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Term deposits
Invest in term deposits online through your e-Banking or by appointment at a branch.
Why invest in term deposits
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.
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
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
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.
Apply provided you...
- Have updated your details at Alpha Bank.
- Have e-Banking credentials.
- Want to open an Alpha online term deposit or an Alpha online term deposit with Bonus.
Have at hand...
- Your Taxisnet credentials, if you haven’t updated your details and want to do so through eGov-KYC.
- The supporting documents you’ll need, if you haven’t updated your details and choose to do so by uploading the documents.
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.
With information about MiFID
Find documents and information about the EU Markets in Financial Instruments Directive (MiFID I and II).
Open a term deposit
In the way it works for you: online from your computer or by booking an appointment at a branch.