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DP Novos Recursos 6 Meses – New Funds 6 Month Term Deposit

A term deposit designed for customers bringing new funds to the bank.

MINIMUM AMOUNT
TERM
SUBSCRIPTION

New Funds 6 Month Term Deposit

New Funds 6 Month Term Deposit is a redeemable term deposit, exclusively for funds transferred or deposited into novobanco within the 30 days prior to opening the deposit, resulting in an increase in the assets held with the bank.

For more detailed information, please consult the FIN (Standard Information Form).

The deposit can be opened at novobanco branches, via novobanco Online or through the App, for customers who meet the access conditions.

 

Term6 months. 
After the initial term, the deposit is automatically renewed once for the same period. Upon renewal, the interest rate applied will be 0.10% (TANB – Gross Nominal Annual Rate).
Interest rates

€2,500 – €9,999.99: 1.30% TANB 
€10,000 – €49,999.99: 1.31% TANB 
€50,000 – €99,999.99: 1.40% TANB 
€100,000 – €200,000: 1.40% TANB

Amounts

Minimum opening amount: €2,500 
Maximum opening amount: €200,000 
Minimum balance to maintain: €2,500

Interest paymentInterest is paid at maturity by crediting the associated current account.
Early redemption

Allows full or partial early redemption, with total loss of accrued and unpaid interest on the redeemed amount.

Renewals and additional contributions

At maturity, the deposit is automatically renewed once for the same term. Upon renewal, the interest rate applied will be 0.10% (TANB).

Taxation

28% on returns.

New Funds 6 Month Term Deposit

Start saving without leaving the house

Documentation

Standard Information Sheet (FIN)* Standard Information Sheet (FIN)*

*Scroll down to find the english version

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PUB | NOVO BANCO S.A. | Registered no. 7 at Banco de Portugal