Entities continue to adjust the interests offered by their fixed-term depositsas the European Central Bank (ECB) advances on the path of rate cuts. On October 17, the institution responsible for monetary policy announced its third cut in the money price of 2024, again by 25 basis points.
Following in the footsteps of the ECB, an entity like Cetelem -the division of credit products for individuals of BNP Paribas- currently offering 3.80% APR (Equivalent Annual Rate) with your 3-month deposit, compared to the 3.96% you paid previously. Even so, it is the highest profitability among the main deposit offers available in Spain). There is no minimum amount required. You may be interested in: Despite the ECB’s rate cut, the majority of 12-month deposits offer more profitability than Letters.
Among the most prominent interests is also that of BFF, an Italian entity that remunerates 3.55% Contributions from 5,000 euros. BFF is a member of the Italian Deposit Guarantee Fund, which covers up to 100,000 euros per client.
MyInvestorthe Andbank-backed neobank, last week adjusted the interest on its 3-month deposit to 3% APR from 3.25% prior, for your automated portfolios. The minimum amount is 10,000 euros and the maximum is 100,000. This offer will be valid until December 12, as clarified by the entity on its website.
slightly above, At 3.07%, there is the 3-month vehicle from EBN Banco. It is necessary to contribute at least 5,000 euros. For its part, the 3-month deposit SelfBank is currently at 2.85%, for amounts of at least 1,000 euros.
With somewhat lower yields we find 3-month deposits Deutsche Bank -2.47% from 3,000 euros – and Triodos Bank -1.70% for contributions also from 3,000 euros, until next October 30.
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