12-month deposits give 2.5% on average, while EBN offers 3.55% for its new combined vehicle

The banking entities they continue to adjust salaries downwards that they offer in their deposits with set terms, in line with the path of cuts that European monetary policy has taken. In the absence of a meeting of the European Central Bank for the remainder of the year, the market expects that next 2025 it will continue to lower its interest rates, and even at a greater speed due to Donald Trump’s victory in the US elections, as it plans to increase considerably the tariffs on European exports. Currently, 12-month vehicles available in Spain offer a 2.5% profitability on average, similar to the interest that the Spanish Treasury offered for its Letters, of 2.6%, in the last auction this week. Although these days EBN Bank has led the opposite of the rising market a new one-year deposit that gives a 3.55% return.

This new vehicle not only surpasses the average of entities in Spain, but is positioned above all. EBN Banco explains that this is “a combined deposit”, since it entails a subscription of fixed-term deposits that is combined with investments through managed portfolios or investment funds. However, EBN has lowered its conventional deposit, from the 2.80% it offered, up to 2.55% profitability.

To achieve the maximum profitability of 3.55% APR (Annual Equivalent Rate) It is necessary to contribute at least 60,000 euros to the depositwhich is contracted through the bank’s managed portfolio service. Nevertheless, It is possible to achieve a 3.25% return with a lower amountwhose minimum is set at 20,000 euros. This vehicle can be contracted directly through the website, in the investment funds section of the bank.

Returning to 12-month deposits, Cetelem remains the most profitable of all. The division of credit products for individuals that BNP Paribas has in October swam against the current of the entities in their reductions in remuneration, by increasing the profitability of its product, from 3.18% to 3.24% that it currently has. This vehicle does not have a minimum amount required for the investor, and is part of the Deposit Guarantee Fund (FGD) of our country, which in the case of bankruptcy provides a guarantee for the first 100,000 euros deposited by an investor.

In second place by remuneration, Finantia Bank stands firm, since it continues to offer 3% to its investors from 50,000 euros of depositwhich protects the Portuguese FGD. This entity has improved its position due to Pibank’s reduction in its profitability, to 2.83%. And it remains among the most attractive, without requiring a minimum amount or limit to be able to invest in one of its vehicles.

And although a large part of the firms have continued to cut their yields, this week five have made downward changes, they still maintain attractive percentages for investors.

Banco Pichincha also joined the decrease in profitability, which in its case They reached 2.52%, compared to the previous 2.83%. While Banca March and Banco Big they stay at 2.50%. Although Banca March has a minimum level set at 10,000 euros, Banco Big has a lower threshold, set at 1,000 euros. It should be noted that the latter is covered by the Portuguese guarantee fund.

While, BFF remains unchanged and pays 2.52%, for contributions of 5,000 euros or more. Like the deposit covered by the Netherlands FDG, Triodos Bank, whose profitability remains at 2.5% from 3,000 euros down. Selfbank has the lowest threshold, at 1,000 euros, which rewards 2.30% (previously 2.55%) and MyInvestor offers 2.25%. from 10,000. Deutsche Bank, for its part, pays 1.90% for 12-month deposits of at least 3,000 euros.

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