Self Bank increases the remuneration of its 12-month deposit from 1.30% to 1.80% APR
Self Bank has announced an improvement in the performance of its deposits which, in the case of 12-month product, means going from an APR of 1.30% to 1.80%. In the three-month deposit, the equivalent annual rate goes from 1.50% to 1.70%; and in the six-month product, from 1.40% to 1.75% APR.
Through a statement, the entity explains that the update represents a increase of between 20 and 50 basis points respect to the previous conditions and that the improvements will be available exclusively until December 31 of 2025.
It also informs that all types of deposit can be contracted. for amounts from 6,000 euros to one million euros per client. In addition, interest is paid quarterly, and deposits allow full early cancellation at any time, although in that case the interest generated will not be paid.
However, he also points out that reimbursement, ransom or return advance of part or all of the principal invested are subject to commissions or penalties.
