PickTheBank and Lidion Bank Raise EUR Fixed Deposit Rates to 2.5% p.a. for Terms from 1 to 5 Years

3-month EUR deposits now earn 2.20%; 6- and 9-month 2.25% — with USD up to 3.80% and GBP up to 3.35%

PickTheBank, the European savings marketplace, announced that Lidion Bank has increased interest rates on EUR fixed-term deposits available via the PickTheBank platform to up to 2.5% per annum, with maturities ranging from 1 to 5 years.

The updated rates allow customers to apply for eligible fixed-term deposits through PickTheBank, select a preferred term, complete the application, and manage deposits online.
“Raising rates to up to 2.5% in EUR is a meaningful improvement for savers who want predictable returns,” said a PickTheBank spokesperson. “Together with Lidion Bank, we continue expanding access to competitive deposit products through a simple, digital experience.”

Read More on Fintech : Global Fintech Interview with Kristin Kanders, Head of Marketing & Engagement, Plynk App

Lidion Bank’s refreshed EUR fixed deposit offering is available immediately to eligible customers through PickTheBank.
Customers can review the terms, select the maturity option that fits their goals, and submit their application through the platform.

Catch more Fintech Insights : When DeFi Protocols Become Self-Evolving Organisms

[To share your insights with us, please write to [email protected] ]

The post PickTheBank and Lidion Bank Raise EUR Fixed Deposit Rates to 2.5% p.a. for Terms from 1 to 5 Years appeared first on GlobalFinTechSeries.