will also be automatically reflected on your tax return.

Easy Saver can only be opened in euros.
Easy Saver can be used by adults and children aged 6 or over.
The agreement is open-ended and can be terminated at any time without a service fee.
The money can be withdrawn free of charge and you will receive it immediately.

Terms and conditions of the Easy Saver agreement

Currency	EUR
Annual interest rate	1.5

There is no minimum amount for Easy Saver. Interest rate is presented on a basis of accounting year (360 days). Interest is calculated for the actual deposit days.

Saving is the key to your financial sustainability

People with savings are more financially resilient to shocks as unemployment, natural disasters, and unplanned expenses like medical bills or a new rooftop. Being mindful about your consumption may not only reduce your impact on environment but also help you save more.

Set specific saving goals, e.g. safety pillow, vacation, new laptop, etc. This will help monitor progress and assign meaning to saving habits.
Save small amounts routinely to increase your savings. Have at least 3 months of your expenses saved to ensure you can overcome any unexpected challenges.
Save money by choosing products that will last longer. Evaluate the cost per use of each product and choose your purchases wisely.

Saving becomes a habit for many people. Join them and build your financial sustainability.

8 out of 10 Estonians say they recently started saving more on daily basis. Swedbank survey, 2020.

Save instead of wasting

People throw away 20% of food and 43% of clothes they have purchased every year. See how much money you could potentially save if you only consumed as much as you needed.

Monthly spendings

Potential monthly savings

Waste on food (20%)
0EUR
Waste on clothing (43%)
0EUR
You could save
0EUR

Based on European Environment Agency.

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