Become an Investor with BMW Bank’s 4% Interest on Fixed-Term Deposits for 12 Months

Are you looking for a long-term, good-interest investment? Then you should check out the latest offer BMW Bank take a closer look. Because while the financial institution of the German car manufacturer from Munich pays interest of 3 percent per year for short-term overnight deposits, fixed-term deposits are now even paying up to 4 percent per year. This is exactly when you invest your money for a year.

BMW Bank with 4 percent interest on fixed-term deposits for 12 months

In order to receive the attractive interest rate of 4 percent pa for a guaranteed twelve months, you must park at least 5,000 euros in the BMW Bank fixed-term deposit account. At the peak, up to 1 million euros are charged with this interest. The interest is credited at the end of the term. Important: If you do not cancel your fixed-term deposit account at least three working days before the end of the term, it will be extended by the originally selected term.

BMW Bank also offers other fixed-term deposit terms of up to three years. However, they have lower interest rates (0.01 to 3.55 percent per year) than fixed-term deposits with a term of twelve months. The table below shows you nine other fixed-term deposit offers, which also have a term of one year and some of which offer even better conditions than the offer from BMW.

Don’t want a long-term investment? Use daily money!

If you want to be sure that you can access your money at any time, you should not choose a fixed-term deposit but rather a current account. This form of investment also currently offers interest rates of up to 4.01 percent per year – but usually only over a short period of time. It was only announced on Friday that the neobroker Trade Republic would also pay its customers 4 percent interest on uninvested funds from October. Renault Bank has also directly raised its interest rates for new customers to 4 percent.