Citi Handlowy has launched a new savings account with one of the highest interest rate in the Polish market, which is paid from the first zloty saved. Now Citi Handlowy customers can earn 7.07% per annum on the Citibank SuperSavings Account.

Following the success of the Citibank Savings Account and the Save Your Change Program the bank expanded its deposit offer to include the Citibank SuperSavings Account, which offers one of the highest interest rates in the Polish market paid from the first zloty saved. That's a perfect solution for people who are looking for a safe form of investing their financial surpluses and an attractive interest rate. The new account offers its holders an interest rate of 7.07% per annum. The interest is calculated and added to the SuperSavings Account balance on a monthly basis. Interest is calculated for the months in which the customer makes no withdrawals from the account. If the customer takes money from his Citibank SuperSavings Account, he will earn no interest on the account in the month of the withdrawal. However, he will be entitled to a full interest payment for the previous months. Consequently, the customer can withdraw funds from the SuperSavings Account with no loss of interest for the previous full calendar months and this is undoubtedly one of the greatest advantages of the new product of Citi Handlowy over such solutions as term deposits, which require savers to lock in their savings for a fixed period of time.

Citi Handlowy motivates customers to regularly save a portion of their income. Until now, they could open a high-yield term deposit called T-Lokata or a high-interest Savings Account for 5.05%. As of today they are also able to earn 7.07% interest on the Citibank SuperSavings Account. At the same time Citi Handlowy are reminding customers about the opportunity to sign up for the "Save Your Change" Program, which allows customers to save money when they use their debit cards. The purchase amount is rounded up to the nearest whole PLN 1, PLN 5, PLN 10, respectively, and the "change," i.e. the amount in excess of the purchase price, is automatically transferred from a personal account to a savings account indicated by the customer.

The interest rate on the Citibank SuperSavings Account at the level of 7.07% applies to balances up to PLN 50,000 right from the very first zloty deposited. For CitiGold customers the interest rate of 7.07% applies to balances up to PLN 100 thousand. All balances above the aforementioned thresholds earn interest at the rate of 5.05%. The Citibank SuperSavings Account is free of charge for all customers who transfer their regular monthly income of at least PLN 1,500 to their Citibank Personal Account or use their debit card linked to a checking account to make purchases worth at least PLN 500 a month. The holders of the Citibank SuperSavings Account who do not meet these criteria pay a maintenance fee of PLN 29.99 a month.