Banking sector updates: New deposit rates and fee changes

The banking sector in September 2026 shows a diverse landscape of consumer financial products, ranging from high-yield savings to new commission structures.

In the savings and deposit market, several institutions are offering competitive rates. Banca March leads with a 2.80% TAE for its 12-month Avantio deposit, while Self Bank offers 2.75% TAE for 12 months. Arquia Banca has introduced a combined six-month deposit yielding 3.25% TAE, requiring an investment in both deposits and investment funds. For those seeking liquidity without payroll requirements, accounts like B100’s Health account offer up to 3.15% TAE.

Changes are also occurring in transaction costs. Digital banks including Revolut, Openbank, and N26 have implemented new fee structures, with some charging up to 1 euro per stock or ETF operation.

In the mortgage market, CaixaBank’s Portuguese subsidiary, BPI, has launched a unique fixed-rate mortgage with increasing annual installments. Designed to assist younger buyers, the monthly payment starts lower and increases by 1% each year, with rates ranging from 5.1% to 5.8% TAE depending on customer ties.