Savings

The vakantiegeld in the Netherlands: what it is, how much you receive, and why it seems like so much is deducted in May

Every May, workers in the Netherlands receive an extra payment in their bank account which initially confounds many newcomers: the vakantiegeld. Some mistake it for a bonus, others don’t understand why their payslip looks different that month, and almost everyone asks the same question upon seeing it: why are they deducting so much in tax?

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What to do with your vakantiegeld? 5 options ordered by financial impact

May marks the favourite time of the year for many workers in the Netherlands: the vakantiegeld (holiday pay). It’s 8% of your gross annual salary that your employer accrues throughout the year and pays out in one go — usually between May and June. Transparency: this article contains affiliate links. If you purchase a product

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The Trade Republic Card and its cashback: how Saveback works (2026)

Trade Republic is launching a card that “gives you 1% back on your purchases” and everyone’s eyes light up: free cashback for spending? Well, yes and no. That 1% exists, but it doesn’t come back to you as cash to spend: it’s invested. It’s called Saveback and, properly understood, it’s quite a clever idea. Misunderstood,

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Banks in the Netherlands (2026): which to open, how much they cost, and which accept without a BSN

If you have just arrived in the Netherlands or are about to, one of the first things you will need is a bank account. Without it, you cannot receive your salary, pay rent, or set up direct debits for basic services. The problem is that there are several options in the Netherlands, and prices change

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The Four Dutch Government Subsidies You Might Be Missing (toeslagen 2026)

In the Netherlands, the government distributes hundreds of euros each month in direct subsidies to the bank accounts of millions of residents. These are called toeslagen and are designed to help those with lower and middle incomes cover essential expenses such as rent, healthcare insurance, or childcare. What’s surprising is that a significant portion of

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