Our SmartSaver Vaults offer you the opportunity to invest your funds into a 6-month or 12-month locked investment term. With a 6-month Vault, you'll earn 8.87% APY, and for 12 months it's 9.96% APY.

Your funds will be securely held for the entire duration of your chosen term until the Vault matures – ensuring peace of mind while you grow your investment.

To get started with your Vault, you’ll need a minimum of €100 in your main SmartSaver account. Once you have that, you can easily open a Vault and transfer your funds.

You’ll need to name your Vault, and whether it reflects a financial goal or something playful, it’s a great way to personalize your investment.

After opening your Vault, you’ll have a 10-day window to add any additional funds before it's locked in for your chosen period. This gives you a little extra time to make the most of your investment and increase your savings.

If you’ve selected the auto-renewal feature, your Vault will automatically renew at maturity, reinvesting your initial investment and any earnings. You can change this setting whenever you like before the Vault matures.

Additionally, you’ll have an extra 10-day window to add funds during the auto-renewal period, giving you even more flexibility to enhance your investment!

Coming back to the rates we mentioned earlier, to add a little more detail, with the shorter 6-month term, the daily return is 8.5% nominal, which, when compounded, translates to an impressive annual yield of 8.87%.

And if you decide to go for the longer 12-month term, you get a daily return of 9.5% nominal, which, when compounded, translates to a remarkable annual yield of 9.96%. This option offers a higher return while allowing your investment to grow consistently throughout the year.

It's also good to remember that these rates are calculated and added to your Vault daily, ensuring steady growth for your funds!

We also encourage you to take a moment to review the Terms and Conditions of the Vaults before signing up. You can find the terms here.
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