Boost Savings Account (Cat. B)* from BNP Paribas Fortis

What interest do you receive?

The interest rate on the Boost Savings Account consists of a gross basic rate and a gross loyalty bonus. Currently, the basic rate is set at 1.40% and the loyalty bonus at 1.50% (gross annual percentages).

These percentages may vary depending on market conditions. We will notify you of any changes via the first account statement following the change. A savings account can never have a negative balance, so you will never pay debit interest.

Basic rate

The basic rate is the rate you receive for all amounts you deposit into your Boost Savings Account. Your money earns interest every day it is on your account (starting from the next calendar day after the deposit). You receive your basic rate on 1 January of each year or when your account is closed.

Loyalty bonus

You receive a loyalty bonus on all deposits that remain in your Boost Savings Account for 12 consecutive months. Any loyalty bonuses you receive then generate interest in turn. A loyalty bonus is paid on the first day following the end of the quarter in which it vested (1 January, 1 April, 1 July or 1 October, or when the account is closed).

The loyalty bonus may fluctuate but is guaranteed for the entire vesting period. To give a practical example, if you deposit €100 into your Boost Savings Account on 10 January 2026, then 12 months later, on 11 January 2027, you will receive the loyalty bonus that was applicable on 10 January 2026, whether or not the loyalty bonus has been changed in the meantime.

Note: If you withdraw all or part of your money before the 12-month term expires, you will forfeit the loyalty bonus for the withdrawn amount.

If the bank modifies the loyalty bonus rate after a deposit is made, the applicable bonus will be calculated based on the rate in effect at the time of that deposit.

How much does the Boost Savings Account cost?

There are no opening, closing or management fees on the Boost Savings Account, although some postage fees may apply. A savings account is opened for an indefinite period of time. If the balance of the Boost Savings Account is less than €25 and no withdrawals or deposits have been made for 10 years, a fee of €2.50 will be charged each year. However, this will only happen if the account holder is 24 years old or older and has no other accounts with BNP Paribas Fortis.

What taxes do you pay?

The bank does not deduct any professional withholding tax from the interest on your regulated savings account, provided that the interest doesn’t exceed the annual tax-free amount of €1,020 (for interest income in 2025 until 2029). For a savings account opened in the name of two married/cohabiting individuals, the bank doesn’t deduct any professional withholding tax, provided that the interest does not exceed twice that amount, i.e. €2,040 (for interest income in 2025 until 2029). This tax regime is applicable to individual clients who are Belgian residents.

If you’re resident in Belgium for tax purposes, you must check each year the total amount of interest you receive on regulated savings accounts based on your assets/marital regime (as well as accounts legally controlled by you on behalf of children under 18) and from which banks have not deducted any professional withholding tax. If that total exceeds the annual tax-free amount of €1,020 per taxpayer (assuming tax residence for the entire income year), you must declare the amount of interest above that level in your personal income tax return. The non-exempt portion of your interest is subject to a 15% professional withholding tax.

Risks associated with the Boost Savings Account

• Insolvency risk

Funds deposited in a BNP Paribas Fortis savings account are covered by the deposit protection scheme up to a maximum of €100,000 per person. In the event of bank insolvency or risk of insolvency, the saver bears the risk that any claims exceeding €100,000 may be converted into shares (‘bail-in’) or partially/fully lost. Further details are available in the Deposit Protection Information Sheet.

• Inflation risk

Persistent price increases may erode the value of deposited funds.

Want to know more?

Want to know more about the Boost Savings Account? We recommend that you read the ‘Essential Information for Savers’ document before opening a Boost Savings Account.

• Essential information for savers
• Scale of fees
• Boost Savings Account – Pre-contractual information
• Boost Savings Account – Special terms and conditions
• Deposit Protection Information Sheet

Legal information

The Boost Savings Account is a regulated savings account under Belgian law, marketed by BNP Paribas Fortis, belonging to category B (accounts subject to a maximum balance) according to the new classification defined by the Belgian federal government and the banking sector.

Intermediary: BNP Paribas Fortis SA/NV – Montagne du Parc 3, B-1000 Brussels – Brussels Register of Legal Entities – VAT BE 0403.199.702 – is registered under this number with the FSMA, rue du Congrès 12-14, 1000 Bruxelles, and acts as a tied insurance agent, remunerated by commissions, for AG Insurance sa/nv. BNP Paribas Fortis SA holds a stake of more than 10% in AG Insurance sa/nv.

Complaints

Any complaint about our products or services should be sent by post to BNP Paribas Fortis SA – Complaints Department – Montagne du Parc 3, 1000 Brussels or by email to gestiondesplaintes@bnpparibasfortis.com.

If you are not satisfied with the bank’s proposed solution, you can submit a complaint to Ombudsfin (Mediation Service on Financial Matters). To file your complaint and ensure efficient handling, please use the form available on the website: Ombudsfin - Introduce a complaint. Email (only if you encounter issues with the online form): ombudsman@ombudsfin.be.

Not yet a BNP Paribas Fortis customer?

No problem. You don’t need to have a payment account with BNP Paribas Fortis to open a Boost Savings Account. Simply visit one of our branches or your local post office.

Don't lose your loyalty bonuses!

When you transfer an amount from a regulated savings account directly to another regulated savings account, the transferred amount immediately attracts interest at the basic rate of the savings account into which you deposit the money.

But did you know that any loyalty bonuses that are still vesting in relation to the transferred amount will continue to vest if the following conditions are met?

• Direct transfer (without passing through a current account) between two regulated savings accounts held with BNP Paribas Fortis in the name of the same owner(s).
• Transferred amount of at least €500.
• The transfer does not result from a standing order.
• The owner(s) have not already made three of these transfers from the same savings account in the same calendar year.

If all these conditions are met, the vesting period of any loyalty bonus that’s still vesting will be transferred to the new savings account and will continue at the rate offered on the latter account for the remainder of the vesting period. At the end of the 12-month vesting period, the loyalty bonus will be calculated based on the loyalty bonus rates of the original savings account and the destination savings account, in proportion to the amount of time the money stayed in each of the two accounts.

If any of the above conditions is not met or if the transfer passes through a current account, the loyalty bonus in progress will be lost. A new 12-month vesting period will start on the date of the deposit.