New customers opening an account between December 2019 and February 2020 will benefit from a 1.5% p.a. tax free bonus on the first EUR 10,000 balance.
Opening and managing the account is free of charge.
Interest rate is guaranteed for the entire term, and will remain unchanged regardless of changes in market interest rates.
The account can be opened with a minimum of EUR 100.
Interest rates are quoted gross of tax on a per annum basis.
Interest is paid at account maturity. Bonus will be paid in January 2021.
Withdrawals may be made only upon maturity of the account, and early withdrawals are not permitted.
The Bank and its products are regulated by the Malta Financial Services Authority.
Deposits are guaranteed up to €100,000 per depositor per credit institution under the Malta Financial Services Authority Depositor Compensation Scheme.