Skip to content
English
  • There are no suggestions because the search field is empty.

Worth knowing about saving with kompasbank

Accounts and deposits

  • You can open as many KOMPAS FAST and VARIABEL accounts as you like — each requiring a minimum deposit of 100,000 DKK.
  • You can only have one KOMPAS BASIS account, which has no minimum deposit.
  • The total balance across all your savings accounts (including BASIS) may not exceed 3,000,000 DKK.
  • Deposits to FAST/VARIABEL are made as a single lump sum when opening the account (you have 10 days to transfer it). BASIS allows ongoing deposits with no limit.
  • Your savings are covered by the deposit guarantee scheme up to 100,000 euros (approx. 750,000 DKK) per customer.
  • To open an account, you need a Danish address and citizenship, plus MitID.

Interest

  • See the current interest rates here.
  • Interest is calculated daily and credited to the account at year-end (31 December) and/or upon maturity.
  • Track your accrued interest anytime in Netbank under "Overview."

Fees

  • No standing fees for holding a savings account.
  • Exceptions: an early-withdrawal break fee ("dekort") on FAST/VARIABEL (rate depends on remaining term and interest rate), and 100 DKK per BASIS withdrawal beyond 5 free ones per month.
  • See the current break-fee rates here.