Term deposits

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

Score breakdown for the default profile
LineEUR
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

Not financial advice. Terms change: read the bank's page before you sign.