MyInvestora digital neobank backed by Grupo Andbank, El Corte Inglés, AXA and several family offices, has expanded and improved its range of savings products with a deposit at 4% APR for 1 month from 5,000 euros, as reported by the entity. The product will be available from tomorrow until December 12.
“MyInvestor wants encourage clients to put their money to work in automated portfolios because it is a product that adapts to all risk profiles, is simple, transparent and has low commissions. To hire them, all that the client has to do is take a simple online test and they will be assigned a portfolio made up of funds designed to achieve their financial objectives,”
In this way, The new deposit is added to the current offer of 3, 6 and 12 month deposits offered by MyInvestor from 10,000 euros. It currently has 3-month deposits at 3% APR for clients who have an automated portfolio with an investment of 150 euros. If you do not contract this product, the deposit rate is 2.75% APR. For 6 months and 12 months, deposits offer 2.75% and 2.50%respectively, to those who have automated portfolios, and 2.50% and 2.25%, respectively, if they do not contract this product.
MyInvestor deposits are covered by the Deposit Guarantee Fund in Spain. Up to 100,000 euros can be contracted, They have no formalization costs or commissions of any kind and can be canceled at any time in advance with the return of 100% of the capital. The payment of interest is due.
The deposits are directed both to clients of the entity and to new clients and they can be contracted both with money that the client already has in MyInvestor and with money that comes from other entities.
To hire them, it is enough to have a free paid current account, which can be opened online in a few minutes. This account offers a remuneration of 2% APR up to 70,000 euros the first year, without any conditions. Starting in the second year, clients can maintain the 2% APR by making monthly investments in automated portfolios, funds and plans from the MyInvestor and Finanbest range, and other selected products.