Banca March extends the marketing of the Depósito Flexible Avantio 3.30% AER until 31 December
19 October 2023 Category: Products
- The maximum contracting amount is up to 2,000,000 euros, with a minimum contribution of 10,000 euros.
- Depósito Flexible Avantio is a 12-month deposit that allows early withdrawal at any time, in which case the interest to be received is 1%.
- The deposit, aimed at new digital customers, can be arranged through Avantio, the most comprehensive investment platform on the market.
- The product offers one of the most attractive returns (3.30% AER) in the market and is backed by the bank with the highest capital equity ratio (19.61%) in the sector.
Banca March has extended the marketing period of the Depósito Flexible Avantio 12-month deposit at 3.30% until 31 December, so more savers can benefit from a product that offers one of the most attractive returns (3.30% AER) in the market. This product is specially designed for new digital customers with conservative profiles and is backed by the bank with the highest capital equity ratio in Spanish banking (CET1 at 30 June of 19.61%).
Expanding limits and flexibility
The maximum deposit amount has been increased to 2,000,000 euros, while the minimum contribution per customer to set up the account remains at 10,000 euros. The Avantio 12-month Flexible Deposit 3.30% APR is fully available to the customer, who may cancel it early without fees at any time. In this case, the customer will receive the amount of the deposit plus the remuneration corresponding to the nominal annual rate of 1%.
The deposit account can only be opened by new digital customers on Avantio, the most comprehensive investment platform on the market, offering optimal omnichannel services whilst delivering the tailored, expert advice which is the hallmark of Banca March. As long as the customer maintains an investment of €10,000 in savings or investment products and conducts transactions through digital channels, Banca March's Avantio account offers multiple advantages such as no maintenance fees, a free debit card, free online SEPA transfers, as well as a remote personal manager to advise the customer whenever they need it.
Bonuses for the transfer of funds and securities
Moreover, when new customers transfer and purchase funds through Avantio, they receive a bonus of 1%, up to a maximum amount of 2,000 euros, while the transfer, purchase and sale of securities carries a bonus of 0.4% of the valuation of the shares transferred, up to a maximum amount of 1,800 euros. Avantio's digital customers will also be exempt from fees on the purchase and sale of securities throughout the year, up to a maximum amount of 1,200 euros.
Banca March consolidates its leadership in advisory technology, where Avantio is the main lever for providing a quality service to customers with a digital profile. For these customers who are familiar with new technological advances, Banca March offers a range of services and products that are recognised for their quality.