Postbank improved the conditions on its “Active Money” term deposit which gives clients an increasing interest rate. The fixed-term deposit can be opened for a fixed period of 6 or 12 months. The annual interest rate for the 12-month term deposit grows every three months for the duration of the term reaching 12% in BGN, 9% in EUR, and 7% in U.S. dollars at the end of the period.
The “Active Money” deposit gives customers both high profitability and access to their savings. Throughout the fixed term additional funds can be deposited and can be withdrawn from the deposit – customers may additionally deposit 2,000 currency units per month and may withdraw up to the minimum opening amount (1,000 currency units). Additional convenience for clients is Postbank’s extensive branch network throughout the country which gives clients easy and reliable access to their funds.