Business · Markets · 2 days ago

MyInvestor raises its six-month deposit rate to as much as 3% TAE

MyInvestor raises its six-month deposit rate to as much as 3% TAE

MyInvestor has increased the return on its six-month deposit by 0.5 percentage points.

Customers who have or open an automated investment portfolio worth at least €150 can get 3% TAE; other customers can get 2.75%.

The deposit requires at least €10,000 and allows a maximum of €100,000.

MyInvestor also offers a 12-month deposit paying 3% TAE, or 3.25% for customers with an automated portfolio.

These offers add to competition among banks for customers’ savings, with WiZink also offering a one-year deposit.

The new six-month rates take effect immediately.

Sources

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