Banca March deposit: 3.50% rate needs three extras

Banca March is offering up to 3.50% on a 12-month deposit, but savers must meet three conditions to get the top rate. The bank announced the change in Madrid, Spain, on 6 October 2026. Only customers of its Avantio digital branch can open the deposit.

The 3.50% annual equivalent rate is up from 2.9%. Without the extras, the rate is 2.50%.

What it takes to get 3.50%

Savers must meet all three conditions throughout the 12 months. Investing at least 15,000 euros in eligible investment funds, March Vida products or discretionary managed portfolios adds 0.5 percentage points.

Spending at least 6,000 euros a year on a credit card adds 0.25 percentage points. Keeping a Bizum contract active and linked to a Banca March Avantio digital account adds another 0.25 percentage points.

What happens if savers withdraw early

Customers can put in between 30,000 and 150,000 euros, with a limit of one deposit each. Banca March pays the interest at the end of the 12 months.

Savers can withdraw at any time and get back the amount they deposited, but the interest earned up to that point will be reduced. The deposit cannot be renewed when it matures. It is available to open until 31 October 2026.

Topics: Economy

Source: Europa Press / Mallorca.com