13.11.2023
The Czech Republic's Deposit Market Overview: November 2023
4 min read
A brief and informative examination of the present condition of the Czech deposit market for November. This report provides current details on interest rates and spotlights competitive choices from Czech banks across different term deposits.
PickTheBank's November Update
As we step into a new month, PickTheBank eagerly brings you the latest and most captivating rates that the European market has to offer.
In the financial sector, significant inflationary pressure continues to be observed.
Today, we extend an invitation to discover the realm of interest rates in the Czech Republic.
The interest rate on long-term euro deposits in the Czech Republic continues to remain at 4.00%. Furthermore, our research unveils a noticeable 1-year EUR deposit interest rate of 4.00%.
Behind this financial review is a comprehensive analytical process. The work of the PickTheBank team has resulted in the compilation of a platform of 578 unique deposit products within the Czech Republic. We conducted a thorough examination of the websites of 20 prominent Czech banks, each presenting a variety of fixed-term deposit interest rates.
🔥Leading EUR Deposit Rates – Any Terms
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 4.00% | J&T BANKA, a.s. | EUR | 24 mths | More -> |
| 4.00% | J&T BANKA, a.s. | EUR | 18 mths | More -> |
| 4.00% | J&T BANKA, a.s. | EUR | 15 mths | More -> |
| 4.00% | J&T BANKA, a.s. | EUR | 12 mths | More -> |
| 3.90% | J&T BANKA, a.s. | EUR | 9 mths | More -> |
🔥Leading CZK Deposit Rates – Any Terms
🔥The following banks offer the highest CZK interest rates on subordinated deposits in the Czech Republic:
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 8.70% | Banka CREDITAS a.s. | CZK | 120 mths | More -> |
| 8.20% | Banka CREDITAS a.s. | CZK | 84 mths | More -> |
| 8.00% | Banka CREDITAS a.s. | CZK | 72 mths | More -> |
| 7.60% | Banka CREDITAS a.s. | CZK | 60 mths | More -> |
| 7.50% | J&T BANKA, a.s. | CZK | 60 mths | More -> |
🔥The following banks offer the highest CZK interest rates on ordinary deposits in the Czech Republic:
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 7.30% | NEY spořitelní družstvo | CZK | 12 mths | More -> |
| 7.00% | Artesa, spořitelní družstvo | CZK | 12 mths | More -> |
| 7.00% | NEY spořitelní družstvo | CZK | 6 mths | More -> |
| 6.30% | Artesa, spořitelní družstvo | CZK | 24 mths | More -> |
| 6.20% | J&T BANKA, a.s. | CZK | 12 mths | More -> |
🔥Top US dollar deposit rates
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 5.00% | J&T BANKA, a.s. | USD | 12 mths | More -> |
| 4.85% | J&T BANKA, a.s. | USD | 6 mths | More -> |
| 4.75% | J&T BANKA, a.s. | USD | 3 mths | More -> |
| 3.50% | Raiffeisenbank a.s. | USD | 12 mths | More -> |
| 3.20% | Raiffeisenbank a.s. | USD | 6 mths | More -> |
🔥Top GBP deposit rates
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 5.00% | J&T BANKA, a.s. | GBP | 12 mths | More -> |
| 4.95% | J&T BANKA, a.s. | GBP | 6 mths | More -> |
| 4.85% | J&T BANKA, a.s. | GBP | 3 mths | More -> |
| 4.75% | J&T BANKA, a.s. | GBP | 1 mths | More -> |
| 1.50% | Československá obchodní banka, a. s. | GBP | 3 mths | More -> |
Please be aware that the rates provided are before tax and do not consider differences in the frequency of interest payments. To guarantee the highest level of accuracy and up-to-date information, we highly recommend verifying rates directly with the respective banks before making any final decisions.
If you are in search of comprehensive and in-depth information regarding deposit rates in the Czech Republic and other European countries, we warmly invite you to explore our website.
Stay tuned for further informative updates and the latest insights into the European deposit market. We appreciate your choice of PickTheBank as your reliable source for financial information.
