CTBC Bank Savings Account CTBC Bank
0.80% AER
- Interest Rate: 0.80% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
Compare Savings Accounts in Taiwan
Savings accounts in Taiwan are tracked across high-street banks, building societies and digital challengers, with all eligible deposits protected by the Central Deposit Insurance Corporation up to NT$3,000,000. Compare introductory bonus rate expiry dates carefully — many top-rate accounts revert to a lower standard rate after 12 months, and the switch requires action to retain the rate.
17 live savings accounts offers tracked across 13 Taiwanese providers, with rates from 0.80% AER. Data current as of 23 October 2026 and updated daily from the Giraffy database.
Live offers
17 live offers compared from 13 providers, from 0.80% AER. Updated daily.
E.Sun Bank Savings Account E.Sun Bank
0.80% AER
- Interest Rate: 0.80% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
Cathay United Savings Account Cathay United Bank
0.80% AER
- Interest Rate: 0.80% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
Taishin Bank Savings Taishin Bank
0.80% AER
- Interest Rate: 0.80% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
First Bank Savings Account First Bank
0.85% AER
- Interest Rate: 0.85% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
Mega Bank Savings Account Mega Bank
0.85% AER
- Interest Rate: 0.85% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
Bank of Taiwan Savings Account Bank of Taiwan
0.88% AER
- Interest Rate: 0.88% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/ATM
- Balance Limits: Min TWD 1,000
Fubon Bank Savings Account Fubon Bank Taiwan
0.88% AER
- Interest Rate: 0.88% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/App
- Balance Limits: Min TWD 1,000
Land Bank Savings Account Land Bank of Taiwan
0.88% AER
- Interest Rate: 0.88% p.a.
- Account Type: Regular Savings
- Access / Term: Branch/ATM
- Balance Limits: Min TWD 1,000
O-Bank Savings Account O-Bank
1.20% AER
- Interest Rate: 1.2% p.a.
- Account Type: Digital Savings
- Access / Term: App Only
- Balance Limits: Min TWD 1,000
LINE Bank Taiwan Savings LINE Bank Taiwan
1.50% AER
- Interest Rate: 1.5% p.a.
- Account Type: Digital Savings
- Access / Term: App Only
- Balance Limits: Min TWD 1
Taishin Richart Savings Taishin Richart
1.50% AER
- Interest Rate: 1.5% p.a.
- Account Type: Digital Savings
- Access / Term: App Only
- Balance Limits: Min TWD 1
CTBC Time Deposit CTBC Bank
1.75% AER
- Interest Rate: 1.75% p.a.
- Account Type: 1-Year Time Deposit
- Access / Term: Fixed Term
- Balance Limits: Min TWD 100,000
Bank of Taiwan Time Deposit 1yr Bank of Taiwan
1.80% AER
- Interest Rate: 1.80% p.a.
- Account Type: 1-Year Time Deposit
- Access / Term: Fixed Term
- Balance Limits: Min TWD 100,000
Next Bank Taiwan Savings Next Bank
2% AER
- Interest Rate: 2.0% p.a.
- Account Type: Digital Savings
- Access / Term: App Only
- Balance Limits: Min TWD 1
Taishin Richart Taishin Richart
3.50% AER
- Interest Rate: 3.5% (with conditions)
- Account Type: Digital account
- Access / Term: Instant access
- Balance Limits: Boosted cap ~NT$100,000
O-Bank Digital Account O-Bank
8.80% AER
- Interest Rate: 8.8% new / 2.1% existing
- Account Type: Digital account
- Access / Term: Instant access
- Balance Limits: See o-bank.com
What are savings accounts in Taiwan?
A savings account in Taiwan holds instant-access cash while earning interest, sitting between a plain demand account and a locked time deposit. Digital-first banks and challenger brands have transformed the segment by offering high tiered interest on balances up to a cap, far above the traditional demand rate. These high-yield accounts, often app-only, have drawn younger savers who want liquidity plus return. Both NT dollar and foreign-currency savings options are available.
How the Taiwan market works
Traditional demand-deposit interest is minimal, so competition centres on promotional high-interest accounts that pay a headline rate on balances up to a ceiling, above which the rate drops to standard. Providers like O-Bank and Taishin's Richart popularised this model, and digital banks followed. Some accounts require conditions, salary deposit, card spend or transaction counts, to earn the top rate. Foreign-currency savings accounts let holders earn on USD balances, subject to exchange-rate risk.
Benefits
High tiered interest — Promotional rates pay well above standard demand accounts on balances up to a cap.
Instant access — Unlike time deposits, funds stay liquid and withdrawable at any time.
Digital convenience — App-based accounts open quickly and manage everything by phone.
No lock-in — Earn a competitive rate without committing to a fixed term.
Deposit protection — Balances, including at digital banks, are CDIC-insured up to NT$3 million, so higher returns come without added risk to principal.
How to choose
Focus on the balance cap for the headline rate, since the top rate usually applies only up to a limit, and check any conditions like salary deposit or minimum card spend. Compare the standard rate on balances above the cap, and confirm whether the promotional rate is permanent or time-limited. If you hold more than the cap, consider splitting funds across accounts or into a time deposit. Check app usability and any withdrawal or transfer fees.
Leading providers in Taiwan
O-Bank and Taishin's Richart are pioneers of high-yield digital savings, while the Bank of Taiwan, CTBC Bank, E.Sun Bank, Cathay United Bank, First Bank and Fubon Bank Taiwan all offer competitive savings and promotional new-money rates. Digital banks such as LINE Bank and Next Bank add app-first high-interest accounts, intensifying competition for savers' balances.
What it costs
Savings accounts pay you rather than charge a fee; headline rates in this comparison range from about 0.8% up to 8.8% on promotional tiers, though the highest rates apply only to small balances up to a cap and often require conditions. Standard rates above the cap are far lower. Watch for interbank transfer fees beyond any free monthly quota as the main incidental cost.
Protections and regulation
Savings accounts are supervised by the Financial Supervisory Commission (FSC) and covered by CDIC deposit insurance up to NT$3 million per depositor per bank, including at digital banks. Foreign-currency balances fall within the same limit converted to NT dollars but carry exchange-rate risk. Promotional rate terms and conditions must be clearly disclosed, and digital banks operate under the same deposit rules as branch banks.
Common questions
Why is the high rate capped? Promotional rates apply only up to a balance ceiling; amounts above earn the low standard rate.
Are there conditions? Often yes, such as salary deposit, card spend or a transaction count, to qualify for the top rate.
Is my money safe? Yes; balances are CDIC-insured up to NT$3 million per depositor per bank, digital banks included.
What if I hold more than the rate cap? Amounts above the promotional ceiling earn only the low standard rate, so many savers split funds across accounts or move the excess into a higher-paying time deposit.
Savings Accounts in Taiwan — FAQ
What is the highest savings rate in Taiwan right now?
Giraffy tracks 17 savings accounts across 13 providers in Taiwan. 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 CDIC (Central Deposit Insurance Corporation) protects up to NT$3,000,000 per depositor. Always confirm your institution is FSC-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 (NT$3,000,000 under the CDIC 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.