Advanzia Bank

Advanzia Bank > Reviews > Advanzia no-fee, high-interest savings account

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Advanzia no-fee, high-interest savings account
A review by annehe on Advanzia Bank
November 17th, 2007


Author's product rating:   Advanzia Bank - rated by annehe


Advantages: High interest, zero fees
Disadvantages: Minimum deposit EUR 5000

Recommend to potential buyers: yes 

Full review
The Advanzia account offers 6.00%* (11/2007) annual effective interest paid monthly for the full balance. Withdraw any amount up to your full balance at any time without penalties or fees. The account is only available in Euro currency.

Transactions are only possible between your Advanzia Account and your bank accounts within EU/EFTA.

Minium initial deposit is 5000 euros, maximum deposit is 500 000 euros. Annual Effective rate is 6.00%*, interest is paid monthly. 100% of deposits up to EUR 20 000 per client is insured.

No account opening or closing fees, no transcation fees. The bank offers no deposits in currencies other than euros. The bank has a deposit insurance of EUR 20.000 and is an Internet bank open to persons in the EU. 

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More details
Competitiveness of APR Excellent 
Product package Good 
Quality of Customer Service Good 
Reward Scheme average 
Additional Charges very low 
Security and Privacy excellent 
Ease of Application excellent 

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