Savings in August: Where to put money? Overview of offers from banks and pawnshops

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Expobank

When an existing bank client makes an offer to a new client promo code and bonus 500 CZK for opening an account in Expobank, they both get five hundred from the bank. The interest rate is 4.61% p.a. with no limit on the amount of the balance.

  • The event lasts until: 31 March 2023

Blue pyramid construction savings bank

Saving Wisely: 3 % p.a. up to the target amount of CZK 300,000

Building kit Combi: 3,50 % p.a. up to the target amount of CZK 300,000. The condition is to open an account at Komerční banka. (Detailed conditions)

  • The event lasts until: 31 August 2022

MONETA construction savings bank

Bonus 2000 CZK to building savings.

Conditions:

  • Target amount min. 200,000 CZK.
  • Deposit at least 1% of the target amount into the building savings account within 4 months of signing the contract. (Detailed conditions)
  • Action lasts until: appeal

NEY savings association

Special interest rates for term deposit with interest at the end of the deposit:

  • 3 months: 6,75 % p.a.
  • 6 months: 7 % p.a.
  • 1 year: 7,25 % p.a.
  • 2 years: 6 % p.a.
  • The event lasts until: 31 August 2022

Raiffeisen building society

Bonus 2000 CZK you can get a bill + building kit when negotiating a package. If you set up a Raiffeisenbank Smart Account and RSTS building savings through the RSTS website, Raiffka will give you CZK 1,000 and RSTS another CZK 1,000. It has two hooks.

1. You must open an account with Raiffeisenbank via kodex mobility of the clientthat is, when negotiating this package, you indicate which account in the competing bank you are canceling.

2. You must comply the condition of active use of the account at Raiffeisenbank. In two of the following 4 months after the account was arranged, you will fulfill the condition of three outgoing card payments, while card payment at a merchant or card payment on the Internet is counted.

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If you do not fulfill this requirement at Raiffeisenbank, you will only receive a bonus from RSTS (CZK 1,000).

The next event is double interest until the end of 2027 (2× 1,50 % p.a.). The condition for obtaining an interest bonus is to have a balance of min. according to the table below:

RSTS premium condition
Calendar year Minimum balance on the building savings account as of December 30 of the calendar year
2022 20,000 CZK
2023 CZK 40,000
2024 60,000 CZK
2025 80,000 CZK
2026 CZK 100,000
2027 120,000 CZK

To give you an idea, if you send min. CZK 1,700, you can easily fulfill the condition.

  • Action lasts until: appeal

Construction savings bank Česká spořitelna

The interest rate guarantee is still running 2,50 % p.a. at 6 let.

Until the end of June, there was a promotion for a bonus of CZK 2,500. Whoever caught on to her and doesn’t save for a child did well. But who wants a contract for a child, a new promotion with a bonus is running from 7/29/2022 CZK 3,500 for a contract concluded for a child. The bonus is automatic and will be credited to the building savings account one month after the conclusion of the contract.

Conditions:

  • Save min. 2 years, otherwise you return the bonus,
  • can be concluded until the last day before the 18th birthday.
  • Action lasts until: appeal

UniCredit Bank

Interest rate 5,50 % p.a. for newly established account START, OPEN, TOP valid until June 30, 2023 for a balance of up to CZK 1 million.

  • The event lasts until: 30 September 2022

We are increasing

Expobank

Term Deposit

  • 1 year: 4.10 → 5,11 % p.a.
  • 2 years: 3.20 → 3,60 % p.a.
  • 3 years: 2.90 → 3 % p.a.
  • 4 years: 2.70 → 2,80 % p.a.
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Commercial Bank

Junior savings account: 3 → 4 % p.a. up to CZK 100,000

KB Savings account Bonus: 2,50 → 3,30 % p.a. up to 200,000 CZK

MONETA Money Bank

Term Deposit

  • 3 months: 3.80 → 4,80 p.a.
  • 6 months: 4.30 → 5,30 % p.a.

Savings account Savings / Savings D: 4,50 % p.a. → 5,10 % p.a. up to CZK 500,000

Oberbank

Term deposit Top Security

  • 6 months: 3.60 → 5 % p.a.
  • 9 months: 3.80 → 5 % p.a.
  • 1 year: 4 → 5,10 % p.a.

