The best one-year deposits are flying and have already reached 3.3%.
La banca anticipa una subida de tipos. Leer
Banks in Spain are increasing interest rates on savings products, with some offering up to 3.3% on 12-month deposits. The rise is led by European banks operating through the digital platform Raisin, including BluOr Bank (3.37%), SmeBank (3.3%), BFJord Bank (3.10%), and Klarna (3%). Spanish bank Miraltabank offers 2.75% for a 1-year deposit. The increases come as the Euribor rate, which affects mortgage interest rates, has risen to 2.99%, its highest level this year.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
