Time Deposit Accounts

Compare Time Deposit Accounts in the Czech Republic

Updated on 26 November 2020

5 offers from 2 banks
Interest Rates: 0.00 - 1.40 % p.a.
Deposit Terms: 6 - 120 months
 J&T Banka
EUEuropean Union
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.60 - 1.40 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.60 %
Max. Interest Rate (p.a.)
1.40 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. J&T Banka provides private, investment, corporate and retail banking products and services. J&T Banka helps its clients to protect their assets, increase their value and pass them on to the next generations.

 Expobank
ATAustria
Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.25 - 0.45 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
0.45 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (3.3)

In October 2014 Landesbank Baden-Württemberg (LBBW) sold its wholly owned subsidiary, LBBW Bank CZ a.s., to Russian Expobank LLC. With this sale, LBBW additionally reduced its portfolio of equity investments, thus satisfying a further divestment requirement under its EU restructuring plan on schedule.

Expobank offers retail, private, business and corporate banking products and services to domestic and international customers.

 J&T Banka
CHSwitzerland
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.30 - 0.80 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
0.80 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. J&T Banka provides private, investment, corporate and retail banking products and services. J&T Banka helps its clients to protect their assets, increase their value and pass them on to the next generations.

 J&T Banka
ATAustria
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.00 - 0.80 %
Deposit Term
12 - 84 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
0.80 %
Min. Deposit Term
12 months
Max. Deposit Term
84 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. J&T Banka provides private, investment, corporate and retail banking products and services. J&T Banka helps its clients to protect their assets, increase their value and pass them on to the next generations.

 Expobank
ESSpain
Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.45 - 0.90 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.45 %
Max. Interest Rate (p.a.)
0.90 %
Min. Deposit Term
12 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (3.3)

In October 2014 Landesbank Baden-Württemberg (LBBW) sold its wholly owned subsidiary, LBBW Bank CZ a.s., to Russian Expobank LLC. With this sale, LBBW additionally reduced its portfolio of equity investments, thus satisfying a further divestment requirement under its EU restructuring plan on schedule.

Expobank offers retail, private, business and corporate banking products and services to domestic and international customers.

EUEuropean Union: This product is offered to the residents of the European Union.
ATAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
CHSwitzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.
ESSpain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

The table above shows essential details of selected time deposit products offered to retail customers by the banks in the Czech Republic: currency, interest rate per annum and deposit term. The time deposit accounts terms vary from 6 month to 10 years (120 months). The interest rates are within the range 0.00 - 1.40 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in the Czech Republic.

Average Deposit Rates. In March 2020, average annual deposit interest rate in local currency (Czech koruna) of new contracts with fixed term up to 1 year between credit institutions and retail customers (households) was 1.38 %.

Country Deposit Rating. The Czech Republic's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aa1 (high grade).

Deposit Guarantee. Time deposit accounts made with credit institutions in the Czech Republic are covered by deposit guarantee scheme up to 100,000 EUR per depositor.

Withholding Tax. When the interest is paid, this tax is automatically withhold from the time deposit account by the bank.

See Also