Deutsche Bank España: 12-month deposit at 2.50% TAE, up to 3.50% with card, payroll and fund, for new money of EUR 25,000-150,000
Depósito Confianza Más DB
Net value, first year
€202.50
#10 of 15 in this goal
Value per month of commitment
€16.88
Commitment: 12 months
Reward
Rate2.5% TAE
12 mo · first €150,000
Terms
- Reward
- 2.50% TAE guaranteed. Add 0.20% for using a DB credit card, 0.40% for a domiciled payroll or pension, 0.40% for investing in a DB fund (EUR 15,000+ of new money), for up to 3.50% TAE. Linkages are checked at maturity. Paid: At maturity (12 months).
- Rate
- 2.5% TAE for 12 months, on the first €150,000
- Requirements
- New customers only
- New money from other banks, EUR 25,000 to EUR 150,000
- One deposit per customer
- Contracted through a manager via the form on the page
- Bonus +0.60%: card use, payroll or pension, and EUR 15,000+ of new money in one of six listed DB funds
- Fees
- Unknown. Not stated on the deposit page
- Penalty
- Early cancellation costs 4% a year on the cancelled amount for the remaining term, never more than the interest earned
- Eligibility
- Residents only: Unknown
- NIE or TIE accepted: Unknown
- Open to non-residents: Unknown
- The page does not state residency or NIE/TIE rules.
- Valid until
- No end date stated
- Checked
- (today, confirmed by the bank)
- Notes
- Example on the page - EUR 150,000 earns EUR 5,250 gross at 3.50% TAE and EUR 3,750 at 2.50% TAE. Renews automatically. Deutsche Bank also lists Depósito Más DB (12 months, 2.75% TAE, EUR 3,000-300,000 new money, online only) on its deposits page; not a separate file here.
How the value is built
| Line | EUR |
|---|---|
| Interest 2.5% TAE on EUR 10000 for 12 months | €250.00 |
| Withholding 19% on interest | -€47.50 |
| Net value, first year | €202.50 |
Default profile: gifts at 80% of retail, a balance of €10,000. Change them in the search filters. Methodology
Catches
- penalty: Early cancellation costs 4% a year on the cancelled amount for the remaining term, never more than the interest earned
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
- Self Bank2.75% TAE for 12 months on EUR 6,000 to EUR 1,000,000 of new money, interest paid quarterly€222.75 net in the first year
- Cajamar2.02% TAE for 12 months from EUR 1,000 to EUR 100,000, bookable in the app or web banking€163.62 net in the first year
Not financial advice. Terms change: read the bank's page before you sign.