Term deposits

WiZink: 3.00% TAE for 12 months on EUR 5,000-100,000 of new money, interest paid quarterly

Depósito WiZink 12 meses

Net value, first year

€243

#8 of 15 in this goal

Value per month of commitment

€20.25

Commitment: 12 months

Reward

Rate3% TAE

12 mo · first €100,000

Terms

Reward
3.00% TAE (2.967% TIN) fixed for 12 months. Interest guaranteed and paid every 3 months. Example on the page - EUR 30,000 earns EUR 890.10 gross. Paid: Quarterly.
Rate
3% TAE for 12 months, on the first €100,000
Requirements
  • Minimum EUR 5,000, maximum EUR 100,000
  • Money must come from another bank
  • Resident in Spain and of legal age
  • Contract online; the linked account must accept direct debits
  • Upload DNI or NIE and proof of account ownership
Fees
€0/month. No opening or maintenance fee on the linked savings account
Penalty
Early cancellation (full only) returns the principal only; all interest received so far must be paid back. Deposits funded from an external account can be cancelled after 60 days.
Eligibility
  • Residents only: Yes
  • NIE or TIE accepted: Yes
  • Open to non-residents: No
  • Page says resident in Spain and of legal age; signing step accepts DNI or NIE.
Valid until
No end date stated
Checked
(today, confirmed by the bank)
Notes
Longer terms listed on the same page (18, 25 and 36 months) are at lower TAEs and are not included. The deposit cannot be cancelled partially.

How the value is built

Score breakdown for the default profile
LineEUR
Interest 3% TAE on EUR 10000 for 12 months€300.00
Withholding 19% on interest-€57.00
Net value, first year€243.00

Default profile: gifts at 80% of retail, a balance of €10,000. Change them in the search filters. Methodology

Catches

  • penalty: Early cancellation (full only) returns the principal only; all interest received so far must be paid back. Deposits funded from an external account can be cancelled after 60 days.

Compare with

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