Cajamar: 2.02% TAE for 12 months from EUR 1,000 to EUR 100,000, bookable in the app or web banking
Depósito Online 12 meses
Net value, first year
€163.62
#12 of 15 in this goal
Value per month of commitment
€13.64
Commitment: 12 months
Reward
Rate2.02% TAE
12 mo · first €100,000
Terms
- Reward
- 2.00% TIN (2.02% TAE) for 12 months. Example: EUR 10,000 earns EUR 200 gross. Interest paid quarterly, half-yearly or at maturity; optional automatic renewal at the rates then in force. Paid: Quarterly, half-yearly or at maturity, as chosen.
- Rate
- 2.02% TAE for 12 months, on the first €100,000
- Requirements
- Minimum EUR 1,000, maximum EUR 100,000
- Booked through web banking or the Grupo Cajamar app, so you must be a customer
- Fees
- €0/month
- Penalty
- Early cancellation fee of 0.50%
- Eligibility
- Residents only: Unknown
- NIE or TIE accepted: Unknown
- Open to non-residents: Unknown
- Valid until
- No end date stated
- Checked
- (today, confirmed by the bank)
- Notes
- No end date stated. Cajamar also lists a Depósito Nueva Pensión (pensioners, EUR 900+ pension) that was not read.
How the value is built
| Line | EUR |
|---|---|
| Interest 2.02% TAE on EUR 10000 for 12 months | €202.00 |
| Withholding 19% on interest | -€38.38 |
| Net value, first year | €163.62 |
Default profile: gifts at 80% of retail, a balance of €10,000. Change them in the search filters. Methodology
Catches
- penalty: Early cancellation fee of 0.50%
Compare with
- MyInvestor3.50% TAE for 12 months on EUR 1,000 to EUR 25,000 with the Premium plan (EUR 7.99 a month)€187.62 net in the first year
- Openbank3.25% TAE for 6 months with payroll or EUR 900+ monthly income, 2.75% TAE without, no cap on new money€131.63 net in the first year
- Deutsche Bank España12-month deposit at 2.50% TAE, up to 3.50% with card, payroll and fund, for new money of EUR 25,000-150,000€202.50 net in the first year
Not financial advice. Terms change: read the bank's page before you sign.