Banca March raises interest on Avantio Flexible Deposit to 3.10% AER 16 April 2024 Category: Products This is a 12-month deposit exclusively for new digital customers, which can subsequently be renewed. The product offers one of the highest interest rates on the market and allows early cancellation at any time at an AER of 1.51%. The account is available until 31 May through the bank's online channels, with a minimum deposit of €10,000 and a maximum of €2,000,000. Banca March has raised the interest on its Avantio Flexible Deposit to 3.10% AER. This exclusive product is aimed at new digital customers with prudent investment profiles who do not want to forgo returns. As well as offering a 12-month interest rate of 3.10% AER, one of the highest on the market, it allows early cancellation at any time with full repayment of the funds in the account and an interest rate of 1.51% AER. This deposit account matures at 12 months and can be renewed upon maturity. The minimum deposit per customer is €10,000 and the maximum is €2,000,000. The Avantio Flexible Deposit can be opened through the bank's digital channels until 31 May or until this issuance is fully subscribed. For digital customers only In order to take out an Avantio 12-month Flexible Deposit, customers must open an Avantio digital account. The Avantio account has no maintenance or transaction fees and account holders are provided with a free debit card and a personal remote manager. This account offers an attractive return of 2.53% AER up to a maximum balance of €50,000 when a salary or pension is paid into the account. This means a customer whose salary or pension is paid into the account and has a balance of €50,000 would earn gross interest of €1,265 in a year. The Avantio account is designed to meet the needs of the bank's online customers, as well as facilitating access to daily savings with no need for any operations or transactions, offering a rate of 1% AER if the customer does not have their salary or pension paid into the account.