Which bank in Poland offers the best interest for savings in Euro?

patrik 6 | 14

2 Jul 2013 / #1

which bank in Poland offers the best interest for savings in euro?

mcm1 2 | 81

2 Jul 2013 / #2

I can't answer your question fully but ING bank give us 3.5% on our savings account, the money is also available to us immediately.

OP patrik 6 | 14

2 Jul 2013 / #3

yes, but that is in PLN. That bank offers interest rates in euro of 0.25% anually which is basically nothing.

Monitor 13 | 1810

2 Jul 2013 / #4

There are websites comparing banks:

money.pl/banki/lokaty/euro/
oprocentowanielokat.pl
bankier.pl/lokaty/porownanie-lokat/

Fast looking at this links shows 1.7% max

delphiandomine 86 | 17823

2 Jul 2013 / #5

yes, but that is in PLN. That bank offers interest rates in euro of 0.25% anually which is basically nothing.

You won't get much better for instant-access EUR accounts. PKO is offering 0.30% for instant access which is pretty decent - it's not far off the Euribor 6m rate.

pawian 221 | 26346

2 Jul 2013 / #6

which bank in Poland offers the best interest for savings in euro?

Stay away from Amber Gold.

delphiandomine 86 | 17823

2 Jul 2013 / #7

Stay away from any private bank full stop. A quick look of the chart on money.pl tells you that there must be something wrong if these banks are able to offer a significant premium over the Euribor rate.

irishlodz 1 | 135

2 Jul 2013 / #8

mbank offer 0.8% on a saving account. it comes with a visa debit card if you want.

Monitor 13 | 1810

2 Jul 2013 / #9

Stay away from any private bank full stop

If not private bank then what, national? Any bank from this list: money.pl/banki/lokaty/euro/ has government insurance.

delphiandomine 86 | 17823

2 Jul 2013 / #10

If not private bank then what, national? Any bank from this list:

Do you think that insurance is actually worth anything?

By non-private bank, I mean any bank that has publicly available shares (or owners that have publicly available shares).

Monitor 13 | 1810

3 Jul 2013 / #11

Do you think that insurance is actually worth anything?

Even in Cyprus this insurance worked. Bank which has shares on stock market is still private.

Bobby Bobek

31 Mar 2015 / #12

Dzien dobre

I'm looking to invest money currently in a bank in Italy elsewhere and having a Polish wife, and son, and a house there Poland is one option. I'm curious as to what sort of interest rates you would expect to achieve on an investment of, say €200k. We currently get around 3%, tops and were just wondering whether it would be worth moving it.

Any help/advice would be greatly appreciated.

Thank you

bullfrog 6 | 602

1 Apr 2015 / #13

3% on 200 k€? Which bank is that? If the funds are freely accessible, this is way over current IB rates, so it would indicate that your bank is in some kind of trouble for having to offer such rates. Of course, if the funds are not freely accessible (eg life insurance) it is a different story altogether..