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Deposit Asset Progression 3

Deposit Asset Progression 3

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Deposit Asset Progression 3 is a quarterly growing term deposit, which combines an excellent profitability, increasing for a maximum of 12 periods at each subsequent renewal of the deposit term. The product offers options to withdraw funds at maturity and deposit additional funds without restrictions at any time.

  • Choice of two currencies;
  • Short and flexible terms;
  • Fixed interest rate for the respective 3-month period;
  • Progressively growing attractive interest rates for each subsequent 3-month period up to the twelfth one;
  • Depositing, withdrawal and account servicing at maturity are free of charge;
  • Option to withdraw funds at maturity up to the minimum opening balance;
  • Unrestricted additional depositing at any time;
  • Automatic renewal of the deposit without the need to visit the Bank on maturity date;
  • Free issuance of debit card, protected by chip and an option to use additional services - MasterCard SecureCode, SMS notification, Asset electronic utility bills;
  • Possibility of issuing Asset revolving credit card - MasterCard Standard/Gold, with the funds from the deposit serving as collateral, at exceptionally favourable interest rate terms – respectively 7% for MasterCard Standard / 6% for MasterCard Gold for purchases and cash withdrawals;
  • Free activation of the online banking service - Asset Online.
  • Currency: BGN, EUR;
  • Minimum opening balance: BGN 500 / EUR 250;
  • Term: 3 months.

Annual interest rate:

3-month period BGN EUR
1st 0.20% 0.15%
2nd 0.25% 0.20%
3rd 0.30% 0.25%
4th 0.35% 0.30%
5th 0.40% 0.35%
6th 0.45% 0.40%
7th 0.50% 0.45%
8th 0.55% 0.50%
9th 0.60% 0.55%
10th 0.65% 0.60%
11th   0.70% 0.65%
12th 0.75% 0.70%

 

Terms and Conditions for Interest Rates, Fees and Commissions Applied to Physical Entities` Transactions.


The funds deposited on accounts with International Asset Bank AD are guaranteed in accordance with the Bank Deposit Guarantee Act.

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