Benefits

Best interest rate, safety and possibility to negotiate!

With the Idea::Depo term deposits you are sure to make a good deal, whether you want to save for a short, medium or long term.

To keep things simple, you get:

  • The best interest rates, whichever your preferred savings currency: RON, GBP, USD or EUR
  • Wide range of maturities to choose from according to your plans
  • The possibility to negotiate, when you deposit significant amounts
  • Total safety, Idea::savings products are guaranteed by the National Deposit Guarantee Fund within the limits communicated by the Fund (100,000 euro)

You are always informed on the updated status of your accounts after transfers are made using the Idea::alerts service, by SMS and/or e-mail.

Features

Validity, minimum amount, gain collection options, options upon maturity.

Idea::depo, the term deposit that proves it was worth it upon maturity:

  • May be established for: 1, 3, 5, 6, 9, 12, 18 or 24 months
  • Minimum amount for a term deposit:
    • RON/EUR/USD 1,000
    • GBP 3,000
    • PLN 500
  • You have 2 options to collect your interest gain:
    • Collect it directly in your current account
    • Capitalize it (add it directly to the deposit)
  • You have 3 options available upon maturity:
    • Automatic renewal with interest capitalization, i.e. add the accrued interest to the amount you want to save
    • Automatic renewal of the deposit without interest capitalization
    • Liquidation of the deposit upon maturity, i.e. collect all money upon maturity
  • You can easily manage your savings and establish new term deposits using Idea::iBank internet banking service
  • You are always up to date and informed on the maturity of your deposit via the Idea::alerts service

Interest

The deposit interest rate is fixed, i.e. will not change for the duration of the contract. 

Idea::depo offers you the best deal for your business cash.

In addition, the deposit interest rate is fixed, i.e. will not change for the duration of the contract.

Value Deposit amount 1 month 3 months 5 months 6 months 9 months 12 months 18 months 24 months
LEI < 50.000 0,90% 1,10% 1,45% 1,45% 1,70% 2,15% 2,25% 2,25%
LEI > 50.000 0,95% 1,15% 1,50% 1,50% 1,75% 2,20% 2,30% 2,30%
EUR < 15.000 0,25% 0,40% 0,65% 0,65% 0,90% 1,00% 1,15% 1,15%
EUR > 15.000 0,35% 0,50% 0,75% 0,75% 1,00% 1,10% 1,25% 1,25%
USD < 15.000 0,50% 0,60% 1,15% 1,00% 1,00% 1,20% 1,25% 1,25%
USD > 15.000 0,60% 0,70% 1,25% 1,10% 1,10% 1,30% 1,35% 1,35%
GBP any amount 0,70% 0,75% - 0,85% 0,90% 1,00% 1,00% -
PLN any amount 0,80% 0,75% - 0,70% 0,65% 0,50% - -
  • the interest rates in the table are per annum and valid as of 16.10.2017
  • standard interest rates for term deposits are valid for amounts up to EUR 1 million or equivalent per client.

Idea Bank S.A. is a credit institution participating in the Deposit Guarantee Fund in the Banking System in Romania, up to the maximum threshold notified by the latter (100,000 euro). More details here: www.fgdb.ro

Costs

ZERO fees for setting up, management or upon maturity!

Deposit set-up fees:
  • Cash deposit fee: 0 lei
  • RON current account opening fee: 0 lei
  • EUR/USD current account opening fee: 0 lei
Fees during the deposit validity:
  • Deposit account management fee: 0 lei
  • Monthly current account management fee for a RON deposit: 15 lei/month
  • Monthly current account management fee for a foreign currency deposit: 2 monetary units/month
Fees upon deposit maturity:
  • Cash withdrawal (liquidation) fee upon maturity: 0 lei
  • Deposit renewal fee: 0 lei

How to apply

You have several choices: in our branches, online or via Idea::iBank.

To establish an Idea::depo term deposit you can either:

  • Visit one of our branches
  • You can leave us your contact data by filling in the online form in this section, after clicking the Apply now button
  • If you are our client, you can set up a term deposit directly from Idea::iBank internet banking service.

Useful information

See below useful information for depositors

Starting from 21.03.2016, standard interest rates for term deposits are valid for amounts up to 1 million euro or equivalent/client.

Idea Bank S.A. is a credit institution participating in the Deposit Guarantee Fund in the Banking System in Romania, up to the maximum threshold notified by the latter (EUR 100,000). More details here: www.fgdb.ro

Please find below the information for depositors according to the provisions of Law no. 311/2015 on deposit guarantee schemes and the Bank Deposit Guarantee Fund.

Apply for Term deposits for businesses

We will get back to you in no time!