Are you looking for a safe yet high-yield way to invest your money for the short term? The IKB could be just the right thing for you with its overnight money offer: high interest rates for new customers and double deposit protection ensure a convincing overall package.
Everything at a glance:
- The IKB* offers new customers an impressive 4.00% pa interest up to an amount of €100,000.
- The interest rate is guaranteed for the first three months, variable thereafter.
- Existing customers enjoy a solid interest rate of 2.00% pa up to an amount of €100,000.
- Double protection through statutory deposit insurance and membership in the deposit protection fund of the BdB.
Interest Rate and Guarantee Period
New IKB customers are rewarded with an attractive interest rate of 4.00% pa for the first three months. This gives investors clear planning security for the first quarter after opening an account. After that, the interest rate becomes variable. The current interest rate for existing customers is 2.00% pa
flexibility and availability
A significant plus of IKB call money account* is the daily availability of capital. Investors can dispose of their money without restrictions. The additional benefit of quarterly interest accrual promotes the compound interest effect, allowing investors to benefit from an even higher return.
Account Opening and Fees
The account can be opened easily and simply with IKB. There are no account management fees or other additional costs.
deposit insurance
Investors benefit from double security for their deposits: through statutory deposit insurance and membership in the deposit insurance fund of the BdB. This offers a high level of security and trust, especially with larger investment sums.
Advantages
- Top interest of 4.00% pa for new customers with a three-month guarantee.
- The possibility of compound interest through quarterly interest credits.
- High flexibility through daily availability of the money.
- Maximum security thanks to double deposit protection.
- More than 90 years of experience IKB* as a reliable partner.
Disadvantages
- After the three-month guarantee period has expired, the interest rate for new customers can vary, which can lead to uncertainties in planning.
- The maximum investment amount for new customer interest is limited to €100,000.
Conclusion
IKB’s overnight money offer is particularly interesting for new customers who want to benefit from the top interest rates and enjoy maximum security at the same time. The quarterly interest credit and the daily availability of the credit round off the offer. However, investors should keep an eye on interest rates once the interest rate guarantee period has expired. All in all, the IKB offers an attractive opportunity for short-term and secure investments with its call money account. A comparison with other current offers is always advisable.
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