https://www.citadele.lv/en/private/savings

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https://www.citadele.lv/en/private/savings

Savings for your future

If all your money circulates in your everyday account, saving is difficult, because everyday spending knows no limits. If you use one of our savings products, you have more opportunities for achieving your goals.

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Separate savings

Save in an account which is separate from your everyday spending at no additional cost

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Free choice of payments

Set your own minimum amount and how often you pay in

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Guaranteed repayment

Deposits are protected as part of the state deposit protection system

Finoterapija*:

a free online consultation on your finances

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Fill in an online test on your financial habits and receive a personal plan to help you use your finances more effectively.

Begin Finoterapija

*Finoterapija is provided by AS Citadele Banka subsidiary IPAS CBL Asset Management.

Currency:
100 EUR
50 000 EUR
1 months
60 months
  • Your savings: (after tax)
    2010.15 EUR
  • Deposit interest sum:
    icon component.loancalculator.saving_plus.tooltip_text.1
    10.03 EUR
  • Deposit interest rate:
    icon component.loancalculator.saving_plus.tooltip_text.2
    0.40 %
  • Tax deduction (20%):
    icon component.loancalculator.saving_plus.tooltip_text.3
    2.01 EUR
    Grand total: 2008.14 EUR
    64.52 EUR
    Contribution amount
    Calculations are for your information only. The exact amount depends on the terms of your deposit agreement.
    Currency:
    150 EUR
    150 000 EUR
    6 months
    60 months
    Payment of accrued interest:
    Grand total: (after tax) 503.50 EUR
    Deposit interest sum: 3.50 EUR
    Deposit interest rate: 0.70 %
    Tax deduction (20%): 0.70 EUR
    502.80 EUR
    Grand total
    Calculations are for your information only. The exact amount depends on the terms of your deposit agreement.
    Better % rate

    Savings Account+

    Some people believe that savings accounts are boring. Maybe that's true. But is there any short-term savings method offering a passionately exciting method of saving for the future?
    • Our savings account gives you the chance to earn a small amount of interest. Deposits in our Savings Account+ earn an annual percentage rate of 0.40 % from 1.12.2022! Have a look at our deposit interest rates and Price list.
    • A good option is regular deposits, because then your Savings Account+ savings will be long-term and disciplined. When you set up a regular payment, we automatically transfer your money to your savings account on a specific day each month.
    • The money in your savings account is not freely accessible, but if you wish to withdraw without paying a commission fee, you will have to wait. This will help you discipline yourself and avoid spontaneous decisions to spend the money you have saved on something different than you originally planned.
    • The government guarantees repayment of your deposit at Citadele up to €100,000.
    Apply
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    Term deposit

    A term deposit is a method of saving which is as exact as a clock: a set rate, set term, chosen currency, and clarity on how much you will receive at the end of the term. No surprises. Just as it should be.

    • You can open a term deposit account for free and without maintenance fees.
    • You can deposit your funds for between 6 months and 5 years at a fixed interest rate earned at the end of the term or monthly.
    • You can choose your deposit currency: Euro or US Dollars.
    • The government guarantees repayment of your deposit at Citadele up to €100,000.
    Apply
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    Didn’t find the answer to your question?

    Visit our interactive assistant and find the information you need

    Interactive assistant
    What is the purpose of the Saving account+?

    A savings account is a basic type of financial product that allows you to deposit your money and typically earn a modest amount of interest.

    Can you make a withdrawal from a Saving account+?

    If you want to transfer funds from your Saving account+, you must apply thirty-five days in advance if you wish to access the money without additional fees.

    What is the minimum amount of money you can have in a Savings account+?

    There is no minimum amount, you can begin saving from €1.

    How can I withdraw a deposit before the expiry of the term set out in the contract?

    In order to withdraw your deposit before the deadline expires, you must notify the bank in writing through the Online Bank or at a Branch. If you have withdrawn your deposit before the contract expires, the interest accrued is deducted from the deposit amount.

    What do I do once the deposit agreement expires?

    If the signed deposit agreement does not indicate that the agreement will be extended automatically, the deposit sum plus any accrued interest will be transferred to your bank account. If the deposit agreement indicates that the contract will be renewed automatically, the deposit will be extended for the same term under the conditions in force on the date of the extension.

    How can I terminate a deposit agreement?

    All deposit agreements can be terminated at a bank branch or upon request through the Citadele Online Bank.

    What interest is applied to deposits that are renewed automatically?

    Deposits that are automatically renewed are subject to the interest rate and the terms and conditions of the deposit agreement in force on the date of the extension.

    More questions
    What is the purpose of the Saving account+?

    A savings account is a basic type of financial product that allows you to deposit your money and typically earn a modest amount of interest.

    Can you make a withdrawal from a Saving account+?

    If you want to transfer funds from your Saving account+, you must apply thirty-five days in advance if you wish to access the money without additional fees.

    What is the minimum amount of money you can have in a Savings account+?

    There is no minimum amount, you can begin saving from €1.

    How can I withdraw a deposit before the expiry of the term set out in the contract?

    In order to withdraw your deposit before the deadline expires, you must notify the bank in writing through the Online Bank or at a Branch. If you have withdrawn your deposit before the contract expires, the interest accrued is deducted from the deposit amount.

    What do I do once the deposit agreement expires?

    If the signed deposit agreement does not indicate that the agreement will be extended automatically, the deposit sum plus any accrued interest will be transferred to your bank account. If the deposit agreement indicates that the contract will be renewed automatically, the deposit will be extended for the same term under the conditions in force on the date of the extension.

    How can I terminate a deposit agreement?

    All deposit agreements can be terminated at a bank branch or upon request through the Citadele Online Bank.

    What interest is applied to deposits that are renewed automatically?

    Deposits that are automatically renewed are subject to the interest rate and the terms and conditions of the deposit agreement in force on the date of the extension.

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