Earn even higher prospective returns over two years with a Quarterly Escalator Fixed Term Deposit. With this two year fixed term deposit, you can enjoy a gradually increasing interest rate on a quarterly basis.
Here’s how it works:
Early withdrawal fees apply in cases where the Bank agrees to a premature full or partial withdrawal
At maturity, you will have the choice of renewing the deposit with a new interest rate, or transferring your money to your current account for instant access
See the applicable Interest Rates for the Quarterly Escalator Fixed Term Deposit:
|Period||Nominal Rate||Effective Annual Rate|
|0 – 3 months||0.00%||0.00%|
|3+ months – 6 months||0.05%||0.03%|
|6+ months – 9 months||0.10%||0.05%|
|9+ months – 12 months||0.15%||0.08%|
|12+ months – 15 months||0.20%||0.10%|
|15+ months – 18 months||0.27%||0.13%|
|18+ months – 21 months||0.34%||0.16%|
|21+ months – 24 months||0.41%||0.19%|
If your total Fixed Term Deposits (per customer) exceed €500,000 you can contact us for an exclusive quotation.
Disclamer: Ancoria Bank Ltd may at its choice, reject an application/business relationship for legal, regulatory or other reasons and withdraw or amend any plan, at any time.
Do you want to open an account?
Get started by opening a Current Account simply and securely with the award-winning Ancoria Bank Create app.
Our easy sign-up process will have you up and running within minutes. All you need to do is:
- Download the app
- Have all your documents on hand
- Take a quick selfie video
And your application will be all set! Once you join Ancoria Bank, you’ll be able to choose the account that best suits you.