Open a Fixed-Term Deposit account with BNF Bank and scale up your savings


22 March 2022

BNF Bank has created a 1-year Fixed-Term Deposit account to help customers scale up their savings with a competitive interest rate. An industry first, BNF Bank has increased its offering to 0.80%, rewarding new and existing customers who want to earn more interest on any given amount.

A recent addition to the Term Deposit product family, the initiative is another component of BNF Bank's value proposition of advantageous financial service offerings with benefits that fit different customer needs.

The campaign brings the bank closer to existing and potential customers who want to lock-in their savings for a longer period of time rather than risking their capital in a shares or bonds account. However, this initiative also addresses young people's concerns amid growing economic transformation as it allows young customers to secure their savings and earn more interest for future investments.

"Our customers have been - and will remain - the focus of all our new initiatives" said Melvin Pellicano, Head of Business Development. "The Fixed-Term Deposit proposition is simple, personal and fair offering both security and a competitive interest rate to suit particular needs" he continued.

In addition to the Fixed-Term Deposit account, BNF Bank customers can also benefit from other Term Deposit products that might better suit their needs, resulting in capital and interest guaranteed on product maturity.

Customers and non-customers can find out more information about the 1-year Fixed-Term Deposit campaign and the Term Deposit product family on the bank's website www.bnf.bank.

If you are interested in applying for a Term Deposit account, you can contact us via the BNF website, through our Chatbot system (BECS) or send a secure message through Internet Banking. Alternatively, contact the BNF Customer Care Team on (+356) 2260 1000.

Terms and conditions apply. The Bank reserves the right to amend or withdraw this product from the market at any time, at its sole and absolute discretion and without any prior notice.  BNF Bank p.l.c. is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994 and is a member of the Depositor Compensation Scheme established under the Depositor Compensation Scheme Regulations (Legal Notice 383 of 2015). Registered in Malta C41030 - 203, Level 2, Rue D'Argens, Gzira, GZR1368, Malta.

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BNF Bank p.l.c. is a credit institution licensed by the MFSA to undertake.
The business of banking in terms of the Banking Act 1994.