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2.1

MyInvestor raises 6-month deposit rate to 3% TAE, tied to portfolio

Spanish digital bank MyInvestor increased its 6-month deposit rate to 3% TAE for clients with an automated portfolio of at least €150, and 2.75% for others. This reflects competitive pressure in Spanish retail deposit market as banks vie for funds. The move signals continued rate competition but is a minor product-level change.

Expansión2 days agoESCredibility 23%View source

Score Breakdown

Mosaic Score2.1
Model confidence0.9
Significance0.1
Source credibility0.2

Intelligence Tags

#deposits#retail banking#spain#interest rates#myinvestor
Source

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