The war for liabilities registers a new incursion at the hands of Banca March. The entity has raised the interest rate on its 12-month Avantio Flexible Deposit to 3.30%. The product is aimed at new digital customers who have a conservative profile. In this way, it is at the head of the most profitable deposits under the Spanish Deposit Guarantee Fund.
The minimum contribution per client to contract the deposit is 10,000 euros and the maximum is extended to 1,000,000 euros, and can be contracted until October 31. Avantio Flexible Deposit 12 months allows early cancellation at any time. In this case, the client will receive the amount of the deposit plus the compensation corresponding to applying the annual nominal rate of 1%.
The new deposit can only be contracted through Avantio, the investment platform, which offers the best omnichannel service accompanied by Banca March’s own expert and personalized advice. This platform is aimed at new customers with a more digital profile who sign up through this online channel. It also has more than 30,000 investment instruments from the world’s leading managers and the most advanced digital tools, such as an innovative search engine for securities, funds and pension plans, real-time information on quotes or an online broker for the most authentic clients. Connomos in your investment decisions.
It is not the only raid that has occurred in recent weeks. This launch is joined by the one carried out by Openbank. The digital subsidiary of Banco Santander recently launched a six-month deposit with a return of 3.07% for those customers who direct income with the entity. Likewise, EBN Banco has opened its deposit offer to non-customers with interest of 3.20% for one year and contractable from 10,000 euros.