Interest rates
View the current interest rates for our lending products, deposit accounts, term deposits and foreign currency deposits. Each section includes the applicable effective date and product details to help you find the information you need.
Interest Rates on Lending Products
Our base rates as at 16 June 2014. Rates are shown in euro.
Interest rates on deposit accounts (if applicable)
Applicable from 12 August 2020. Rates are shown in euro.
How we calculate interest on your account
- Interest is calculated daily, based on your balance at the end of each day.
- Your daily closing balance determines the interest rate. The full balance earns interest at the rate for the balance range (tier) it falls into that day.
- Each day, one interest rate applies to your closing account balance.
What is a balance range?
A balance range (tier) is a range of account balances (for example, €1 – €200). Your full balance earns interest at the rate for the range it falls into on that day.
The example below is for illustration purposes only. It uses sample balances and sample annual interest rates to show how daily interest is calculated. These are not the actual rates that apply to your account. Please refer to the interest rate table on this page for the applicable rates.
The example below is for illustration purposes only. It uses sample balances and sample annual interest rates to show how daily interest is calculated. These are not the actual rates that apply to your account. Please refer to the interest rate table on this page for the applicable rates.
How we calculate interest daily
Interest is calculated daily using the formula: (Your Balance × Interest Rate) ÷ (100 × 365).
If your balance stays the same, you earn interest at the same rate each day.
