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Growing Deposit

Looking for a secure way to save while earning high interest?

growing-deposit

With Credo Bank’s Growing Deposit, you can enjoy flexible terms and competitive interest rates, making your savings work for you!


Why Choose a Growing Deposit?

  • Security – Your savings are safely protected.
  • High Returns – Earn competitive interest on your growing balance.
  • Flexibility – Monthly contributions are optional, giving you financial freedom.


Start Growing Your Savings Today!

Curious about how much you can earn? Use our deposit calculator to estimate your interest. Open a Growing Deposit today and take the first step towards secure and rewarding savings!

Terms

  • Deposit Currency: GEL, USD, EUR
  • Minimum Deposit: 10 GEL, USD, EUR
  • Mandatory Monthly Contribution: Not required
  • Term of Deposit: 3-24 months
  • Withdrawal of Benefits: At the end of the term
  • Premature Termination: Interest is accrued on GEL deposits, minus 2% of the corresponding rate for the completed months.


* Based on the change of 23.08.2023, in case of automatic renewal, the interest rates and conditions in effect at the bank on the renewal date will apply to the deposit.


*As of January 1, 2018, the Bank participates in the Deposit Insurance System established under the Law of Georgia on the Deposit Insurance System. Upon the occurrence of an insurance event, the available funds on a depositor's deposit/account will be reimbursed by the Deposit Insurance Agency within the limit of GEL 50 000, while the remaining amount will be reimbursed in accordance with the procedures prescribed by the applicable legislation.

For additional information, please visit the website of the Deposit Insurance Agency: www.diagency.ge.

Product Usage Instruction

You can request to open a deposit:


Interest


*The given rates are valid when opening a deposit through Mobile Bank.

When opening a deposit in the service center, you will benefit from the interest rate in GEL (-0.20%), and in USD and EUR (-0.10%).

Interested?