At Fast Bank, all accounts are savings accounts

At Fast Bank, all customer current accounts are considered savings accounts, regardless of currency. Moreover, AMD-denominated accounts earn an annual nominal interest rate of 5%.

Customers do not need to open separate savings accounts — at Fast Bank, interest is accrued on positive balances in both bank and card AMD accounts.

What’s more, you can open an account or order your AknCard 24/7 via the Fast Bank Mobile app or at any Bank branch. Accounts opened through Fast Bank Mobile can even be renamed and used for different purposes.

Additionally, Fast Bank currently offers the best deposit conditions with unlimited replenishment options:

AMD deposits (367–550 days): 10.50% nominal rate, 10.24–10.49% effective yield

USD deposits: 6% nominal rate, 5.90–6.00% effective yield

EUR deposits: 5% nominal rate, 4.94–5.00% effective yield

A 10% income tax is withheld from interest payments.

Fast Bank is committed to becoming a fully digital bank, represented in Yerevan and across all regions of Armenia. The bank is regulated by the Central Bank of Armenia.