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High-Interest Account

A high-interest account offers better interest rates and is a safe choice for those who want to save without taking on significant risk.

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What is a high-interest account and is it right for you?

A high-interest account is a savings account that offers better interest rates than a standard savings account. Because a high-interest account offers better interest rates, it also comes with certain restrictions. These restrictions may include a fixed-rate period, a limited number of withdrawals, or a requirement to save for a specific purpose.

A high-interest account is suitable for you if you are saving short-term and want peace of mind. The risk is low because your money is safely deposited in the bank.

You receive a better interest rate than with a standard savings account. How much better the interest rate is varies depending on which high-interest account you choose.

DNB Ung (Young Adults) Skikk og Bank

Home Savings Scheme for Young Adults

The BSU home savings scheme for young people is the best way to save if you are under 34 years old and saving for a home.With the BSU home savings scheme for young people, you receive our best interest rate. You must be under 34 years old, and the funds are locked for home purchase, mortgage repayment or home improvement.

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Fixed-term deposit

With a fixed-term deposit, you receive a higher interest rate by locking in your funds for an agreed period. You decide the time period yourself. You can choose to lock in for periods of three, six, 12 or 24 months.

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Children's Savings Account

The Children's Savings Account is a savings account for children, where you as a parent have the right to operate the account. You receive a favourable interest rate on the entire balance and have no restrictions on withdrawals or maximum limits on amounts. Secure your children's financial future by saving in the Children's Savings Account.

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Savings Account Plus

Savings Account Plus is the savings account that gives you a better interest rate when you have NOK 100 000 or more to deposit. Here you have your money in a savings account with a higher interest rate, without a fixed-rate period and with 12 free withdrawals per year.

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Fixed-income fund

Fixed-income funds are funds that invest in fixed-income securities such as bonds and commercial paper. Here you can choose short-term savings in money market funds or long-term savings in bond funds.

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Boligspar Ekstra

If you are under 34 years old, you can save up to NOK 300 000 in Boligspar Ekstra, and the funds will not be tied to housing purposes until the end of the year. You can open Boligspar Ekstra independently of the ordinary BSU home savings scheme for young people, but we recommend that you fill up your BSU account before opening Boligspar Ekstra.

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Frequently asked questions and answers

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Save money automatically

Set up an automatic savings scheme connected to your savings account. It’s most common to set up a scheme that involves monthly transfers between accounts, usually on payday. When the money is deducted automatically, you hardly notice that you’re saving. A savings scheme is a safe choice offering a predictable return, and it’s easy to set up.

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