Come December, spending is bound to rise dramatically. Spanish consumers are facing the last month of the year with the joy of the Christmas holidays but they are also watching their pockets because of it During these dates, personal expenses double due to buying gifts. And numerous commitments with co-workers, family and friends.
However, this could also be a good time to start investing our money and thus make up for some of the Christmas wastage. For those who have savings and want to benefit from them You can still find banks on the market that offer attractive returns in the current context thanks to a very simple and 100% safe financial product: Bank deposits.
It is a savings tool that is based on Keeping a certain amount of money in the bank For a certain period of time in exchange for interest. Such interest generated must be paid by our entity and may be made monthly, quarterly, semi-annually, annually or at maturity.
Financial experts currently agree on this Rent a deposit for one or two years It remains an attractive option to ensure good performance in the short and medium term, especially if we take into account that the probability of finding good returns may decrease in the coming months.
20 minutes He’s rounded up the best fixed rate deposits below With terms ranging from three months to two years to earn money without having to make large sums in entities supported by the Deposit Guarantee Fund (FGD), which insures funds up to the maximum in the event of bankruptcy. The maximum amount is 100,000 euros By the owner and entity.
Bloor Bank
Founded in 2001 and headquartered in Riga, this Latvian bank offers a profitability of 2.61% APR with your deposit for one year. The minimum contribution is 1 euro and the maximum is 100,000. Interest payment is due. The only downside is that early cancellation is not allowed. BluOr Bank operates in Spain through Raisin, a digital platform through which citizens can safely contract services from foreign banks.
Resource Bank
The Swedish entity, known for its innovative approach to flexible financial solutions, offers A Earnings of 2.55% APR over two years You can invest from 1,000 to 85,000 euros. Interest payment is always due. This deposit can only be contracted in Spain through Raisin.
Complex Bank
The Swedish neobank, a subsidiary of Norion Bank AB, offers a Profitability of 2.45% APR in 2 years You can invest from €500 to €85,000. Interest payment is due. This product is contracted in Spain through the company Raisin.
Fjord Bank
This Lithuanian entity is completely digital. Your six and nine month deposit enjoys a 2.41% APR and requires a minimum contribution of €1,000.. For one year, profitability drops slightly to 2.40% APR. It does not offer a cancellation option, so you will have to wait until the refund deadline. They can be contracted from the Raisin platform, which allows Spanish consumers to contract deposits from various banks in Europe.
Bank of tomorrow
Bank of tomorrow It is a digital bank based in Norway that specializes in consumer finance and offers up to 2.35% annual interest rate on its deposits for two years. The minimum contribution is 500 euros A maximum of 85,000 euros. Your operations in Spain are managed through the platform connected raisins.
Explanatory note. The fees for these deposits may change as of the date of publication of this article.
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