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Since their introduction in 2017, the efficiency of lead‐free halide perovskite solar cells based on Cs₂AgBiBr₆ has not exceeded 3%. The limiting bottlenecks are attributed to a low electron diffusion length, self‐trapping events and poor selectivity of the contacts, leading to large non‐radiative VOC losses. Here, 2D/3D hybrid double perovskites are introduced for the first time, using phenethyl ammonium as the constituting cation. The resulting solar cells show an increased efficiency of up to 2.5% for the champion cells and 2.03% on average, marking an improvement by 10% compared to the 3D reference on mesoporous TiO₂. The effect is mainly due to a VOC improvement by up to 70 mV on average, yielding a maximum VOC of 1.18 V using different concentrations of phenethylammonium bromide. While these are among the highest reported VOC values for Cs₂AgBiBr₆ solar cells, the effect is attributed to a change in recombination behavior within the full device and a better selectivity at the interface toward the hole transporting material (HTM). This explanation is supported by voltage‐dependent external quantum efficiency, as well as photoelectron spectroscopy, revealing a better energy level alignment and thus a better hole‐extraction and improved electron blocking at the HTM interface.