Frequently asked questions about savings flex
What is the savings flex account? And how much does it cost?
The savings flex account is an online savings account. Account creation and ongoing account management are free of charge. This account serves only as a savings account through which you can make deposits from your reference account. Personal payment transactions (e.g. paying bills, direct debit orders, etc.) are excluded.
What interest rate will I receive?
You can find the current interest rate for savings flex under Security and Legal in the conditions sheet. The current interest rates are listed here.
Can I also use the savings flex account for regular savings?
Yes, this is possible. Simply set up a standing order from your checking account (= reference account). This allows you to save a fixed amount each month in your savings flex account.
How can I deposit or withdraw money from my savings flex account?
Deposits and withdrawals can only be made via the reference account you have specified (your account at the house bank). You can make further deposits by transfer order or standing order at any time. Withdrawals are possible online under the menu item "Withdrawal".
At what intervals is interest paid on the savings flex account?
Interest is paid once a year (as of December 31) or when the savings flexi account is closed.
Until when can transfers be ordered so that the execution takes place on the same day?
Transfers received no later than 4:45 p.m. on a bank working day will be processed with the next booking run on the same day. Transfers received after 4:45 p.m. or on no bank working day will be processed on the following bank working day.