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Discover Novo Banco’s 12-month Retired Savings Account!

Discover a Savings Account without commissions and with income, aimed only at those who are already retired! Find out more about term savings at Novo Banco.

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Retired Savings Account 12 months Novo Banco: commission-free account so your money earns more!

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So, how about starting to invest? Source: Novo Banco.

If you are retired and are looking for a savings account for your investments, come and discover Novo Banco's 12-month option! This is an exclusive opportunity for those who already receive Social Security!

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Find out how to open your 12-month Retired Savings Account now!

The 12-month Retired Savings Account can yield up to 0.10% of TANB! If you are retired, find out how to open your account and start investing!

So, if you want to know more details about how this savings account works, what the returns are, deadlines, amounts, among other details, continue reading the text below! Don't waste time, make your money count!

How does the Novo Banco 12-month Retired Savings Account work?

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But is it worth it? Source: Novo Banco.

The Novo Banco 12-month Retired Savings Account is perfect if you have already retired. Firstly, it is worth highlighting that if you subscribe to this savings account, your money will yield 0.10% of TANB!

Furthermore, there is a period of 12 months for the amount deposited to remain profitable. Furthermore, please note that to take advantage of this term deposit, a deposit amount of at least 250 euros is required.

Reinforcements are allowed at any time and at the end of the retention period, the capital plus interest is credited to your bank current account! However, it is possible to continue with the investment through renovation.

Advantages and disadvantages

One of the main advantages is that this account has no commissions! So, you can invest your money freely. On the other hand, this is not one of the highest yield rates on the market.

So, it might be interesting to consult other savings options to decide which one makes the most sense for you! Furthermore, although it is possible to make reinforcements, they must be at least 50 euros!

Furthermore, another of the advantages that the Novo Banco Retired Savings Account offers you is that apparently, there is no maximum amount to deposit your amount.

How to open and use your Novo Banco 12-month Retired Savings Account?

So, are you retired and do you like how the Novo Banco 12-month Savings Account works? So don't waste time and open yours as soon as possible! In fact, if you have any questions about how the process works, we will help you!

Therefore, it is necessary to go to the Novo Banco branch to open this type of account! But rest assured that we will guide you on everything you need to ensure the opening is correct.

So, know that you can check out an exclusive step-by-step guide and, in this way, resolve all your doubts about what the process is like at Novo Banco. Furthermore, access the link below and open your account as soon as possible!

Mulher usando notebook

Find out how to open your 12-month Retired Savings Account now!

The 12-month Retired Savings Account can yield up to 0.10% of TANB! If you are retired, find out how to open your account and start investing!

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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