Term deposits yield more value from your money than you'd expect.
Your interest appreciates as you let interest accumulate from your deposit within a specified time and withdraw the money only after the term expires. If you have spare funds that you do not plan to use in the near future, a term deposit is the ideal solution.
Your entire deposit earns a fixed rate regardless of the amount of the deposit.
You pay nothing for term deposits - on the contrary, you earn money.
Establishment and maintenance of a term deposit is free of charge. Online statements are also free. The minimum amount of the term deposit is 20 000 CZK. Term deposits can be established in CZK, EUR, and USD currencies. You must have a current account in the same currency.
Deposits up to the equivalent of 100 000 EUR are automatically insured by law.
Deposits are insured through a single bank for a single customer (one personal identification number). The insurance also covers interest earned on deposits.