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June 27, 2022
BUSINESS BUSINESS COMPANIES ECONOMY FINANCE&BANKING

OTP Bank Romania launches “Fresh Cash”, term deposits of 6 and 12 months in lei with interest of up to 5.30% per year

OTP Bank Romania launches the “«Fresh Cash» term deposits in lei for 6 and 12 months” campaign, which places it among the banks with the highest interest rates on newly made deposits in lei.

Clients will thus be able to obtain an interest of up to 5.30% per year for the “Fresh Cash” deposit on a 12-month term, with ZERO opening, liquidation, and cash withdrawal fees. The latter benefit applies in the case of cash withdrawals when a term deposit reaches maturity.

Deposits may be accessed either at a bank agency, with an interest rate of up to 5.10%, or through the bank’s digital channels. Clients that choose to open deposits through the Mobile Banking service – SmartBank, or through the Internet Banking service – OTPdirekt, will benefit from a bonus of + 0.2%, meaning a total interest of up to 4.80% per year for term deposits in lei for 6 months, respectively an interest of up to 5.30% per year for term deposits made for 12 months, in lei.

The campaign is designed for new or existing customers that want to set up a deposit with new funds, for a minimum amount of 1000 lei.

At maturity, customers may opt for an automatic deposit extension, with or without capitalization.

The offer is valid until July 18, 2022, for deposits consisting of additional amounts from the client, calculated compared to his existing holdings in current accounts or savings and investment products of OTP Bank, as of May 17, 2022.

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