Fjord Bank

This bank is based in: Lithuania (A)
• Start saving from €1,000 up to €95,000
• No fees, no subscriptions and Deposit Guarantee protected.
logo of Fjord Bank

Our offers

Show all offers

Rate

Term

Currency

Product Type

2.02

%  AER

Term

3 Months

Currency

EUR

Product Type

Term deposit
Term deposit

2.26

%  AER

Term

6 Months

Currency

EUR

Product Type

Term deposit
Term deposit

2.26

%  AER

Term

9 Months

Currency

EUR

Product Type

Term deposit
Term deposit
Top offer from this bank

2.40

%  AER

Term

1 Year

Currency

EUR

Product Type

Term deposit
Term deposit

2.34

%  AER

Term

1.5 Years

Currency

EUR

Product Type

Term deposit
Term deposit

2.27

%  AER

Term

2 Years

Currency

EUR

Product Type

Term deposit
Term deposit

2.20

%  AER

Term

3 Years

Currency

EUR

Product Type

Term deposit
Term deposit

2.08

%  AER

Term

4 Years

Currency

EUR

Product Type

Term deposit
Term deposit

1.88

%  AER

Term

5 Years

Currency

EUR

Product Type

Term deposit
Term deposit

About the Bank

Fjord Bank is a digital consumer finance bank based in Lithuania, founded in 2019. The bank focuses on providing straightforward online loans and savings products. In December 2019, Fjord Bank received a specialized bank license from the European Central Bank, facilitated by the Bank of Lithuania. Fjord Bank operates entirely online and offers a range of services including deposit accounts, consumer loans, car loans, and home improvement loans. The bank's savings accounts are protected under Lithuania's deposit guarantee scheme, which covers deposits up to €100,000 per account holder​.

Deposit Guarantee Scheme

Deposits up to an amount of EUR 100,000, including interest income, are legally protected at 100% per customer and per bank by the Lithuanian Deposit Protection Fund. Within the European Union, the minimum requirements are harmonized in all member states by Directives 94/19/EC, 2009/14/EC and 2014/49/EU.

Tax process and documentation

In Lithuania, interest is usually subject to 15% withholding tax. Under the Ireland–Lithuania double taxation agreement, this can be reduced to 10% by submitting a Revenue tax residence certificate along with the required form (provided when you place an order). Please see the product information sheet for more details.

Raisin Bank's role

With Raisin Bank, one login gives you access to competitive savings accounts from banks across Europe, allowing your savings to work even harder. No fees, no paperwork: saving with Raisin Bank is online and hassle-free.