Santander Consumer Bank offers money to new customers in Austria, of 1.35% on the day

6. March 2018 to get new customers for daily-recoverable deposits (the“best Flex“account), savings interest rates of 1.35 percent for four months.

Vienna (OTS) – In comparison to many other providers on the Austrian market, the Santander Consumer Bank writes to its customers, the interest rates on a monthly basis. The interest rate for deposits up to a maximum of one Million Euro, which is also offered significantly more than comparable new Customer.

On 6. March 2018 launches the new Customer promotion of the Santander Consumer Bank to the Online savings account „best Flex“: depositors receive a daily recoverable deposits to 1.35 percent interest. Thus the Bank counts, according to the Online comparison calculator of the chamber of labour ([www.bankenrechner.at] (http://www.bankenrechner.at/)) of the Top providers of money market in Austria.

Not only the advertised interest rate compare

Olaf Peter Poenisch, CEO of the Santander Consumer Bank Austria:
„In order for the best matching savings to filter out the offer on the market, it is important not to only look at the advertised interest rate, but to also take a close look at the rest of the conditions. Important is the amount of the Deposit sum, up to the to get the attractive interest rate, or the amount of the default interest rate, on the return, for example, as soon as the several months of interest guarantee has expired. Depending on the amount of the savings amount, the difference in the interest yield on a one-year period may, several hundred euros.“

Monthly Interest Credit

The customer does not receive the money by the Santander Consumer Bank, your interest credit like many other banks only once per year, but monthly. In this way, you not only get interest on their deposits, but in addition, interest on already accrued interest. Austria-CEO, Olaf Peter Poenisch: „the higher the savings Deposit and the longer the investment duration, the greater the difference in income compared to an annual interest capitalization.“ The customers benefit in addition from the fact that the capital gains tax (KESt) – obtained on the Saved – thanks to an Austrian Bank license from the Santander Consumer Bank is automatically discharged. Customers of banks with a foreign Bank license have to report your interest income in the tax Declaration itself.

Free Account Management

In the case of „best Flex“ of the Santander Consumer Bank, no minimum Deposit is required. Maximum may be applied per Person and one Million euros – which is considerably more than comparable new customer actions in the Austrian market. The deposits are protected by the Austrian Deposit insurance. The time Saved is available daily and can be from the savings account to the reference account (e.g. checking account at the Bank) will be transferred. The opening of the account and management is done via Online Banking on [www.santanderconsumer.at] (http://www.santanderconsumer.at/). The account management is free of charge. The standard rate for „best Flex“ (interest rate for existing customers) is 0.4 percent.

About the Santander Consumer Bank

The Santander Consumer Bank GmbH is an Austrian specialist Bank with a focus on consumer financing and, since 2009, present on the market. The Institute, based in Vienna, with over 490,000 customer contracts and approximately 2,600 partners from the Goods and the Automotive trade leader in goods financing through the trade, as well as the largest brand-independent car and motorcycle financiers in Austria (30.6.2018). The product portfolio of the Bank cash advances, partial payments, car loans and Leasing, cash cards as well as insurance. In addition, Santander with a day – and fixed Deposit products in the Deposit business. The company employs around 400 staff and operates 29 branches in Austria. With the customer service Center in Eisenstadt, the financial institution is a significant regional employer. Santander was awarded in Austria as a „Top Employer 2019“ and carries the seal of quality „Top Service in 2018“ for outstanding service quality and customer orientation. By the specialist magazine „traders“ was awarded as „the Best specialist Bank 2018“. The Bank has an Austrian banking license and is subject to the statutory Deposit guarantee.

The Santander Consumer Bank GmbH is part of the Banco Santander, S. A. The international Santander group is measured as the largest Bank in the Eurozone by market capitalisation of 88,41 billion euros. The focus is on the Private and corporate customer business in the ten core markets in Europe and America. With over 200,000 employees and 133 million customers, Santander is one group, the leading global financial institutions (31.12.2017).

Santander Consumer Bank GmbH
Mag. Robert Hofer
Phone: +43 (0)676 8131 9520
E-Mail: robert.hofer@santanderconsumer.at