New Rates from 20th March 2017

20th February 2017

The variable interest rates on our EUR and GBP Bonus Savings accounts are changing as of the 20th March 2017 to 0.50% p.a.   The 0.25% p.a. Bonus will remain unchanged if no withdrawals are made within twelve months. 


We would also like to inform you in advance of our new Fixed Term Deposit rates to give you the opportunity to avail yourselves of our current ones.  FCM Bank’s new interest rates remain amongst the most competitive in the market.


Fixed Term Deposits offer the benefit of an interest rate that remains fixed throughout the term together with the peace of mind of secure capital.  Our Bonus Savings account allows our customers to deposit and withdraw funds depending on their needs.


Below is a comparative table of the current and new rates, which will be offered as of Monday 20th March 2017.


EUR Rates

Term

Current Rate p.a.

New Rate p.a.

Bonus Savings

0.75% + 0.25%

0.50% + 0.25%

1 Year

1.80%

1.25%

2 Year

2.00%

1.50%

3 Year

2.20%

1.90%

4 Year

2.30%

2.00%

5 Year

 2.50% 

2.25%


 GBP Rates

Term

Current Rate p.a.

New Rate p.a.

Bonus Savings

0.75% + 0.25%

0.50% + 0.25%

1 Year

2.00%

1.50%

2 Year

2.25%

1.75%

3 Year

2.50%

2.10%

4 Year

2.75%

2.25%

5 Year

3.30%

2.80%

Don’t miss your opportunity to take advantage of our current rates before they are changed. Please contact us on +356 21 388 388 or 8007 3737 for further information and to book your appointment today. Alternatively, click here to apply for a new account online.