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DP Crescente 24 Meses – 24‑Month Step‑Up Term Deposit

Save with a term deposit that grows.

MINIMUM AMOUNT
TERM
SUBSCRIPTION

About the product

24‑Month Step‑Up Term Deposit allows you to open a term deposit without leaving home.

It is a term deposit with increasing interest rates over time, available through the novobanco Online website or the App.

 

Term24 months.
Interest rates

1st semester: 0.50% 
2nd semester: 1.00% 
3rd semester: 1.50% 
4th semester: 2.25%

Average TANB (Gross Nominal Annual Rate): 1.3125%

Amounts

Minimum opening amount: €10,000 
Minimum balance to maintain: €10,000

Interest paymentInterest is paid semi‑annually by crediting the associated current account.
Early redemption

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

Additional contributionsNot allowed.
Taxation28% on returns.

24‑Month Step‑Up Term Deposit

Save without leaving home

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