Free instant access savings account » Direct Savings Flexible | Porsche Bank

Direct Savings Flexible

We make saving as easy as possible for you. From your reference account, you can make payments to your Porsche Bank Direct Savings Flexible account. At the same time, you have constant unrestricted access to your savings deposits with top savings interest rates. Account creation and ongoing account management are free of charge, of course.

Direct savings are well worth your while! Open your flexible direct savings account with Porsche Bank now.

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Your benefits with Direct Savings Flexible

Attractive interest rates.

With 2,75 % interest p.a. , we make saving easy for you.

Constant access to your savings.

You are able to access your money free of charge whenever you need - without interest penalty, without fees, online and easy.

Absolutely free.

Whether setting up an account, online banking or account statements - account management with Porsche Bank is absolutely free of charge.

Opening an account: how it works

Prerequisites.

You are of legal age, your main residence is in Austria, you have a mobile phone and a bank account. Then you may open a personal savings account at any time with Porsche Bank as a private individual. One Direct Savings Flexible account is allowed per person.

Contribution.

The maximum contribution per customer is 1 million EUR.

Major investments.

Major investments require the separate approval of Porsche Bank.

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Frequently asked questions about direct savings flexible

The direct savings flexible 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.

You can find the current interest rate for direct savings flexible under Security and Legal in the conditions sheet. The current interest rates are listed here.

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 direct savings flexible 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".

Interest is paid once a year (as of December 31) or when the direct savings flexible account is closed.

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.

Download the e-BANKING app now

The Porsche Bank Direct Savings app allows you to conveniently carry out your bank transactions via your smartphone.

Contact

Further information on direct savings is available from the Porsche Bank direct savings team.