Ålandsbanken savings rates 2026: savings account and fixed-term deposit
In October 2026 the interest rate of Ålandsbanken's Baltic Sea account (Itämeritili) is 0.60% from the first euro, and the rate of the Prime current account is 0%. The minimum amount of a fixed-term investment deposit is €10,000, but the bank does not publish the rate.
Ålandsbanken savings accounts
| Account | Rate | Tiering | Withdrawals | Minimum | Rate can change | Fees |
|---|---|---|---|---|---|---|
| Baltic Sea account | 0.60% | 0.60% from the first euro | Unlimited free account transfers digitally; at a branch 6 free withdrawals a year, after that 1% of the withdrawn amount. | not available | Yes | Branch withdrawals from the 7th withdrawal onwards 1%. |
| Investment account | rate not published | Not published; interest is calculated on the lowest balance of the month, which must be €10,000. | No deposit period restrictions; the account cannot be used through digital services. | €10,000 | not available | Not stated. |
- Baltic Sea account: The bank donates up to 0.2% of deposits in Baltic Sea accounts (Itämeritili) to Baltic Sea projects. Interest is paid at the end of the calendar year. The account cannot be linked to a card.
- Investment account: Opened at a branch. Interest is paid quarterly.
Ålandsbanken fixed-term deposits
| Term | Rate | Minimum | Maximum | Early withdrawal |
|---|---|---|---|---|
| 12 months | rate not published | €10,000 | not available | If the deposit was opened at a branch, the money can be withdrawn early against a fee of 3% (of the deposit amount). |
- 12 months: Fixed-term investment deposit, saving period 3 months to 5 years. The rate is set when the account is opened; there is no public rate. Requires an ordinary bank account at Ålandsbanken; opening is free.
Terms and opening an account
| Fact | Value |
|---|---|
| Head office | Finland |
| Opening online as a new customer | not available |
| Requires a current account or customer relationship | Yes |
| Information checked | 16 October 2026 |
Deposit guarantee and taxation
Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank
Withholding tax: Finnish withholding tax 30%. The bank withholds 30% withholding tax, and the interest is not declared separately. Withholding tax does not count towards the 30% / 34% capital income tax rate threshold. Read more in the guides deposit guarantee and tax on savings deposits.
Calculate the return
Enter the amount and the term in the savings rates calculator to see the gross interest, the tax and the net interest of Ålandsbanken compared with other providers. See all providers in the savings rates comparison.
See also
- Savings rates comparison
- Fixed-term deposits compared
- Savings account vs fixed-term deposit
- Ålandsbanken price list and service fees
Similar savings rates
Sources
- Ålandsbanken: Itämeritiliretrieved 16 October 2026
- Ålandsbanken: Määräaikainen sijoitustalletusretrieved 16 October 2026
- Ålandsbanken: Sijoitustiliretrieved 16 October 2026
- Ålandsbanken: Prime-tiliretrieved 16 October 2026
Information checked 16 October 2026. Always check the current rate and terms with the provider.
Frequently asked questions
How much interest does Ålandsbanken pay on a savings account?
In October 2026 Ålandsbanken savings accounts and rates: Baltic Sea account 0.60%; Investment account rate not published. Note: withdrawal restriction.
What is the fixed-term deposit rate at Ålandsbanken?
In October 2026 the fixed-term deposit rate at Ålandsbanken has not been published: rate not published.
Is a deposit at Ålandsbanken safe?
Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank The cover limit in the EU is €100,000 per depositor per bank.
Is withholding tax deducted from the deposit interest at Ålandsbanken?
Finnish withholding tax 30%. The bank withholds 30% withholding tax, and the interest is not declared separately. Withholding tax does not count towards the 30% / 34% capital income tax rate threshold.