The savings bank increases interest rates on savings and deposit accounts up to 4.25% and 4.5% respectively

Savings bank from July 1 2022 will increase interest rate u savings
accounts by 0.75% point and in deposit accounts (term deposits) by 0.7% point. New
rates u savings accounts can reach up to 4.25% and in deposit accounts up to 4.5%.

Na rate
4.25% per annum at savings accounts are available to clients who regularly invest (minimum 300 CZK per month), and at the same time have a Plus account or are from the segment
First Premier or First Private Banking.

Clients who do not invest regularly (have a Plus account or are from the segment First
Premier or EPB), they will get rate 3.25% per annum. Interest rate u Saving
ČS/Premier/EPB now consists of the following components:

·
Basic
interest rate 1,5 %

·
Bonus rate 1.75% (until further notice)

·
Bonus rate 1% for regular investing (without time limit)

For deposit accounts Savings bank increases rates for all storage times. The new rate will be 3.7% per annum for a deposit account with a deposit period of three months, and 4.5% per annum for deposit accounts with a deposit period of six and twelve months.

New
rates apply to deposit accounts established from July 1 2022. For accounts already established, the new rate is set upon renewal for the next cycle.

Savings account (benefits Plus account) is already used by more than 1.85 million clients, which is 90% of primary bank clients
Savings banks. Financial reserve at least in the amount of three months salaries however, it has less than half of them. 320,000 clients invest regularly every month, while the average amount that clients invest is around three thousand
crown.

Filip Hrubý

Press spokesman of the Czech Republic

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