Why does MeDirect offer non-regulated savings accounts and what are they?
MeDirect applies one clear and high interest rate, after deduction of the withholding tax. This interest is paid every 3 months, so that you can invest it again immediately. The fact that the savings accounts are non-regulated accounts it simply means that the accounts do not fall under the regulation which gives the right to an exemption from withholding tax up to €960 per person. The saving accounts are, as are the other saving accounts, subject to the deposit guarantee scheme.