With a Savings Account, you get better interest on your deposits than with a current account, and you can use your money whenever you need.
Saving Account Benefits
- Free Savings Account administration
- Free delivery of electronic statements
- Automatic transfers between your savings and current account set up and settled free of charge
And on top of that:
- You are not bound by any termination periods or dates
- You do not need to put down any minimum deposit
- You have all of the transactions in your account under control, with a regular electronic statement or by post
- Your deposit is insured by law
Save Without Worries
Money can be transferred from your current account automatically (the amount transferred must exceed CZK 100/day), so you save without having to worry about anything.
Should the balance of your current account drop below the limit you set (not required if you have an Overdraft Flexikredit, your current account is automatically topped up from your Savings Account.
The daily balance of your Savings Account accrues an interest rate based on the current balance amount. Interest is posted monthly and becomes a part of the deposit.
Conditions for Obtaining a Savings Account
You can open a Genius Savings Account if you are a natural person older than 15 years and you have a current account open at MONETA Money Bank.
If you do not have a current account opened with us, you can open one at a MONETA Money Bank branch near you.
You will need the following to open a Savings Account:
- Valid identification card
- If you are a foreign national, you will need your valid passport or national ID card or a long-term residence permit