Appropriate for customers who do not know after which period of time they will need to use their funds!
The EXTRA Deposit is 1-month time deposit, in which you get higher interest rate for the amounts placed-in on the third, sixth and twelfth month of their stay with the Bank, provided you keep them for a longer period of time.
Characteristics
- You can open your EXTRA Deposit with minimum sum of BGN 2,000 or EUR/USD 1,000
- Placing-in your funds for term of 1 month, you get the same yield on them as if you placed-in them for a longer period of stay with the Bank
- You get higher interest rate for the placed-in funds on the third, sixth and twelfth month of their stay, as an additional interest is re-accrued, which equalizes the interest up to the moment with this under the standard deposits for the respective term and sum; thus the deposit becomes more favourable in comparison with the standard 1-month deposit
- You do not miss to get an yield
- The interest is accrued each month, depending on the currency, the term and the deposit sum
- You choose by yourself how to get your interest – under another account or to be capitalized under the deposit sum
- The deposit can serve as collateral in case of credit transactions – consumer loans, bank credit cards, etc.
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