Bankinter launches a 25 month term deposit at 2.75% APR
Interest paid monthly
Can be taken out until 31st May this year through the bank’s network of branches, via telephone banking or using the mobile channel (mobiles and tablets).
Bankinter has launched a new term deposit for a fixed term of 25 months with a return of 2.75% APR.
This new term deposit will be available to both new and existing customers of the bank and it will be possible to sign up through the bank’s network of branches, via telephone banking or using the mobile channel (mobiles and tablets).
The return on the new term deposit will be the same regardless of the channel through which it is taken out: 2.75% APR (2.72% nominal annual rate), with interest paid monthly.
The deadline for signing up for the product is 31st May or until the total amount offered is reached: EUR €500 million. The minimum amount is EUR €15,000.
The product allows for early termination, whether full or partial, although in this case the return on the amount cancelled would be 1.5% of nominal annual interest for the first year, 2.25% for the second and thereafter and until maturity, 2.75%.
Bankinter's excellent position in terms of solvency and asset quality has enabled the bank to offer its customers a fixed term deposit which is currently among the most competitive on the market and is complemented by other savings and investment products. In short, a portfolio that allows the bank to offer a specific product for every need, tailored to the customer's risk profile.