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Orange Bank raises the remuneration of its savings account to 0.7% APR

MADRID, 5 Sep.

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Orange Bank raises the remuneration of its savings account to 0.7% APR


Orange Bank has raised the remuneration of its savings account from 0.5% to 0.7% APR, up to 100,000 euros, an improvement that all customers can benefit from as of October 1, as announced on Monday.

The Orange bank thus joins other financial institutions that are improving the remuneration of their accounts and deposits in the face of the rise in interest rates by the European Central Bank (ECB).

"With this increase in the remuneration of your account, Orange Bank continues to be one of the banks that offers the highest profitability in Spain," the bank has assured.

The entity has recalled that the Orange Bank Account allows you to enter and move money between the Current Account and the Savings Account without permanence and dispose of the money whenever you want without commissions or penalties.

At the end of the first semester, Orange Bank had more than 170,000 clients in Spain and more than 257 million euros in deposits. In addition, Orange Bank has already financed 3.6 million mobile devices for Orange customers, for a value of 899 million euros.

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