Term deposit

Convenient and safe way to keep your extra money

  • Easy to set up and always available to overview in your Internet Bank.
  • You can use it for keeping money or for savings.
  • Your deposit is guaranteed by the state up to €100 000.
Open deposit

Deposit calculator

You can open a term deposit with a minimum of EUR 190 (or the equal amount in a foreign currency), the first contribution to a savings deposit is a minimum of EUR 6 or USD 100.

You can make additional contributions to the savings deposit later.
In case of a term deposit the deposit period is 2 days to 5 years; in case of a savings deposit – 6, 9 or 12 months.
Calculate
  • Flexible term – from 2 days to 5 years.
  • Minimum amount is €190 or the equal amount in foreign currency (e.g. 250 USD, 180 GBP, 1700 NOK, 310 CAD).
  • You can make several deposits with different amounts and periods, according to your future plans and needs.
  • Convenient to manage – your deposit can be automatically extended if you choose so. It will be automatically extended by the same period with the interest rate valid at the time of extension. You can choose if the deposit is extended with the interest earned or not.
  • The deposit is guaranteed in the extent of the amount determined by the Guarantee Fund. Deposits are compensated in the extent of 100%, but not more than 100 000 euros per depositor in one credit institution. Read more about Guarantee Fund.
  • You can set up a term deposit in euros or in a foreign currency.
  • Your interest rate will be up to 0.02% higher if you enter into a term deposit contract through the Internet Bank.
  • No additional payments can be made into a term deposit during its term.
  • You can terminate your deposit early if you need to, but in this case the bank will not pay you any interest for the time that your money has been deposited. The deposit sum will be transferred to your account as soon as you terminate the deposit.
  • The interest calculated on the deposit amount will be transferred to your account at the end of deposit term or every month, whichever you prefer.
  • Swedbank withholds the income tax and transfers it to the Tax and Customs Board. The withheld income tax is automatically included in your income tax return.

The interest rates on a term deposit

Single payment at the end of period

Min 190 10 000
Max  10 000  100 000
2 days 0.01 0.01
1 week 0.01 0.01
2 weeks 0.01 0.01
3 weeks 0.01 0.01
1 month 0.01 0.01
2 months 0.01 0.01
3 months 0.01 0.01
4 months 0.01 0.01
5 months 0.01 0.01
6 months 0.01 0.01
7 months 0.01 0.01
8 months 0.01 0.01
9 months 0.01 0.01
10 months 0.01 0.01
11 months 0.01 0.01
12 months 0.05 0.05
24 months 0.05 0.05
36 months 0.05 0.05
48 months 0.05 0.05
60 months 0.05 0.05

Monthly interest payments

Min 190 10 000
Max  10 000  100 000
2 days 0.01 0.01
1 week 0.01 0.01
2 weeks 0.01 0.01
3 weeks 0.01 0.01
1 month 0.01 0.01
2 months 0.01 0.01
3 months 0.01 0.01
4 months 0.01 0.01
5 months 0.01 0.01
6 months 0.01 0.01
7 months 0.01 0.01
8 months 0.01 0.01
9 months 0.01 0.01
10 months 0.01 0.01
11 months 0.01 0.01
12 months 0.03 0.03
24 months 0.03 0.03
36 months 0.03 0.03
48 months 0.03 0.03
60 months 0.03 0.03

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