Earning interest with Instant Access Savings
What is the interest rate?
The per annum (p.a.) interest rate on your Instant Access Savings will depend on your plan. This rate is used to calculate the interest earned before taxes.
The p.a. interest rate will show under your Instant Access Savings balance in-app. You can get more information by tapping 'Info' and viewing the 'Deposit information' document.
How is the interest calculated and paid?
Interest is compounded and paid daily. This means you earn 1/365th (or 1/366th in leap years) of the per annum (p.a.) interest rate on your closing balance every day.
The minimum threshold for interest payable is RON 0.01. If your net interest earned after taxes is less than RON 0.01 on a given day, no interest will be payable.
Interest on your Instant Access Savings starts accruing on the same calendar day you deposit funds and continues until the day before you withdraw them.
Can the interest rate change?
We can adjust the interest rates on your Instant Access Savings. For a decrease, you'll be notified at least two months in advance, and you can choose to terminate your account before the change happens.
Increases may happen immediately, and we may notify you before or after.
For information on notice periods, read our Instant Access Savings Terms.
Changing plan
If you change your plan, your interest rate will change accordingly when the plan change comes into effect.