All interest rates displayed are Annual Equivalent Rates (AER), unless otherwise explicitly indicated. The AER illustrates what the interest rate would be if interest was paid and compounded once each year. This allows individuals to compare more easily what return they can expect from their savings over time.
Partner Bank Euram Bank
Euram Bank (European American Investment Bank AG), an independent Austrian private bank based in Vienna, was founded in 1999 and has since established itself in the areas of private and investment banking for Austrian and international individuals, entrepreneurs and institutional investors.
Euram Bank has a solid capital base and is committed to a total return approach, which focuses on long-term wealth preservation and strict discipline in risk management.
Austria is a democratic and federal landlocked country in Central Europe.
It is a founding member of the OECD and has been a member of the EU since 1995. With a higher GDP per capita than Germany, Austria is one of the wealthiest countries in the world.
The Austrian economy is characterized by the high amount of energy consumption from renewable energy, which is mainly due to the usage of waterpower in the Alps.
The country has high standards in terms of bank secrecy, compliance and investor protection and profits from an Aa1/AA+ credit rating. The banking sector in Austria is regulated by strict legal requirements, whose abidance is regularly checked by the supervisory authorities.
Deposit Guarantee Austria
Deposits with Euram Bank are fully protected for amounts up to EUR 100,000 by the Austrian Deposit Guarantee Scheme (Einlagensicherung der Banken & Bankiers Gesellschaft m.b.H.), backed by the Austrian state. This protection covers the deposits of all individuals, not just Austrian citizens. Further information about the Deposit Guarantee Scheme in Austria can be found at https://einlagensicherung.at/.
All Member States of the European Union have agreed on the need to better protect savers. Throughout Europe, the minimum requirements for national Deposit Guarantee Schemes were harmonized a number of years ago (EU Directives 94/19/EC, 2009/14/EC, and 2014/49/EU). These Directives provide a standardized, high level of protection of deposits across the EU regulating, among other things, repayment modalities and repayment deadlines.
All Bank offers
|2 years||EUR||Go to offer|
|1.5 years||EUR||Go to offer|
|1 year||EUR||Go to offer|
|6 months||EUR||Go to offer|
Tax process and documents
The standard withholding tax rate on interest in Austria is 25%. This can be reduced to 0% by providing the bank with the document “Declaration by individuals for the purpose of tax treaty relief at source”.
To open a term deposits with EURAM Bank customers need to provide a copy of the signed account opening application which can be uploaded directly in the Online Banking System or sent by email or post. For the opening of an additional term deposit with EURAM Bank no documents are required as long as the repayment of the last term deposit took place within the past 12 months.
What is Raisin?
Raisin’s goal is to offer savers high interest rates! We give you access to exclusive savings products from all over Europe – Raise your interest with Europe’s #1 savings marketplace!
Raisin's over 60,000 customers have invested more than EUR 2 billion in our 27 partner banks.
The feedback from our customers speaks for itself: we have a rating of 4.6 out of 5 and a recommendation rate of 96 percent on the independent German rating portal Bankingcheck. Raisin was also voted the best German term deposit marketplace 2014 and 2015.
Raisin guarantees a smooth process and the management of your investments with all of our partner banks via one single platform.
The European American Investment Bank AG (Euram Bank) with its seat at Palais Esterházy, Wallnerstraße 4, 1010 Vienna, Austria is registered with the Commercial Court of Vienna under no. : FN 286544 p. Euram Bank is authorized and regulated by the Austrian Financial Market Authority.
Your eligible deposits with the Euram Bank are protected up to a total of EUR 100,000 by Einlagensicherung der Banken und Bankiers Gesellschaft m.b.H (http://www.einlagensicherung.at), one of the five Austrian deposit protection schemes. Any deposits you hold above the EUR 100,000 limit are not covered. This communication has been authorized by the Euram Bank.