Term deposit Top Jistota Plus

  • Average interest rate: 4.20 → 4,50 % p.a.

The current interest rates are according to the deposit period:

  • 1-6 month 3.30 → 4 % p.a.
  • 7-12 month 3.90 → 4,10 % p.a.
  • 13-18 month 5.40% pa (unchanged)

We are reducing

Banks and pawnshops have not yet reduced savings interest rates in the past period and from 1 August 2022.

You’re losing money

Current interest rates of savings deposit products still they cannot cover rising inflation. When choosing any product, you actually lose because your money depreciates. Inflation in June 2022 was year-on-year 17,20 % p.a.but in reality it is higher.

Where to go with CZK 200,000 “bye”

Bank savings accounts without a notice period – sorted by the highest deposit interest rate above 4% pa, without investment conditions.

Savings up to 200,000 CZK
Bank/reserve Product Interest rate
UniCredit Bank Account START, OPEN, TOP 5,50 % p.a.
MONETA Money Bank Savings account Savings / Savings D 5,10 % p.a.
Expobank NEO account 4,61 % p.a.
Bank Credit Savings Account+ 4,50 % p.a.
Fio bank Fio account 4,50 % p.a.
Raiffeisen Bank HIT PLUS savings account with bonus 4,50 % p.a.
Hello bank! Hello savings account 4,50 % p.a.
J&T Bank J&T Savings Account 4,25 % p.a.
TRINITY BANK Savings account advantage+ Good client 4,08 % p.a.
Raiffeisenbank (Equa bank) EXTRA savings account 4 % p.a.
Air Bank Savings account with bonus rate 4 % p.a.
mBank eMax Plus 4 % p.a.
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Where to go with CZK 500,000 “bye”

Bank savings accounts without a notice period – sorted by the highest deposit interest rate above 4% pa, without investment conditions.

Savings up to CZK 500,000
Bank/reserve Product Interest rate
UniCredit Bank Account START, OPEN, TOP 5,50 % p.a.
MONETA Money Bank Savings account Savings / Savings D 5,10 % p.a.
Expobank NEO account 4,61 % p.a.
Bank Credit Savings Account+ 4.50% p.a., over CZK 350,000 3.10% p.a
J&T Bank J&T Savings Account 4,25 % p.a.
TRINITY BANK Savings account advantage+ Good client 4,08 % p.a.
Expobank NEO account 4,61 % p.a.
Raiffeisenbank (Equa bank) EXTRA savings account 4 % p.a.
mBank eMax Plus 4 % p.a.

Where to go with money over CZK 1,000,000 “see you”

Bank savings accounts without a notice period – sorted by the highest deposit interest rate above 4% pa, without investment conditions.

Current dates for August 2022

Savings account comparator

Max. the achievable interest rate at banks is

  • 5,50 % p.a. UniCredit Bank
  • 5,10 % p.a. MONETA Money Bank
  • 5 % p.a. mBank
  • 4,61 % p.a. Expobank
  • 4,50 % p.a. Raiffeisenbank, Banka CREDITAS, Fio banka, Hello bank!, MONETA Money Bank
  • 4,25 % p.a. Česká spořitelna, J&T Banka
  • 4,08 % p.a. TRINITY BANK
  • 4 % p.a. Air Bank, Fio Bank, J&T Bank

It is with pawnshops 4,75 % p.a.

Term deposit comparator

Max. achievable rate (without investment conditions)

  • 7,25 % p.a. NEY savings association
  • 6 % p.a. UniCredit Bank
  • 6,30 % p.a. Artesa spořitelní družstvo, UniCredit Bank
  • 5,75 % p.a. NEY savings association
  • 5,50 % p.a. J&T Banka, Raiffeisenbank
  • 5,20 % p.a. Bank Credit
  • 5,30 % p.a. MONETA Money Bank
  • 5,11 % p.a. Expobank
  • 5,10 % p.a. Oberbank
  • 5,08 % p.a. TRINITY BANK
  • 5 % p.a. ČSOB

Passbook Comparator

Max. the achievable rate is 2 % p.a.

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