Säästöpankki savings rates 2026: savings account and fixed-term deposit
In October 2026 the Säästöpankki Uusiutuva Määräaikaistalletus (renewing fixed-term deposit) pays 3.117% for a 12-month period (12-month Euribor minus 0.10 percentage points, reviewed on 15 October 2026). Säästöpankki Optia also has a 6-month deposit offer at 3.20%, valid until 31 October 2026, for deposits of at least €20,000.
Säästöpankki savings accounts
| Account | Rate | Tiering | Withdrawals | Minimum | Rate can change | Fees |
|---|---|---|---|---|---|---|
| Savings account | rate not published | Not published. | Payments from the savings account can be made only to your own accounts. | not available | not available | See the price list of your own savings bank. |
- Savings account: Rates and prices are set by each bank. The example bank is Säästöpankki Optia; Optia's price list extract (1 January 2026) does not give the savings account rate, so the information is missing.
Säästöpankki fixed-term deposits
| Term | Rate | Minimum | Maximum | Early withdrawal |
|---|---|---|---|---|
| 6 months | 3.20% (campaign rate) | €20,000 | not available | According to Optia's price list, the break cost of a fixed-term deposit during the contract period is €50. |
| 12 months | 3.117% | €1,000 | €100,000 | The product page does not say anything about early withdrawal; the general break cost of a fixed-term deposit in Optia's price list is €50. |
- 6 months: Promotion: Säästöpankki Optia's deposit offer of 6 months at a fixed annual rate of 3.2%, valid until 31 October 2026, minimum deposit €20,000. The normal 6-month rate is not published. The offer is made through a contact request.
- 12 months: Renewing fixed-term deposit (common product page of the Säästöpankki Group): rate 3.117% reviewed on 15 October 2026, 12-month Euribor -0.10 percentage points (margin updated on 8 September 2025). It renews automatically in 12-month periods and the interest is added to the principal. The rate of an ordinary 12-month fixed-term deposit (online €10,000-100,000) is set by each bank and is not public.
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. Group rule: the member credit institutions of the Säästöpankki Group count as one bank for the deposit guarantee, so deposits in different savings banks (e.g. Optia and the other banks in the group) are protected up to a combined €100,000. Oma Säästöpankki is not part of the Säästöpankki Group.
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 Säästöpankki 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
- Säästöpankki price list and service fees
Similar savings rates
Sources
- Säästöpankki: Uusiutuva Määräaikaistalletusretrieved 16 October 2026
- Säästöpankki Optia: Talletustarjousretrieved 16 October 2026
- Säästöpankki: Määräaikaistalletusretrieved 16 October 2026
- Säästöpankki: Säästötiliretrieved 16 October 2026
- Säästöpankki Optia: Hinnasto-ote henkilöasiakkaat 1.1.2026retrieved 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 Säästöpankki pay on a savings account?
In October 2026 Säästöpankki savings accounts and rates: Savings account rate not published. Note: campaign; shared deposit guarantee limit (banking group).
What is the fixed-term deposit rate at Säästöpankki?
In October 2026 Säästöpankki fixed-term deposit rates: 6 months 3.20% and 12 months 3.117%. The terms for early withdrawal vary, and they are shown in the table on the page.
Is a deposit at Säästöpankki safe?
Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor. Group rule: the member credit institutions of the Säästöpankki Group count as one bank for the deposit guarantee, so deposits in different savings banks (e.g. Optia and the other banks in the group) are protected up to a combined €100,000. Oma Säästöpankki is not part of the Säästöpankki Group. The cover limit in the EU is €100,000 per depositor per bank.
Is withholding tax deducted from the deposit interest at Säästöpankki?
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.