Self Bank launches a two-year deposit at 2.75% APR
Self Bank is entering the fray to compete with the most competitive remunerated accounts in Spain. The entity is launching a 24-month deposit at 2.75% AER (annual equivalent rate) with monthly interest payment.
Self Bank has launched a 24-month deposit with an annual equivalent rate (TAE) of 2.75% and monthly interest payments. The deposit has a 6-month cancellation penalty of 0.5%. This product complements its existing offer, which includes a welcome deposit for new customers or new balances from existing clients, paying 2.75% TAE for 12 months with no required linkage.
Self Bank's offer also includes deposits with terms of 3, 6, and 12 months, with the possibility of achieving an additional return of up to 3% TAE by investing in funds managed by Singular AM.
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.