New savings account launched

Monabanq has launched a new savings account called Rentabilis, offering a high interest rate for deposits up to 150,000 euros. The account provides a gross annual nominal rate of 3% for amounts within this limit, but only if opened by October 30, 2026.

Promotional rates and terms

The promotional rate of 3% applies only to the first 150,000 euros deposited. Any amount above this threshold earns a lower rate of 1.70% annually, which may change based on the bank's terms. After the 12-month promotional period, all funds will earn 1.70% annually, excluding social and tax deductions.

Account requirements and restrictions

To open Rentabilis, applicants must submit valid identification and have their application approved by Monabanq. The account cannot be opened if the user already holds a Monabanq savings account. No current account is required to open Rentabilis.

Fees and accessibility

The account has no fees for maintenance, application, or opening. Deposits can be made through transfers or checks, and funds are accessible at any time via the Monabanq website or app. Withdrawals can be made by transferring the money through the same platform.

Interest calculation method

Rentabilis calculates interest daily from the first day of deposit, with the annual interest paid during the first week of January. The interest is adjusted if there are new deposits, withdrawals, or rate changes. The calculation is subject to current social and tax deductions.