Citi Handlowy has increased the interest rate on its online term deposit, T-Lokata, to 6.20% per annum.
T-Lokata with Citi Handlowy can be opened individually by each Citibank Online user who has a Citibank Personal Account. The new interest rate on a six-month T-Lokata is 5.50% per annum.
A nine-month T-Lokata pays 5.75% interest per annum and the rate of return on a 12-month T-Lokata is as much as 6.20% per annum. The minimum investment amount required to open T-Lokata is PLN1,000.
Remigiusz Holdys, responsible for personal accounts and deposits at Citi Handlowy, said: We already offer our customers unlimited access to money kept in the high-yield Citibank Savings Account and now we are giving them one of the highest term deposit interest rates in the market.
Additionally, for a few years now, Citi Handlowy has been offering a wide range of insurance and investment products, including products with 100% capital guarantee, to customers who are looking for even higher returns.