Porsche Bank AG provides products and services in the areas of retail banking, leasing, insurance. Porsche Bank AG offers a range of products including savings accounts (0.20 - 0.20 %), time deposit accounts, car loans.
Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.
Porsche Bank AG offers the following savings accounts.
Updated on 21 October 2020
Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with Porsche Bank AG are covered by deposit guarantee scheme of Austria up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Austria is not taxed. Interest gained on savings accounts by residents of Austria is taxed at 25.00% rate. When the interest is paid, this tax is automatically withhold by Porsche Bank AG from the savings account.