Alpha progress plus term deposit
Interest paid every 3 months
Discover the features
What’s the return
Tiered interest rate
The interest rate increases at each interest period, i.e. every 3 months, depending on the initial deposit and the total term of your term deposit.
The term deposit interest rate may reach up to 0.90%.
Interest paid every 3 months
The interest from your term deposit is paid into your linked account every 3 months.
What it offers you
20,000 minimum initial deposit
With a minimum amount starting at €20,000, you have the chance to benefit from the returns of a term deposit.
12-month term
The term may range from 3 to 12 months. It cannot be extended.
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.
Amount increase option
You can increase your deposit amount from €30,000 to €300,000 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 progress plus term deposit.
How can I open the term deposit?
Apply provided you...
- Have €20,000 for the minimum 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.
Any questions?
Find the answers you need about term deposits with interest payment every 3 months.
BACK