Open a term deposit with BNF Bank and enjoy higher interest rates


04 June 2021

BNF Bank customers can watch their hard-earned savings grow without locking funds for years on end and benefit from advantageous interest rates when opening a BNF Term Deposits account. One can opt between a Term Deposit or a Flexi-Term Deposit account with a guaranteed return of interest on capital.

For traditional savers the classic term deposit account comes in a variety of terms starting from three months up to five years with very attractive interest rates. The Flexi-Term Deposit Account offers clients the flexibility to withdraw funds before maturity if required, on set availability dates, whilst still receiving interest depending on when the funds are withdrawn.  While choosing from a 1-year, 2-year or a 3-year term for the Flexi-Term Deposit, clients can earn interest of 0.75% p.a., 1.00% p.a. and 1.20% p.a. respectively.

''BNF Bank offers its customers a wide variety of deposit accounts to suit particular needs providing the right balance between earning higher interest rates and the flexibility to access the savings when required" said Melvin Pellicano, Head of Business Development.  "Moreover, existing customers can simply open a term or flexi-term deposit at their leisure in very easy steps, through the recently improved Internet Banking portal" he continued.     

Further information is available on the Bank's website www.bnf.bank/term_deposit_account and www.bnf.bank/flexi_term_deposit. Customers can chat with BECS, BNF's eCustomer Service agent accessible through the website or Facebook Messenger or send a secure message through Internet Banking.

Terms and conditions apply. The Bank reserves the right to amend or withdraw this product from the market at any time, at its sole and absolute discretion and without any prior notice.  BNF Bank p.l.c. is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994 and is a member of the Depositor Compensation Scheme established under the Depositor Compensation Scheme Regulations (Legal Notice 383 of 2015). Registered in Malta C41030 - 203, Level 2, Rue D'Argens, Gzira, GZR1368, Malta.

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