Raiffeisen Digital Bank and Bank Nowy lead three-month deposit rankings

The August ranking for three-month bank deposits shows a shift in leadership due to increased interest rates. Raiffeisen Digital Bank and Bank Nowy share the top position, both offering an annual interest rate of 5.50 percent.

Raiffeisen Digital Bank’s offer is specifically for new customers opening a personal account, with a deposit limit of 100,000 PLN. Bank Nowy’s product, NOWYdepozyt 3M START, recently increased its rate from 4.60 percent to 5.50 percent. This offer also requires new customer status and a personal account, with a 100,000 PLN limit.

Nest Bank holds second place with its Nest Lokata Witaj at 5.25 percent per annum for new customers, capped at 25,000 PLN. The third position is shared by Erste Bank Polska and Inbank, both offering 4.50 percent per annum with a 50,000 PLN deposit limit for new clients.