The banking market this week brings us lots of new savings products and a tense calm in mortgage lending. The trend that we can see changes in financial products is that it provides for a period of increasing interest rates, probably with a euribor about 2.5% or more. For this reason the one-year returns on deposits and accounts follow a trend of gradual increase in yields.
Read more of these products on the blog Bankimia
Consult Invertia all products, entity by entity
Mortgages
Ibercaja up the initial interest rate Mortgage Superplus Bonus. from 5.10 to 5.35% of mortgage loans up to 80% for taxation and 5.75 to 6% above this percentage. All other conditions remain the same.
Deposits
Unanimous launches the second issue of the deposits mentioned Motor Europe (whose profitability depends on strong companies such as Bayer and Siemens and International Leaders 36 (among which are multinationals such as Microsoft and Telefonica), which can be contracted until April 14 2011.
Cash Deposits withdrawn Engineers Germany, which combined a fixed period referenced to normal with a German shares.
Bankoa throws a curious deposit that combines payment in kind (knives) to pay in cash at 2% at 12 months.
Caja Canarias renewed until April 30 Canary Extensible Deposit, increasing to three years and pay a 3.52 APR. In its catalog are other deposits best in the entity to which it belongs, newly named as Bankia, at the same time remunerated at 4.49% APR.
New Warehouse 9, Caja Laboral, with a term of 4 years and 100% guaranteed capital. The minimum investment is $ 3,000 and profitability depend on the evolution of the shares of Telefónica.
Grupo Banco Sabadell adjust the returns on their deposits Online. With this move we can infer as you think the bank will evolve euribor: less than 6 months low profitability and more than 1 year increased to 2.75%. We could therefore say that the Sabadell euribor expected to increase above 2.5% for within a year.
Bank Caixa Geral renewed until 21 March its Platinum Deposit; to 12 months is now offering 3.25%.
Openbank increases its interest rates to 3 years Deposit Growing up to 4% APR.
Accounts
ING Direct has once again extended the Orange at 3.5% APR 4 months early. Hereafter paid to 1.20%. On the other hand, the Salary Account incorporates two new benefits to its clients: return of 2% of purchases made with VISA GALP service stations and sending cash or money available to mobile (Hal Cash).
Up to 31 December this year we can continue to recruit the payroll account of Banco Pastor Triplett, one of whose advantages is the return of 5% of paid receipts (up to 200 euros) and a gift in kind if it is kept payroll over 24 months in the state.
The Postal has its advantages BanCorreos incorporates the possibility of spending a night with breakfast for two in a cottage.
Bankinter gives joy to those who have domiciled their payroll in the state, with a 4% APR the first year and 3% in the second. Other benefits to note are the return of the
2% of all card purchases with deferred payment or the possibility of having an overdraft in the amount of payroll.
With the rise in interest rates will benefit savers and mortgage holders affected. The opposite has happened when we lived in an age minimum of Euribor.
