Banca March raises the yield on its 12-month deposit to 2.1%.
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Some banks are breaking away from the trend of cuts in savings benefits. One of the latest is Banca March , which has raised the yield on its 12-month Avantio Flexible Deposit to 2.1% APR for new digital customers. It allows early cancellation in full at any time, with full reimbursement and interest of 1.51% APR.
Thus, a saver who deposits 150,000 euros would obtain a gross return of 3,150 euros , always with the security of investing with Banca March, the most solvent bank in Spain.
This deposit has a 12-month maturity and is renewable. The minimum contribution per client is €30,000 and the maximum is €600,000. The Avantio Flexible Deposit can be opened through the bank's digital channels.
The 12-month Avantio Flexible Deposit requires the opening of an Avantio digital account . This account has no maintenance or operating fees and provides holders with a free debit card and a remote personal manager. It also offers an attractive 2.02% APR return when direct depositing a salary or pension for a maximum balance of €60,000.
This account, according to the bank, is designed to meet the needs of the bank's digital customers, as well as facilitate daily savings without the need for additional transactions or operations, offering a 1% APR return if there are no regular direct deposits.
Some banks are breaking away from the trend of cuts in savings benefits. One of the latest is Banca March , which has raised the yield on its 12-month Avantio Flexible Deposit to 2.1% APR for new digital customers. It allows early cancellation in full at any time, with full reimbursement and interest of 1.51% APR.
El Confidencial