Best savings accounts in Lithuania

The first €500 of interest a year is exempt and that allowance covers Lithuanian and foreign banks alike. Above it the rate starts at 15%. A Lithuanian bank withholds from the first euro unless you claim the exemption in your return.

Best rates available in Lithuania

Checked on 28 September 2026. 11 savings accounts, term deposits and money market funds from 10 providers accept someone resident in Lithuania. The three highest rates:

bunq, Easy Savings at 3.01%, instant access, no minimum, deposit guarantee: Netherlands, up to €100,000.
Trade Republic, Interest on cash at 3.00%, instant access, no minimum, deposit guarantee: Germany, up to €100,000.
Trading 212, Interest on cash (Trading 212 Markets Ltd) at 2.50%, instant access, no minimum, investor compensation: Cyprus ICF, up to €20,000, which is not a deposit guarantee.

7 of the 11 are covered by a national deposit guarantee scheme. The best rate you can withdraw at any time is 3.01% at bunq, and the best fixed term is 2.50% at BluOr Bank. Rates are variable unless the entry says the term is fixed.

What to know if you live in Lithuania

Deposits are covered up to €100,000 per depositor per credit institution, with all currencies added together. Money credited in the six months before the event is covered up to €300,000 when it is the proceeds of a home sale and up to €200,000 when it is an inheritance or a life insurance death benefit, claimed within a month (Indėlių ir investicijų draudimas).

The first €500 of interest a year is exempt, and that covers deposits with Lithuanian and foreign banks alike (VMI). Above it, interest is taxed at 15% up to twelve average wages, €27,745.80 in 2026, then at 20%, 25% and 32% on higher capital income (VMI). A Lithuanian bank withholds from the first euro unless you claim the exemption in your return; interest from a bank abroad is declared on the GPM311 return.