Savings deposits

Use the Easy Saver instead of a savings deposit

The Easy Saver allows you to save money quickly and conveniently. To this end, use the rounding option from card payments, standing order or make additional payments yourself.
If you have a valid savings deposit agreement, you can use it until its date of expiry. It is not possible to open a new savings deposit. We recommend using the Easy Saver for saving.

Interest rate is presented on a basis of accounting year (360 days). Interest is calculated for the actual deposit days.

From 01.01.2018 all interest paid out on deposits (including settlement accounts) is subject to income tax. This taxation is only applicable to private Estonian residents.
The bank withholds the income tax and transfers it to the Tax and Customs Board. The withheld income tax is automatically included in the client’s income tax return.
If the deposit is interrupted prematurely, the bank will refund the withheld income tax.