Rising interest rate
The interest rate increases every three months.
Step Up
Save smartly with a rising interest rate and unrestricted access to your funds.
Unrestricted access to your funds
Withdraw and deposit at any time.
No fixed term
A flexible solution for both long-term and short-term goals.
24/7 access to your funds
Monitor and manage your money through the bank's digital channels.
No fees
for opening or closing the account.
Specifications:
- Currency – EUR
- Minimum account balance – EUR 2,500 (BGN 4,889.58)
- Deposits – up to EUR 5,000 (BGN 9,779.15) per month (a month is counted as 30 days from the date the account is opened)
- Withdrawals – at any time, down to the minimum balance
- Interest payment – accrued interest is credited to the account every 12 months from the date the account is opened
- Upon closure of the account, the interest accrued to that point is paid out
Useful information
Annual interest is applied to the available balance in the account, according to a fixed interest rate scale for the next 12 months. The start of this scale is the date the account is opened. After 12 months, a new 12-month interest rate scale is applied to the account, according to the current Interest Bulletin.
Existing customers who want to take advantage of the terms of the 'Step Up' Savings Account by transferring funds from their current, savings, and/or deposit accounts at the Bank need to increase the amount they deposit by at least 25% when opening the 'Step Up' Savings Account.
