Savings Account - Pricing

1. Duration of interest rates: 21/07/2026 - 31/12/2026 (*)
2. Credit Balance Interest Rate – Tiered (**): 
   • €0-€2,000 – 1.25%
   • €2,000.01-€9,000 – 1.75%
   • €9,000.01 - €1,000,000 - 2.25%​
   • €1,000,000.01 and above: 0% (***)
3. Monthly interest capitalization (calculation: on the last calendar day of the month, yield: on the first calendar day of next month)​
4. Interest calculation start date: the value date on which the deposit amount becomes available in the account​
5. Interest calculation end date: the day preceding the withdrawal or transfer of funds from the account​
6. Interest calculation basis: Actual/Year of 365 days. The numerator represents the actual number of days and the denominator a year of 365 days​
7. Tax on interest: A tax is withheld from the amount of interest and paid to the State, in accordance with the applicable tax legislation. The current tax rate is 15%.

Notes:​

• €0–€2,000: Savings balances earn a net annual interest rate of 1.0625% after tax, corresponding to an AER of 1.0677% due to monthly capitalization. 

• €2,000.01–€9,000: Savings balances earn a net annual interest rate of 1.4875% after tax, corresponding to an AER of 1.4978% due to monthly capitalization. 

• €9,000.01- €1,000,000: Savings balances earn a net annual interest rate of 1.9125% after tax, corresponding to an AER of 1.9292% due to monthly capitalization. 

• €1,000,000.01: Savings balances earn a net annual interest rate of 0%

(*) Any adjustment to the applicable interest rates will be communicated in advance in accordance with the applicable legislation.

(**) Tiered interest rate: an interest rate structure where different portions of the daily account balance earn different rates of interest, depending on the balance range (tier) they fall into. Each tier applies only to the corresponding portion of the deposit amount. Interest will be calculated daily on the end-of-day available account balance and accrued through the compounding process.

(***) For a total savings balance of €15,000, interest is calculated on a marginal (tiered) basis. The first €2,000 earns 1.25%, the next €7,000 (from €2,000.01 to €9,000) earns 1.75%, and the remaining €6,000 (above €9,000) earns 2.25%. 

(****) A.E.R. is calculated on the basis that the deposit amount and interest rate remain unchanged for (1) one year, interest is compounded monthly, and a 15% withholding tax is applied