The best fixed-term deposits of October

Market time deposits October was marked by a decrease in interest rates European Central Bank (ECB)In particular, there are several banks that have suffered rate cuts to profitability his low risk savings productswhich changed the ranking of deposits that pay the most. However, other companies have decided to maintain their products and even launch some new offerings.

Fixed deposits that bring the greatest profit under a Spanish guarantee

Regarding deposits that pay the most in October from banks affiliated with Deposit Guarantee Fund (FGD) Spain, the list continues to be topped by BNP Paribas Spain’s commercial brand Cetelem, which maintains its offer of paying 3.99% APR for 3 months, although the percentage may vary depending on technical service commission linked current account. With this offer, the bank is significantly ahead of the rest of the deposits operating under the Spanish FGD, since the next institution that pays the most, MyInvestor, offers 3.25% per annum for the same term as Cetelem, if the automated portfolio is 150 euros or more. without a linked product, the APR drops to 3%.

This offer is followed by an APR of 3.07% that Openbank is promoting for 6 months and the required link is direct payroll debit. Slightly above the 3% level, a company that also offers 3.05% APR for 12 months, Pibank pays 3.03% APR for the same term (no connections) and EVO Banco offers an annual rate of 3.05% for 4 months.

Those looking for a longer term also have offers above 3% per annum. Specifically, EBN Banco offers 3.05% APR for 24 months, 3.10% APR for 36 months, and 3.20% APR for 42 months.

Cetelem, for its part, also stands out for terms over 3 months, as it pays 3.50% per annum for 6 months and 3.18% per annum for 12 months and 24 months.

Many organizations offer a 3% reward on their deposits.

Thus, banks that adhere to the Spanish FGD stand out at the 3% per annum level with a variety of offers, including new ones. In particular, Banco Mediolanum offers a new product that pays 3% per annum for 12 months on deposits between €10,000 and €100,000, although it requires keeping the money in an account or domicile wages. On the other hand, Banca March pays the same interest for 6 months; EBN Bank also offers this reward for a period of 12 and 18 months; and finally, MyInvestor offers 3% per annum for 6 months if the client enters into an automated portfolio.

Foreign deposits that pay the most in October

In the European market, where banks lead war for savings With excellent returns on your time depositsespecially highlights the Portuguese Banco BiG, which, among other rewards, pays 4% per annum for 3 months and 3.60% per annum for 6 months. In fact, from Italy, which has reduced profitability They have recently been paying up to 3.55% per annum for 3 months for their products. Finally, thanks to the Raisin savings platform, ProCredit Bank’s offering from Romania tops the list of deposits with the highest rate, paying 3.56% APR for 6 months, followed by 3.55% APR for 12 months, promoting PayRay from Lithuania. .