PKO BP has introduced a 10% deposit, but this requires additional conditions to be met, this is not a standard requirement for using a credit card or making a payment of a certain amount. The welcome deposit for new customers has disappeared from the offer.
There were a few surprises in the PKO Bank Polski interest rate table published on June 1st. First, the bank introduced a deposit at 10 percent. Few banks offer a deposit at 7 percent. (and if anything, only for new funds or even new clients, which greatly limits the number of clients), so the PKO offer is worth noting. Existing customers can also take advantage of the high interest rate, but additional conditions must be met.
PKO BP: 10% deposit, but with conditions
The IKO birthday deposit – because that is the name of the product – is an offer available to owners of a personal account with PKO Bank Polski only in the IKO mobile app. You can install it for 6 months and pay from PLN 1,000 to PLN 50,000. Only one deposit can be active. After the end of the contract, the money will be transferred to your account.
That savings are covered by 10 percent. rate, the account holder must meet at least one of the following requirements:
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purchase of units in PKO TFI investment funds in the IKO application - opening a new register or purchasing PKO TFI investment funds if the client already has them, or
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the purchase of any new PKO Towarzystwo Ubezpieczeń SA insurance in the IKO app (does not apply to renewal) or
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creation of any permanent orders in IKO.
If the condition is not met, an interest rate of 5% is charged.
The 8 percent deposit has disappeared from the offer.
Where someone can win, others will lose. The bank has reduced the deposit rate on new funds for 3 months. Instead of the previous 7 percent. will be only 6%. The Good Morning deposit for new customers has disappeared from the bank’s offer. Increased rate of 8 percent. was valid for 3 months.
PKO is not the only bank cutting interest rates. While six months ago, deposits at 8 percent. offered by most banks, now we need to get used to the idea that we will earn a maximum of 6 percent. - minutes income tax.
Source: Wprost
I am George Brown, author at Daily News Hack. I mostly cover economy news and I have been doing this for quite some time now. I have a lot of experience in this field and I’m always looking for new opportunities to learn more.
