Compare Savings Accounts in Italy

Updated on 26 August 2019

12 offers from 10 banks
Interest Rates: 0.04 - 1.50 % p.a.
Account Terms: 1 - 12 months
Rating
 (4.3)
Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.70 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year
Savings Account Provider
 (4.3)

Banca Popolare Lecchese was established in 1994. In 2016 Banca Popolare Lecchese was acquired by Oaktree Capital Management LP (United States) and was renamed to Banca Progetto. Banca Progetto is aimed to becoming a new specialized intermediary in the area consumer credit to households and financing of small and medium-sized Italian enterprises.

Rating
 (4.2)
Currency
EUR
Interest Rate (p.a.)
0.65 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.65 %
Max. Interest Rate (p.a.)
0.65 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year
Savings Account Provider
 (4.2)

Illimity Bank (formerly Banca Interprovinciale) is focused on providing specialised opportunities that fulfill the needs of families and small- and medium-sized enterprises (SMEs). Illimity Bank operates mainly in the areas of SME lending, corporate non-performing loans, delivering retail banking products and services to SMEs and families via direct channels and mobile banking. Illimity Bank was established as a result of the merger of of Spaxs and Banca Interprovinciale.

Rating
 (4.5)
Currency
EUR
Interest Rate (p.a.)
1.05 - 1.06 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
rendimax Like
Account Currency
EUR
Min. Interest Rate (p.a.)
1.05 %
Max. Interest Rate (p.a.)
1.06 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (4.5)

Established in 1983, Banca IFIS specializes in providing short-, medium- and long-term financing solutions to SMEs. In 2008 Banca IFIS successfully launched "rendimax" project to provide high-yield online saving accounts.

 IBL Banca
Italy
Rating
 (5.0)
Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
CONTOsuIBL Libero
Account Currency
EUR
Min. Interest Rate (p.a.)
1.00 %
Max. Interest Rate (p.a.)
1.00 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (5.0)

Originally established in 1927, IBL Banca (Istituto Bancario del Lavoro) started its operations as a financial institution in 2004 and as a bank in 2008. IBL Banca specializes in providing consumer credit and savings solutions to retail customers. IBL Banca also provides insurance products.

Rating
 (4.5)
Currency
EUR
Interest Rate (p.a.)
1.00 - 1.09 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
rendimax Vincolato
Account Currency
EUR
Min. Interest Rate (p.a.)
1.00 %
Max. Interest Rate (p.a.)
1.09 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (4.5)

Established in 1983, Banca IFIS specializes in providing short-, medium- and long-term financing solutions to SMEs. In 2008 Banca IFIS successfully launched "rendimax" project to provide high-yield online saving accounts.

 CheBanca!
Italy
Rating
 (2.4)
Currency
EUR
Interest Rate (p.a.)
0.25 - 1.50 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Conto Deposito
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
1.50 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
100 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
1 times a year
Savings Account Provider
 (2.4)

CheBanca! was established in May 2008 as a retail bank of Mediobanca Group and provides retail banking and insurance products and services. CheBanca! operates mainly online as a direct bank but also has a branch network.

 UniCredit
Italy
Rating
 (1.0)
Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Conto Risparmio Flessibile
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
0.10 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (1.0)

UniCredit SpA is the head bank of UniCredit Group, one of the largest European banking group with a strong presence in Central and Eastern Europe. UniCredit SpA operates as a universal bank: it offers a broad range of products and services in retail, corporate and investment banking and asset management. UniCredit SpA adopts a fully integrated multi-channel banking model, combining traditional channels with digital ones.

 Webank
Italy
Rating
 (2.5)
Currency
EUR
Interest Rate (p.a.)
0.10 - 0.38 %
Deposit Term
3 - 12 months
Savings Account Details
Product Name
Conto Webank
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
0.38 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (2.5)

Webank S.P.A. is a direct bank offering retail banking products and services via direct channels like Internet. Being a direct bank, Webank doesn't have to maintain a costly branch network and hence can offer its products and services at competitive prices. Webank operates as a subsidiary of Banca Popolare di Milano.

 IBL Banca
Italy
Rating
 (5.0)
Currency
EUR
Interest Rate (p.a.)
0.53 - 0.82 %
Deposit Term
6 - 12 months
Savings Account Details
Product Name
CONTOsuIBL Vincolato
Account Currency
EUR
Min. Interest Rate (p.a.)
0.53 %
Max. Interest Rate (p.a.)
0.82 %
Min. Deposit Term
6 months
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (5.0)

Originally established in 1927, IBL Banca (Istituto Bancario del Lavoro) started its operations as a financial institution in 2004 and as a bank in 2008. IBL Banca specializes in providing consumer credit and savings solutions to retail customers. IBL Banca also provides insurance products.

Rating
 (3.6)
Currency
EUR
Interest Rate (p.a.)
0.05 - 0.19 %
Deposit Term
6 - 12 months
Savings Account Details
Product Name
Conto Arancio
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.19 %
Min. Deposit Term
6 months
Max. Deposit Term
12 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (3.6)

ING Direct operates in Italy as a division of ING Bank (Italy). Being a direct bank, ING Direct doesn't have to support an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions. ING Direct offers a wide range of simple and transparent retail banking products at competitive prices like deposit accounts, current accounts, consumer and mortgage loans, investments, online trading and insurance.

Rating
 (2.6)
Currency
EUR
Interest Rate (p.a.)
0.04 - 0.13 %
Deposit Term
9 - 12 months
Savings Account Details
Product Name
ContoDeposito
Account Currency
EUR
Min. Interest Rate (p.a.)
0.04 %
Max. Interest Rate (p.a.)
0.13 %
Min. Deposit Term
9 months
Max. Deposit Term
12 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
1 times a year
Savings Account Provider
 (2.6)

Banco BPM emerged on January 1, 2017 as the result of the merger of two major cooperative Italian banks, Banco Popolare and Banca Popolare di Milano. Banco BPM provides a broad range of retail banking products and services to private individuals and SMEs. Banco BPM serves its customers through an extensive and complementary distribution network and a comprehensive multi-channel model.

Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.11 %
Deposit Term
12 months
Savings Account Details
Product Name
Conto Facto
Account Currency
EUR
Min. Interest Rate (p.a.)
0.11 %
Max. Interest Rate (p.a.)
0.11 %
Min. Deposit Term
12 months
Max. Deposit Term
12 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
12 times a year
Savings Account Provider
 (3.3)

Banca Farmafactoring is an Italian bank, established in 1985 by a group of pharmaceutical companies and biomedical equipment manufacturers in order to consolidate complex activities of credit management in the industry into a single point of contact.

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

Italy: This product is offered to Italian residents only. When clicking on the product link you will be redirected to the product page in Italian.

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While offering more flexibility, savings accounts usually provide lower interest rates than term deposit accounts.

The table above shows essential details of selected savings accounts products offered to retail customers by the banks in Italy: currency, interest rate per annum and deposit term. The savings accounts terms vary from 1 month to 1 years (12 months). The interest rates are within the range 0.04 - 1.50 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in Italy.

Savings accounts made with credit institutions in Italy are covered by deposit guarantee scheme up to 100,000 EUR per depositor.

Italy's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aa2 (high grade).

See Also