Alpha monthly progress term deposit
With monthly interest payment
Discover the features
What’s the return
0.01% interest rate
Secure a return of 0.01% every month, no matter how much money you’ve deposited.
Interest paid every month
Alpha monthly progress is a term deposit with monthly interest payment. This means that the interest is paid into your account every month and you can use it straight away.
What it offers you
€10,000 minimum initial deposit
With a low initial deposit starting at €10,000, you have the chance to benefit from favourable returns from a term deposit, compared to other types of investment.
6-month term
Your deposit has a 6-month term. This way, you don’t need to lock up your money for a long period of time.
Option for immediate withdrawal
If something unexpected comes up, you can withdraw your money free from fees on the date interest is paid. If you choose to withdraw your money earlier, there is a fee.
Monthly amount increase
You can increase your deposit amount from €5,000 to €200,000 before the date interest is paid, provided that:
- You give the order up to 1 business day in advance.
- It is not the last interest payment period.
Detailed info
See a detailed list of the returns and features for the Alpha monthly progress term deposit.
How can I open the term deposit?
Apply provided you...
- Have €10,000 for the minimum initial deposit.
- Have booked an appointment at an Alpha Bank branch.
Have at hand...
The necessary supporting documents depending on whether you:
- Already bank with Alpha Bank and have updated your details.
- Want to start banking with us or haven’t updated your details.
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Any questions?
Find the answers you need about term deposits with monthly interest payment.
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