Fast Bank offers the opportunity to open a deposit with an interest rate of 10.50%
Fast Bank offers individuals the opportunity to make deposits with the highest interest rates on the market for a period of 367-550 days, with the possibility of unlimited replenishment.
Fast Bank customers can make deposits in AMD at a 10.50% interest rate (yield: 10.24-10.49%), in USD at a 6% nominal interest rate (yield: 5.90-6.00%), and in EUR at a 5% nominal interest rate (yield: 4.94-5.00%).
Fast Bank reported that the minimum amount for a deposit is 50,000 AMD, in other currencies - 100 USD and 100 EUR. Depositors can open and replenish the deposit both through the Fast Bank application and in all branches of the bank. Fast Bank depositors' interest is paid at the end of the deposit term or on a monthly basis. The nominal interest rate of 10.50% applies in the case of payment at the end of the deposit term.
When making a deposit, bank customers can receive a Fast Bank AknCard without an annual service fee as a gift. The offer is also available to customers who have already made a deposit. Customers who have made a deposit of 500 thousand to 5 million AMD or the equivalent in foreign currency will receive a Visa Classic or Arca Classic AknCard, depositors who have made a deposit of 5-20 million AMD or the equivalent in foreign currency will receive a Visa Gold AknCard, depositors who have made a deposit of 20-50 million AMD or the equivalent in foreign currency will receive a Mastercard World, and those who have made a deposit of more than 50 million AMD or the equivalent in foreign currency will receive the highest class Visa Infinite or Mastercard World Elite AknCard.
It is noted that Fast Bank's deposit portfolio grew by 330% last year, amounting to more than 113 billion AMD.
Fast Bank is a company striving to become a fully digital bank, operating 24/7 and present in all regions of Armenia. It also has a banking app. From now on, Fast Bank has a new official website, designed to offer customers a faster and more user-friendly experience when searching for information.
Fast Bank is supervised by RA Central Bank.