Time Deposit Account

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Save Profitably with the DenizBank AG Time Deposit Account

DenizBank AG's Time Deposit Account is the ideal solution for investing your money safely and profitably.

Set an amount startng from €1,000 and choose an investment term that suits your goals. At the end of the term, your interest is automatically credited to your existing account.

  • Fixed interest rates* for the entire term

    Choose individually between terms from 3 months to 10 years.

  • Free online account management

    Unlimited number of Time Deposit Accounts.

  • Open Account Online

    Open your Time Deposit Account on DenizMobile or Internet Banking.
Open Account Online
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The Simple Alternative to Saving Books

Free online account management

DenizBank AG offers you the Time Deposit Account free of charge.

We offer you fixed interest rates*

The interest rate agreed when you open a Time Deposit Account is guaranteed for the entire term.

Flexible terms

You can choose freely between 3 months and 10 years.
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Three Good Reasons to Open a Time Deposit Account

Predictability of returns: Time Deposit Accounts offer a high degree of predictability in terms of interest income, as interest rates are fixed for the entire term. This enables precise financial planning and helps to calculate future expenditure.
Low risk: Time Deposit Accounts are considered a more secure form of investment with a low risk compared to shares or other investments. The money is invested for a fixed term and is not exposed to market fluctuations.
Simple management: Managing a Time Deposit Account is straightforward. Once opened, you don't have to worry about daily fluctuations or administration costs.

How to open your Time Deposit Account

Free Payment Account
The first step is to open a free Payment Account. This serves as a reference account for your savings transactions.
Time Deposit Account
From this savings account, you can open your fixed-interest Time Deposit Account yourself via Internet banking.
Your Interest Income
At the end of the term you have specified, the interest is credited to your Time Deposit Account.

DenizMobile App & Internet Banking

With our modern internet banking and the free DenizMobile app, you have your finances under control anytime and anywhere.
  • Simple operation & modern design: banking transactions even more convenient.
  • Anytime, anywhere: make transfers, standing orders and much more online.
  • Conclude everything online: Fixed-term deposits or call money accounts now simply via the app.

Frequently Asked Questions

The Time Deposit Account is an Online Deposits Account at DenizBank AG. A specific amount (minimum amount 1.000 Euro) is invested in a Time Deposit Account. You can choose the duration of the investment yourself. At maturity the interest will be credited to your account.

The interest rates on time deposit accounts vary for each term, which can last from 3 months to 10 years:

  • 3 Months: 1.90 %
  • 6 Months: 1.95 %
  • 9 Months: 1.80 %
  • 12 Months: 1.95 %
  • 18 Months: 1.80 %
  • 24 Months: 2.00 %
  • 36 Months: 2.00 %
  • 4 Years: 2.00 %
  • 5 Years: 2.15 %
  • 6 Years: 1.90 %
  • 7 Years: 1.90 %
  • 8 Years: 1.90 %
  • 9 Years: 1.90 %
  • 10 Years: 1.90 %
    • The minimum deposit amount is 1.000 Euro.
    You transfer your deposit to your Payment Account, then open a Time Deposit Account and the deposit amount will be transferred to this account.
    After expiration of the term (i.e. on maturity), the accumulated interest will be credited to your Time Deposit Account.
    You have three different repayment options at maturity:
    • Re-payment at maturity
      The amount will be transferred to your Payment Account at maturity.
    • Re-invest of interests and capital:
      The interests and capital will be reinvested for the same term with the interest rate applicable at the time of maturity.
    • Re-invest of capital:
      The capital will be reinvested for the same term with the interest rate applicable at the time of maturity. The interests will be transferred to your Payment Account.
    You can open an unlimited number of Time Deposit Accounts at DenizBank AG.
    The agreed interest rate for your Time Deposit Account at account opening is guaranteed for the entire term.
    Denizbank AG offers you the Time Deposit Account free of charge.
    Please send a written application by mail to DenizBank AG Contact Center (Thomas-Klestil-Platz 1, 1030 Vienna) or visit one of our branches .
    Payments made prior to the end of the term are to be treated as advances, and interest is to be calculated accordingly. For these advances, 0.1% is to be charged for each full month by which the commitment period is not observed. However, interest on advances must not exceed the total credit interest accrued on the amount accepted; to the extent necessary, charges may be applied retroactively to credit interest paid out in the preceding year in cases where the credit interest for the current year is not sufficient. Any reduction of a commitment duration will also trigger interest on advances. Furthermore, point IV.6. of the Special Terms and Conditions for Online Saving applies.

    *Interest rates p.a. valid only for retail customers and until revoked.