Business · Companies · 2 hrs ago
Self Bank offers a three-month welcome deposit paying 3.05% APR
Self Bank has launched a three-month deposit paying 3.05% APR for money newly transferred from another bank.
Both new customers and existing customers can apply, and they do not have to sign up for other products.
The offer adds a shorter-term option to the bank’s existing 12-month welcome deposit, which pays 2.75% APR.
Interest on the new deposit is paid every three months, according to the terms described.
The different terms let customers choose based on when they may need their money and their expectations for interest rates.
The deposit is part of Self Bank’s wider savings offer, which also includes other deposit terms and products with different interest-payment schedules.
No further application deadline or next step is specified.
Self Bank has launched a three-month welcome deposit paying 3.05% TAE.
The offer is available to new customers and existing customers depositing new money transferred from another bank.
Customers do not need to take out any additional products or services to qualify.
The three-month deposit joins a 12-month welcome deposit paying 2.75% TAE.
Interest on the 12-month deposit is paid quarterly.
- Who
- Self Bank.
- What
- It launched a three-month welcome deposit paying 3.05% TAE.
- When
- The launch was reported on 23 October 2026.
- Where
- Not stated.
- Why
- The bank says the shorter term gives customers more flexibility to choose a deposit that suits their needs.
This story does not have two clearly opposing sides.
Self Bank made a 24-month deposit paying 2.75% TAE available to its customers.
Expansión reported that Self Bank had launched a three-month welcome deposit paying 3.05% TAE.
- Three-month welcome deposit
- 3.05% TAE
- Eligibility
- New customers and existing customers depositing new money transferred from another bank
- Additional requirements
- No additional product or service required
- 12-month welcome deposit
- 2.75% TAE
- Interest payment on 12-month deposit
- Quarterly
What people are saying
It may be surprising that we offer two welcome deposits with different terms, but this responds to a very clear philosophy that we at Self Bank always want to adopt towards the customer: total flexibility, to adapt to each person's needs.