Compare Savings Accounts in Italy

Live offers across tracked providers in Italy — updated daily from the Giraffy database.

Live offers

19 live offers compared from 19 providers, from €1.50 % lordo p.a.. Updated daily.

Intesa Sanpaolo Conto Deposito Intesa Sanpaolo

€1.50 % lordo p.a.

  • Tasso di interesse: 1,50% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – €100.000 FITD

BNL Conto Deposito BNL

€1.75 % lordo p.a.

  • Tasso di interesse: 1,75% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – €100.000 FITD

BPER Conto Deposito BPER Banca

€2 % lordo p.a.

  • Tasso di interesse: 2,00% lordo p.a.
  • Deposito minimo: da €500
  • Tutela del deposito: Sì – €100.000 FITD

UniCredit Conto Deposito UniCredit

€2 % lordo p.a.

  • Tasso di interesse: 2,00% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – €100.000 FITD

Banco BPM Conto Deposito Banco BPM

€2.25 % lordo p.a.

  • Tasso di interesse: 2,25% lordo annuo
  • Deposito minimo: da €500
  • Tutela del deposito: Sì – €100.000 FITD

Banca Sella Conto Deposito Banca Sella

€2.50 % lordo p.a.

  • Tasso di interesse: 2,50% lordo p.a.
  • Deposito minimo: da €500
  • Tutela del deposito: Sì – €100.000 FITD

Libretto Postale Smart Poste Italiane

€2.50 % lordo p.a.

  • Tasso di interesse: 2,50% lordo p.a.
  • Deposito minimo: da €0
  • Tutela del deposito: Sì – Garanzia Stato

Mediolanum Conto Deposito Banca Mediolanum

€2.75 % lordo p.a.

  • Tasso di interesse: 2,75% lordo p.a.
  • Deposito minimo: da €500
  • Tutela del deposito: Sì – €100.000 FITD

Widiba Conto Deposito Widiba

€3 % lordo p.a.

  • Tasso di interesse: 3,00% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – €100.000 FITD

AideXa Conto Deposito AideXa Bank

€3.25 % lordo p.a.

  • Tasso di interesse: 3,25% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – €100.000 FITD

Conto Deposito Fineco Fineco Bank

3.50% AER

Deposito flessibile o a termine fisso presso una delle principali banche online italiane.

  • Tasso di interesse: 3,5% AER
  • Deposito minimo: 5.000 euro
  • Tutela del deposito: €100.000 FITD

N26 Conto Risparmio N26

€3.50 % lordo p.a.

  • Tasso di interesse: 3,50% lordo p.a.
  • Deposito minimo: da €0
  • Tutela del deposito: Sì – €100.000 (Banca Sella)

Trade Republic Conto di Risparmio Trade Republic

€3.75 % lordo p.a.

  • Tasso di interesse: 3,75% lordo p.a.
  • Deposito minimo: da €0
  • Tutela del deposito: Sì – €100.000 FITD DE

Conto Deposito Credem Credem

3.80% AER

Conto di risparmio di Credem con opzioni flessibili e a tasso fisso.

  • Tasso di interesse: 3,8% AER
  • Deposito minimo: €1.000
  • Tutela del deposito: €100.000 FITD

Conto Arancio ING

4% AER

Conto di risparmio flessibile senza deposito minimo e con protezione FITD completa.

  • Tasso di interesse: Tasso annuo effettivo globale (TAEG) del 4,0% (promozione di 12 mesi)
  • Deposito minimo: Nessun minimo
  • Tutela del deposito: €100.000 FITD

Raisin Depositi Raisin

€4 % lordo p.a.

  • Tasso di interesse: 4,00% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – Socio FITD € 100.000

Banca Progetto Conto Deposito Banca Progetto

€4.25 % lordo p.a.

  • Tasso di interesse: 4,25% lordo p.a.
  • Deposito minimo: da €5.000
  • Tutela del deposito: Sì – €100.000 FITD

Banca Ifis Rendimax Banca Ifis

€4.50 % lordo p.a.

  • Tasso di interesse: 4,50% lordo p.a.
  • Deposito minimo: da €1.000
  • Tutela del deposito: Sì – €100.000 FITD

deposito illimitato illimity Bank

4.80% AER

Banca di risparmio digitale con tassi di interesse fissi superiori alla media.

  • Tasso di interesse: 4,8% AER (12 mesi)
  • Deposito minimo: 5.000 euro
  • Tutela del deposito: €100.000 FITD

What are Savings Accounts in Italy?

In Italy a savings account is most often a conto deposito, a dedicated account that pays interest on cash you set aside, kept separate from your everyday current account. It comes in two forms: the conto deposito libero, where funds stay accessible and earn a variable rate, and the conto deposito vincolato, where you lock the money for a fixed term in exchange for a higher rate.

