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Want more freedom to save? Discover the Banco CTT Free Savings Account!

Withdraw your money whenever and however you want and enjoy quarterly income through CTT bank's Free Savings account! Think about your future and start saving safely.

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Banco CTT Free Savings Account: quarterly interest payment!

Mulheres em diferentes ambientes sorrindo
Understand everything about the savings account! Source: Banco CTT.

Saving has become much easier with the help of the Free Savings Account offered by Banco CTT! This is a savings account aimed at the whole family! So, if you want to save, but don't know how, check out this opportunity!

The main characteristic of this savings account is the freedom you have to put in the amount you want, when you want and withdraw all or part of the amount at any time. In other words, the money is working in your favor!

Foto conceitual de mulher saindo de barra de juros com logo do CTT

Find out how to open your Banco CTT Free Savings Account now!

The Banco CTT Free Savings Account is ideal for saving when the future is at an uncertain stage! You can open yours online, without needing to leave home!

So, if you don't have a very good plan, or are going through a phase of uncertainty, this savings could be ideal!

So, did you like this information? Do you think CTT’s free savings could be ideal for you? So, check out all the details!

How does the Banco CTT Free Savings Account work?

Mulher dançando com celular e cartão CTT na tela
After all, is it really worth it? Source: Banco CTT.

The Banco CTT Free Savings Account works practically like a traditional savings account! Its main characteristics are the differentiated remuneration rate, which we see below.

Performance

Free Savings income works as follows: a simple interest rate of 0.05% and another rate of 0.5% TANB for those who meet one of two requirements.

Firstly, anyone who pays a salary of €250 or more has the right to get the highest interest rate. Another option for the 0.5% interest is to make 3 direct debits that relate to household expenses, such as water, electricity.

Furthermore, this account also has the freedom to reiterate the amount at any time, there is no minimum value to start the account and it is even possible to make reinforcements as often as you want!

Advantages and disadvantages

As already mentioned as a differentiator of this account, CTT Free Savings offers the freedom to put in and withdraw money however you prefer. Therefore, this possibility helps you in times of need.

However, one of the disadvantages that this CTT bank savings account offers is that amounts above 5 thousand euros do not pay off in the account. In other words, there is no point in investing more than this amount.

Furthermore, the fact that interest is paid quarterly is also a factor that may discourage some people. This is because your money does not capitalize on the account monthly!

Finally, the need to comply with some conditions to obtain maximum performance may leave some users wanting! Furthermore, it is a practical and functional account that stands out for its freedom!

How to open and use your Banco CTT Free Savings Account?

Saving has become much easier and more intuitive with Banco CTT's Free Savings Account, right? So, if you want to deposit your money right now, don't worry, you can do that now!

This is a very simple task, you just need to create a savings account at CTT. So, if you want to know how to open your account, how about checking out our exclusive step-by-step guide to answer your questions?

Remember that first of all, you need to open a current account at CTT bank! So, rest assured that we will guide you on the best way to do this, if you are not yet a customer!

Foto conceitual de mulher saindo de barra de juros com logo do CTT

Find out how to open your Banco CTT Free Savings Account now!

The Banco CTT Free Savings Account is ideal for saving when the future is at an uncertain stage! You can open yours online, without needing to leave home!

About the author  /  Filipe Travanca

Bachelor in History and Audiovisual from the University of São Paulo. Passionate about writing and literature, he works as a screenwriter, editor and short story writer, exploring the most varied themes and subjects. A very curious person, who likes to study a little bit of everything and share this learning in his texts.

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