Banca March extends its six-month deposit at 2.11% and increases the maximum to 600,000 euros.
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Banca March has followed Ibercaja's lead in extending the maturity of some savings products and, on this occasion, has extended the terms of the Avantio 6-month Deposit, available through its digital platform, until September 15. The product will maintain its current yield to maturity of 2.11% APR , one of the highest on the market. Additionally, the maximum amount has been increased to €600,000, allowing customers to earn up to €6,300 per year if they invest the maximum amount allowed.
The Avantio 6-month deposit, available online, is exclusively for new customers and requires a minimum investment of €30,000 . The product offers full liquidity to savers, who can access their money at any time with a 1.51% APR.
In addition to the 6-month deposit, customers can also choose the 12-month Avantio Deposit, which offers a 1.85% APR . This product, with the same minimum (€30,000) and maximum (€600,000) terms, allows for early redemption, interest settlement at maturity, and a renewal option. It will be available until September 5, 2025, or until the issue volume is exhausted.
In this way, the bank consolidates its product offering aimed at digital savers with prudent profiles, but who do not want to give up achieving good returns. Avantio customers have access to a comprehensive range of savings and investment products and the option of personalized advice from an expert manager, a hallmark of the bank. Furthermore, Banca March's digital platform offers a range of fixed-rate, mixed-rate, and variable-rate mortgages with no origination fee and a maximum term of 30 years.
Miguel Corredoira, Deputy General Manager of Banca March and Head of Business Development, stated that "at Banca March, we continue to be committed to offering digital savers profitable and competitive products . Furthermore, our Avantio customers have a differentiating factor that is part of Banca March's DNA: access to an expert manager who supports them at all times, while they have the security of being part of the most solvent bank in the country."
El Confidencial