Term: 1 year.
nominal interest rate: 4.50%
APR: 4.50%
Minimum amount: $ 3,000
Maximum : Unlimited
Clients: Current clients ActivoBank. Only individuals. Offer valid from 01.03.2008 until the 31.04.2008
Interest settlement: At maturity
Commissions: None.
Taxation: The interest earned is considered investment income and up each year in the savings base and taxed at a flat rate of 18%.
Early cancellation: In case of early cancellation the deposit shall be remunerated at 4.00% APR for the number of days in which capital has been invested. Early termination should be for the total amount invested in the tank and be ordered at least 2 working days prior to the expiration date.
renewal at maturity: If you select automatic renewal at maturity, will be a new deposit for the same initial cash equivalent period, the prevailing interest rate for this product, currently 4.50% APR 4 , 50% nominal. Up to 2 days before maturity, you may request a change in the method of renewal.
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