Deposit Period
- Deposits are bound from the time they are made into the account until maturity.
- The deposit amount must be a minimum of DKK 25,000 and a maximum of DKK 2,000,000.
Interest and Binding Period
The account earns a fixed interest rate throughout its term, which will be credited at maturity.
The interest rate is 2.00% p.a. with a 6-month binding period, ending on 14 November 2025.
Withdrawals during the binding period are possible, subject to a penalty fee of 1.5% of the withdrawn amount.
Partial withdrawals are not allowed if the account balance falls below DKK 25,000.
Other Terms
- Available to customers aged 18 and above.
- Upon maturity, the account will automatically convert to an Appa Savings Account.