S-Bank savings rates 2026: savings account and fixed-term deposit
In October 2026 the interest rate of S-Bank's S-Tuottotili (S-Yield account) is tiered from 0.01% to 1.75% depending on the balance, and with a balance of €20,000 the rate is 1.5%. S-Bank does not publish the rate of the S-Määräaikaistili (fixed-term account); the offer is shown only in S-mobiili or online banking.
S-Bank savings accounts
| Account | Rate | Tiering | Withdrawals | Minimum | Rate can change | Fees |
|---|---|---|---|---|---|---|
| S-Tuottotili (yield account) | 1.75% (top tier) | 0.01% for €0-4,999, 0.5% for €5,000-19,999, 1.5% for €20,000-99,999, 1.75% for €100,000 and over (the rate applies to the whole balance according to the tier reached) | Deposits and withdrawals at any time without fees or restrictions. | not available | Yes | Free for owner-customers (asiakasomistaja); prices for others are in S-Bank's service price list. |
- S-Tuottotili (yield account): The tiered rates are tied to the S-Prime reference rate (S-Prime 2.0% according to the page, 1/2026): S-Prime -2.0 / -1.5 / -0.5 / -0.25 percentage points, at least 0.01%. The account is opened in the S-mobiili app or online banking, so it requires an S-Bank customer relationship.
S-Bank fixed-term deposits
| Term | Rate | Minimum | Maximum | Early withdrawal |
|---|---|---|---|---|
| 12 months | shown only in online banking | €500 | not available | The product page does not say anything about early withdrawal; see the account terms. |
- 12 months: The deposit period of the S-Määräaikaistili (fixed-term account) can be freely chosen from 1 month to 5 years. The rate depends on the market situation, the deposit period and the amount, and is shown only in S-mobiili or online banking, so there is no public rate. There is no maximum amount; online the maximum is €500,000, larger amounts by phone or at a branch.
Terms and opening an account
| Fact | Value |
|---|---|
| Head office | Finland |
| Opening online as a new customer | Yes |
| 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. Oma Säästöpankki joined the S-Bank group on 7 October 2026, but on the Financial Stability Authority's list they are still separate deposit banks in October 2026, so the guarantee is counted separately for each as long as the banks are separate.
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 S-Bank 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
- S-Bank price list and service fees
Similar savings rates
Sources
- S-Pankki: S-Tuottotiliretrieved 16 October 2026
- S-Pankki: S-Määräaikaistiliretrieved 16 October 2026
- S-Pankki: Tilien korkotiedot henkilöasiakkailleretrieved 16 October 2026
- OmaSp: OmaSp on osa S-Pankki-konsernia 7.10.2026 alkaenretrieved 16 October 2026
- Rahoitusvakausvirasto: Talletussuojajärjestelmän pankitretrieved 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 S-Bank pay on a savings account?
In October 2026 S-Bank savings accounts and rates: S-Tuottotili (yield account) 1.75% (top tier). Note: rate only in online banking.
What is the fixed-term deposit rate at S-Bank?
In October 2026 the fixed-term deposit rate at S-Bank has not been published: shown only in online banking.
Is a deposit at S-Bank safe?
Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank. Oma Säästöpankki joined the S-Bank group on 7 October 2026, but on the Financial Stability Authority's list they are still separate deposit banks in October 2026, so the guarantee is counted separately for each as long as the banks are separate. The cover limit in the EU is €100,000 per depositor per bank.
Is withholding tax deducted from the deposit interest at S-Bank?
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.