Piraeus Bank launches 3 new deposit accounts, “Piraeus 12”, “Piraeus 2year”, and“Piraeus Double Dollar”. These products guarantee a high yield for all clients.
“Piraeus 12” is a high yield term-account with a 12 month duration. The interest is credited on a monthly basis. This product is designed for all those who wish to invest for a mid to long-term period with a yield much higher than the traditional deposit account without losing the privilege of a short-term return.
For those who wish to wish to obtain higher yield, Piraeus Bank has designed “Piraeus 2year”, which is a guaranteed high-yield term-account with duration of 24 months. The interest is credited monthly, quarterly, semi-annually annually depending on the customer’s requirements.
Piraeus Bank also launches “Piraeus Double Dollar”, a new-term account in US Dollars with a 24 month duration. The interest is credit quarterly or yearly depending on the customer’s requirements. This account offers double the interest rate for the quarterly or yearly interest installments, compared to the interest rate of a lump sum “three-month” term-deposit.
Minimum amount is €15.000 or $15,000 respectively. For all deposits above €30.000 or $30,000 respectively, Piraeus Bank offers Visa or Mastercard credit card, with no annual fee for the first year life long free annual fee for a second credit card. It also offers free safe deposit box for the first year (where available).