You know your return in advance

You save the money for a predetermined period of time. You will receive a fixed interest rate. Your deposits are legally insured.

Term deposit with no fees

You don't pay anything for setting up and maintaining an account, you also get statements for free. You don't even have to have a Current account with us.

One withdrawal outside the due date

You can withdraw up to 25 % of the principal outside of the maturity date (i.e. the day when the period for which you arranged the account expires) and it will have no impact on the interest on the deposit.

You set up a deposit for a predetermined period of time - you put the money aside and let it earn interest

How does Term deposit work? You save your free money on it for a predetermined period of time, thanks to which you will then reach the given interest rate.
Your deposited money will always earn you the same interest through a fixed interest rate. On the maturity date (Term deposit termination date), you will receive it back together with the interest.

The interest rate of the Term deposit depends on the time your money is deposited

The stated interest rates are annual (p.a.).

Open a Term deposit

Online in George

Open a Term deposit from the comfort of your home in George internet banking.

Download George app

Install George mobile banking and open a Term Deposit simply using BankID.

Visit the branch

Make an appointment in advance at the nearest branch so you don't have to wait. We look forward to seeing you!

When is a good time to open a Term deposit?

If you have extra free money to valorize.
And if you are sure that you will not need the deposited money for the entire period of the deposit.

It's up to you how long you want to save your money on a Term deposit

You can withdraw part of the money or even all of it without affecting the interest not only on the day of renewal, but also on the following day.
You can make a withdrawal from the Term deposit or cancel it even outside the maturity date. However, it will have an impact on the interests.

Comparison of Term deposit and Savings account

Money tied to a certain period

The interest rate does not change for the agreed period

Early withdrawal fees

Possibility to deposit extra money at any time

Arrangement of the disposing person

Fees

0 CZK

0 CZK (CZK 70 for paper statements)

Interest rate

Interest rate up to 2,75 % p.a. depending on deposit period with no balance limit.

Up to 4,05 % p. a. and limit of CZK 400,000 with a Plus account, George and regular investments or a pension savings contribution of CZK 2,000.

Minimal deposit

5 000 CZK