- The Renault Bank direct* offers new customers a guaranteed overnight interest rate of 2.20 percent for three months.
- Thereafter, a variable interest rate of 1.55 percent applies.
- The money is protected by the French deposit insurance up to 100,000 euros.
- The call money account can also be managed as a joint account.
Interest Rate and Guarantee Period
As a new customer at Renault Bank Direct, you can currently benefit from an attractive interest rate of 2.20 percent for the first three months. This interest rate is guaranteed, which gives you planning security. Thereafter, a variable interest rate of 1.55 percent applies. However, it is worth finding out about the conditions early on.
flexibility and availability
A major advantage of the Renault Bank Direct call money account is that your money is available every day. You can access your credit at any time and without restrictions. There is also no minimum term or fees, so you can benefit from the high interest rates even with small amounts.
Account Opening and Fees
Opening an account directly with Renault Bank is simple and uncomplicated. You can open the account online and only need your identity card and your tax ID. There are no account management fees or other costs.
deposit insurance
As an investor, you can benefit directly from a French deposit guarantee with Renault Bank. Your deposits are protected up to 100,000 euros by deposit insurance in France.
Advantages
The Renault Bank direct call money account offers many advantages for investors. With an interest rate of 2.20 percent for the first three months, you can benefit from comparatively high overnight interest rates. The daily availability of your money also gives you a high degree of flexibility. There is no minimum term or fees and French deposit insurance offers additional security.
Disadvantages
The only downside to the Renault Bank Direct call money account is the lower deposit protection compared to some other providers.
Conclusion
The Daily money from Renault Bank directly* is an attractive option for investors who want to invest their money flexibly and in the short term. With an interest rate of 2.20 percent for the first three months and daily availability, all important criteria are met. Opening an account is simple and straightforward and there are no costs. Note, however, that the deposit guarantee is limited to 100,000 euros. By the way: By the way: You can find the currently best overnight money offers in our overnight money comparison.
FAQ
What interest rate does Renault Bank offer directly for the call money account?
Renault Bank direct offers new customers a guaranteed interest rate of 2.20 percent for three months on deposits of up to EUR 500,000. Thereafter, a variable interest rate of 1.55 percent applies.
How secure is the Renault Bank direct money market account?
The Renault Bank Direct call money account is protected by the French deposit insurance scheme, which offers protection for deposits up to 100,000 euros per customer. In the case of joint accounts, this amount doubles to 200,000 euros.
How can I open a call deposit account at Renault Bank directly?
Opening an account with Renault Bank Direct is easy and can be done online on the bank’s website. Customers must fill out the online form and have their identity confirmed via video or postident process.
What are the advantages of the Renault Bank direct call money account?
The Renault Bank Direct call money account offers above-average interest rates with a guarantee period of three months and easy and quick account opening. There is no minimum term and fees and the account is available daily.
What are the disadvantages of the Renault Bank direct money market account?
The only significant problem with the Renault Bank direct call money account is the lower deposit protection compared to some other providers.
Is the interest on the Renault Bank call money account paid out directly on a monthly basis?
Yes, the interest on the Renault Bank direct call money account is paid monthly.
Can the Renault Bank call money account also be managed directly as a joint account?
Yes, the Renault Bank direct call deposit account can also be managed as a joint account. The deposit guarantee doubles to EUR 200,000.
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