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Term deposits

Invest in term deposits online through your e-Banking or by appointment at a branch.
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Why invest in term deposits

  • To secure your money

    You run no risk of losing part of your money when investing in simple term deposits. That’s why the returns are usually lower compared to other investments.

  • To ensure greater liquidity

    You invest in the short term and have easy access to your money if you need it.

What you need to know about term deposits

Find out what term deposits are and how they help you.

Specified term and guaranteed principal

Term deposits are a type of deposit that gives you a specific interest rate for a pre-agreed period of time.

The principal, i.e. the money you deposit, is locked up for that period; that’s why the interest rate is usually higher than that of a simple bank account.

They carry a low investment risk, as you do not run the risk of losing your principal. That’s why their returns are usually lower compared to other types of investments.

 

Combination of deposit and investment

Structured term deposits combine 2 products: a term deposit and a financial instrument, such as an option.

Through the financial instrument, you have the chance of higher returns, provided an investment contract is fulfilled. This could depend on the progress of interest rates, financial indices, foreign exchange rates, etc.

However, when you participate in a structured term deposit, you must have been fully informed of the:

  • Investment contract that needs to be fulfilled, so the additional return is triggered.
  • Extent to which you are exposed to risk and whether your investment principal is protected.

Find the right term deposit for you

Before you choose a term deposit, ask yourself:

  • What term am I after – How long do you want to keep your money locked up? Is there a chance you’ll need it earlier? Will the interest rate be higher if you lock up your money for longer?
  • When will I collect the interest – Will you collect the interest at the maturity of the term deposit or at regular intervals?  
  • What if I need my principal earlier – Is there an up-front penalty or will you just lose the interest for the remaining term?
 

Find a term deposit

Have a look at the choices we offer and find out how to invest your money.

Alpha online term deposit

With low initial deposit and immediate withdrawal any time you want.
alpha-online-term-deposit

Alpha online term deposit with Bonus

Bonus points as a gift depending on the term and amount in your term deposit.

Simple term deposit

With negotiable interest rate, and the currency, term and amount of your choice.
simple-term-deposit

Alpha term deposit with Bonus

With €20,000 minimum deposit and up to 141,000 Bonus points.
alpha-term-deposit-with-bonus

Alpha monthly progress

Savings and favourable returns to increase your money every month.
alpha-monthly-progress-term-deposit

Alpha progress plus

With €20,000 initial deposit for 12 months and tiered interest rate.
alpha-progress-plus-term-deposit

Extra Profit

Explore the potential of achieving high returns by investing in the Extra Profit structured term deposits.

Invest in a term deposit with features similar to a structured deposit, secure guaranteed minimum interest rate and earn more, provided the predefined condition is met.

Find out more about the structured term deposit

Can I apply for a term deposit online?

Have a look at the conditions to apply for a term deposit online, from your mobile or computer.

Find useful documents

Download the documents concerning all the investment products.

Investment guide (in Greek)

Investors’ Guide to MiFID (in Greek)

Pre-contractual information for the provision of investment services (MiFID II)

Need help?

We’ve put together useful information to find whatever you may need.

With questions about term deposits

Look through the FAQs about term deposits and find all the answers you need.
View the FAQs

With questions about investments in general

Look through the FAQs about investment products and find all the answers you need.

With information about MiFID

Find documents and information about the EU Markets in Financial Instruments Directive (MiFID I and II).
Find out more

Open a term deposit

In the way it works for you: online from your computer or by booking an appointment at a branch.

Log into e-Banking

From your computer or mobile, and apply without visiting a branch.

Book an appointment

On the day and time it suits you and bring along the supporting documents you need.

Start banking with us

Open your first account with Alpha Bank and get e-Banking credentials online.