Fixed rate deposits

A safe form of saving that gives you a predictable return and the same interest rate in the lock-in period regardless of rate changes in the market.

Predictability for your savings and low risk
Better interest rate than a normal corporate savings account
Choose from a range of lock-in periods

How do fixed-rate deposits work?

With a fixed rate deposit, you lock in the money for a predetermined period of time. You can decide whether you want to lock in the interest rate for three months, six months or one or two years. For the entire lock-in period, you will keep the interest rate regardless of any interest rate changes in the market. That way you know what the return will be on your money.

Fixed-rate deposits are ideal for small and medium-sized businesses who want predictable savings and don’t want to take any risks.

Fixed Rate Deposit Terms

Fixed term of three months
Deposits from NOK 25 000 to NOK 10 million	4,50 % per year
Deposits from NOK 10 million to NOK 100 million	4,45 % per year

Fixed term of six months
Deposits from NOK 25 000 to NOK 10 million	4.65% per year
Deposits from NOK 10 million to NOK 100 million	4.60% per year

One-year fixed term
Deposits from NOK 25 000 to NOK 100 million	4.70% per year

Two-year fixed term
Deposits from NOK 25 000 to NOK 100 million	4,20 % per year

In the event of a breach of the savings agreement or partial withdrawal before the end of the fixed term, a withdrawal fee of 2 % of the withdrawal amount will be charged.

For larger amounts

If you would like to invest more than 100 million in a fixed income deposit account, please contact us by phone on 915 04800.

Renewal of fixed-rate deposits

Fixed-rate deposit agreements cannot be renewed, so if you wish to continue with fixed-rate deposits after the end of the binding period, you must enter into a new agreement.

Remember! When the agreement expires, the fixed-interest deposit account will automatically be converted to a Investment account.

How to renew fixed-income deposits?

Find expiry date

Selection of a new debit account

When you create a new fixed-rate deposit agreement, you can select three options for the debit account:

1) If your fixed-rate deposit has expired, you can select the "old" account as the debit account. This has now been converted into a placement account.
2) You can optionally select another account as a debit account when you create a new agreement.
3) If you do not choose a debit account when you create a new agreement, but instead want to transfer it manually later, it must be done within five days.
Remember: You must approve the payment under: Payment – Approve payment
In order to approve the payment, you must have approval rights in the account. This applies regardless of which option you choose for a debit account

Tips

When you name the account for the new agreement, it’s a good idea to include the date and term in the name, and it’s easy to remember when the agreement will expire the next time.

Do you save as a private individual?

Fixed-income deposits for private individuals can be suitable when you want to secure the interest rate and know that the money can remain in the account for a longer period of time.

Explore private fixed-income deposits

Fixed rate deposits

How do fixed-rate deposits work?

See also

Fixed Rate Deposit Terms

For larger amounts

Renewal of fixed-rate deposits

How to renew fixed-income deposits?

Do you save as a private individual?

Saving on account

Fixed rate deposits

Investment account