Savings accounts are the mainstream way Italian households earn a return on liquidity without market risk, and rates have become competitive again as banks compete for deposits.

How the Italian market works

The most attractive rates usually come from digital-first and challenger banks rather than the large branch networks. illimity Bank, AideXa Bank and Banca Progetto have built their propositions around competitive deposit rates, while Fineco Bank, Credem, ING, Banco BPM and BNL offer savings products bundled with broader banking relationships.

Rates are quoted lordo (gross) and netto (net). Interest is subject to a 26% withholding tax, so a 4.0% gross rate translates to roughly 2.96% net. Comparing net figures is essential when weighing offers.

Key features

Conto deposito libero — flexible access to your money with a variable rate, ideal for an emergency fund.

Conto deposito vincolato — higher fixed rate in return for locking funds for a set period.

Promotional new-money rates — top rates often apply only to fresh deposits not previously held at the bank.

FITD protection — balances covered up to €100,000 per depositor per bank.

How to choose

Decide first whether you need access. For a rainy-day buffer, a libero account keeps liquidity; for money you won't touch, a vincolato term pays more. Always compare net rates after the 26% tax, check whether the headline rate is promotional and time-limited, and confirm the bank is covered by FITD. Spreading balances above €100,000 across banks preserves full protection.

Leading providers in Italy

illimity Bank — a digital bank consistently among the top deposit-rate payers.

Fineco Bank — a leading online bank pairing savings with investing.

AideXa Bank and Banca Progetto — challengers offering competitive conto deposito rates.

Credem, ING, Banco BPM and BNL — established banks with savings options alongside full-service accounts.

What it costs

Interest rates currently range roughly from 1.5% up to around 4.8% gross depending on the bank and lock-in term. Two costs eat into returns: the 26% withholding tax on interest, and the imposta di bollo, a fixed €34.20 per year stamp duty applied to deposit accounts (charged on conto deposito regardless of balance). Some banks reimburse the bollo as a promotion, so check the terms.

Protections and regulation

Deposit-taking banks in Italy are authorised and supervised by Banca d'Italia within the European framework. Deposits are protected by the Fondo Interbancario di Tutela dei Depositi (FITD), which guarantees up to €100,000 per depositor per bank should the institution fail. This makes savings accounts one of the lowest-risk homes for cash, provided you stay within the limit at each bank.

Common questions

Is the advertised rate what I actually earn? No — subtract the 26% tax on interest to get your net return.

What is the imposta di bollo? A fixed €34.20 annual stamp duty on deposit accounts, separate from the tax on interest.

Are my savings safe? Yes, up to €100,000 per bank under FITD; split larger sums across banks to keep full cover.

The cheapest Savings Accounts in Italy is €1.50 % lordo p.a. from Intesa Sanpaolo.

Savings Accounts in Italy — FAQ

What is the highest savings rate in Italy right now?

Giraffy tracks 5 savings accounts across Intesa Sanpaolo,BNL,BPER Banca,UniCredit,Banco BPM providers in Italy. The highest tracked rate on Giraffy is currently €1.50 % lordo p.a.. Sort by highest rate and filter by account type (easy access vs. fixed) to find the best deal for your timeline.

Is my money safe in a savings account?

Yes — the FITD (Fondo Interbancario di Tutela dei Depositi) protects up to €100,000. Always confirm your institution is Banca d'Italia-regulated before depositing. If your balance exceeds the protection limit, spread funds across multiple separately-licensed banks.

What does p.a. mean on a savings account?

p.a. (per annum) is the standardised rate that accounts for how often interest is compounded over a year. It's the fairest number to compare across accounts — always compare like-for-like using p.a. rather than the gross or monthly rate.

What is the difference between easy access and fixed-rate savings?

Easy access accounts let you withdraw your money at any time — rates are variable and may change. Fixed-rate bonds or term deposits lock your money away for a set period (usually 1–5 years) at a guaranteed rate, which is typically higher. Choose fixed if you don't need the funds before the term ends.

Do I pay tax on savings interest?

Tax on savings interest varies by country and income level. Check your country's tax authority guidance or speak to a financial adviser if your interest income is significant.

Can I open multiple savings accounts at different banks?

Yes — and it can be a smart strategy. Spreading savings across banks maximises your deposit protection (€100,000 under the FITD per institution) and lets you earn the best rate at each bank. Just keep track of all accounts to avoid losing money to dormancy fees.

How quickly can I access my money in an easy access savings account?

Most easy access accounts transfer funds to a linked current account within one working day, and many process withdrawals the same day. Some accounts restrict the number of free withdrawals per month — check the terms before you open one if flexibility matters to you.