Deposits Make Your Savings Earn Interest

You can open a deposit when you log in to the internet bank using your ID card or Mobile-ID. Additional identification at a branch is not necessary for opening a deposit.

After the expiry of the deposit period, Inbank will transfer the deposit and interest amount to your customer account from which you can transfer the money to your personal current account. The transfer is free of charge. Inbank will not send a separate notification about the expiry of the deposit. Log in to the Inbank internet bank to check the balance of your customer account and the expiry date of your deposit agreement.

A customer account is an account where the deposit and interest amount are held at the time when it is not held in an active deposit. You can transfer money to the customer account using the number of the Inbank current account given in the deposit agreement and your personal customer account reference number. The customer account is not a current account and payments cannot be made from it. You can transfer the amount in the customer account back to your current account from which you made the initial deposit payment to Inbank. The annual interest return of the customer account is 0.00%.

Inbank offers the option to choose automatic renewal for deposits during the deposit period. This means that after the expiry of the selected period, the term of the deposit will extend automatically by the same period. For example, if you choose one year as the period and opt for automatic renewal, the deposit will extend for another year after the first year. The new interest will be the deposit interest effective on the day of renewal plus 0.10%. This means that you can earn more interest than the ordinary interest rate in the price list if you opt for automatic renewal. You can set and cancel the automatic renewal of a deposit the day before the expiry of the specific deposit.

You can cancel your deposit at any time by submitting a written application to info@inbank.ee. Inbank will not pay interest for the deposit period in the case of early termination. The deposit amount will be paid back to the customer account within 30 days. If you would like to get the deposit amount earlier, Inbank has the right to request the early payout fee according to the effective pricelist.

Inbank is a bank, so the deposits of our clients are guaranteed by the National Guarantee Fund. The deposits of our clients with accumulated interest are compensated in full, but for no more than 100 000 euros. Further information about the deposit guarantee can be found on the website of the Guarantee Fund and in the Guarantee Fund Act.

When you fill in the deposit application, you can choose whether the interest payment will be made at the start of the period, every month or at the end of the period. 0.30% is subtracted from the interest rate if the interest payment of a term deposit is made at the start of the deposit period. 0.15% is subtracted from the interest rate if the interest payment of a term or flexible deposit is made every month.

Да. Начиная с 2018 года государство облагает подоходным налогом процентный доход с банковских вкладов, полученный в 2018 году и позднее. Ставка применяемого подоходного налога – 20%. Дополнительную информацию об этом Вы можете посмотреть на странице «Налогообложение процентов по вкладам».