TF Bank savings rates 2026: savings account and fixed-term deposit
In October 2026 the interest rate of TF Bank's savings account is 2.05% (valid since 7 July 2025) and at most €100,000 can be deposited in the account. There are two free withdrawals a year, and TF Bank now operates as a auxiliary business name of Avarda Bank AB.
TF Bank savings accounts
| Account | Rate | Tiering | Withdrawals | Minimum | Rate can change | Fees |
|---|---|---|---|---|---|---|
| TF Bank savings account | 2.05% | 2.05% from the first euro (since 7 July 2025) | Two free withdrawals per calendar year, after that 1% of the withdrawn amount (also applies when closing the account). Withdrawals with a withdrawal form, money to the account within five bank days. | not available | Yes | Closing €0; from the 3rd withdrawal onwards 1%. |
- TF Bank savings account: At most €100,000 per account. Withholding tax is withheld automatically.
Terms and opening an account
| Fact | Value |
|---|---|
| Head office | Sweden |
| Opening online as a new customer | Yes |
| Requires a current account or customer relationship | No |
| Information checked | 16 October 2026 |
Deposit guarantee and taxation
Swedish deposit guarantee (Riksgälden), €100,000 per depositor. TF Bank is a secondary business name of the Finnish branch of Avarda Bank AB; on the Financial Stability Authority's list it appears as Avarda Bank AB, filial Finland, so the Financial Stability Authority pays compensation to the depositors of the Finnish branch.
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 TF Bank compared with other providers. See all providers in the savings rates comparison.
See also
Similar savings rates
Sources
- TF Bank: Säästötiliretrieved 16 October 2026
- TF Bank: Säästötili kysymyksiä ja vastauksiaretrieved 16 October 2026
- TF Bank: Tietoa TF Bankistaretrieved 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 TF Bank pay on a savings account?
In October 2026 TF Bank savings accounts and rates: TF Bank savings account 2.05%. Note: withdrawal restriction.
Is a deposit at TF Bank safe?
Swedish deposit guarantee (Riksgälden), €100,000 per depositor. TF Bank is a secondary business name of the Finnish branch of Avarda Bank AB; on the Financial Stability Authority's list it appears as Avarda Bank AB, filial Finland, so the Financial Stability Authority pays compensation to the depositors of the Finnish branch. The cover limit in the EU is €100,000 per depositor per bank.
Is withholding tax deducted from the deposit interest at TF 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.