Interest Rates Factsheet

Debit Interest Rates

The Account is to be operated in credit. Should, for any reason, the account be overdrawn, debit interest of 3.75% p.a. over the Bank’s base rate (currently 2.25% p.a.) shall be charged unless mentioned otherwise.

Penalty Debit Interest

An additional penalty interest will apply as specified in our Tariff of Charges. Refer to Tariff of Charges on overdraft excesses, encroachments and loan/one-account arrears. www.apsbank.com.mt/tariff-of-charges

Debit interest charged on debit balances is calculated daily and is deducted from the Account on charging dates, currently twice yearly in June and December.

Credit Interest Rates

Credit Interest is calculated daily on the cleared credit available balance

Local Credit Interest Rates as from 10 May 2021
Current Account 0% p.a.
Savings Account 0.05% p.a. (for amounts up to € 499,999.99)
  0.00% p.a. (for amounts of € 500,000.00 and over)
Basic Payment Account
0% p.a.
Virtual Account 0.20% p.a. (for amounts up to € 24,999.99)
  0.10% p.a. (for amounts over € 25,000.00 and over, up to € 499,999.99)
  0.05% p.a. (for amounts of € 500,000.00 and over)
Star Account* 2.00% p.a.
First Coin Account** 3.00% p.a.
APS Student Account
1.50% p.a. (for amounts up to € 4,999.99)
  0.05% p.a. (for amounts of € 5,000.00 and over)
Teen Plus Savings Account*** 3.00% p.a.
Teen Plus Access Account*** 1.00% p.a.

Credit interest is payable yearly
* Only accounts opened prior to 30 September 2018
** Only accounts opened prior to 14 September 2013
*** Only First Coin Account Customers are eligible to open this account

Fixed Deposit Accounts

€1,000 - €499,999.99

 > €500,000
1 Month* 0.03% Contact Treasury
3 Months* 0.05%
6 Months* 0.20%
1 Year* 0.60%
2 Years* 1.00%
3 Years* 1.20%
4 Years* 1.30%
5 Years* 1.40%

Ask for more information about interest rates by visiting any APS Bank Branch or contacting the Bank's Customer Support Centre on telephone 2122 6644 or by email on csc@apsbank.com.mt

*Minimum amount for opening of account is €1,000.

Interest rates are subject to change without prior notice.

 

Foreign Interest Rates as at 6th May 2021
CFC Fixed Deposits
CFC Ordinary Savings Accounts

 

CFC Fixed Deposits
    1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 4 Years 5 Years
GBP Band 1 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0300 0.0700
  Band 2 0.0000 0.0000 0.0200 0.0200 0.0350 0.0500 0.0800 0.1200
                   
USD Band 1 0.0000 0.0000 0.0300 0.0500 0.0700 0.1300 0.3500 0.6000
  Band 2 0.0000 0.0500 0.0800 0.1000 0.1200 0.1800 0.4000 0.6500
                   
AUD Band 1 0.0000 0.0000 0.0000 0.0000 0.0000 0.1500 0.2000 0.3000
  Band 2 0.0000 0.0200 0.0250 0.0300 0.0400 0.2000 0.2500 0.3500
                   
CAD Band 1 0.0000 0.0000 0.0000 0.0000 0.0250 0.0500 0.3000 0.4500
  Band 2 0.0100 0.0200 0.0300 0.0500 0.0750 0.1000 0.3500 0.5000
                   

 

 

Band 1
GBP *GBP 0 - GBP 45,000
USD *USD 0 - USD 55,000
AUD *AUD 0 - AUD 80,000
CAD *CAD 0 - CAD 80,000
Band 2
GBP over GBP 45,000
USD over USD 55,000
AUD over AUD 80,000
CAD over CAD 80,000
Minimum balance to open a fixed deposit CFC is €1,000 (* the foreign equivalent may vary from time to time due to the exchange rate). Interest is calculated on a 365-day basis on GBP and 360-day basis for all other currencies.
Ask for more information about interest rates by visiting any APS Bank Branch or contacting the Bank's Customer Support Centre on telephone 2122 6644 or by email on csc@apsbank.com.mt

The above rates are subject to change from time to time.

 

CFC Ordinary Savings Accounts
  GBP USD AUD CAD
Band 1 0.0200 0.000 0.500 0.00
Band 2 0.0200 0.000 0.500 0.00

 

 

Band 1
GBP *GBP 860 - GBP 18,000
USD *USD 1,000 - USD 25,000
AUD *AUD 1,400 - AUD 38,000
CAD *CAD 1,400 - CAD 35,000
Band 2
GBP over GBP 18,001
USD over USD 25,001
AUD over AUD 38,001
CAD over CAD 35,001
Credit interest is payable Monthly.

The above rates are subject to change from time to time.

 * the foreign equivalent may vary from time to time due to the exchange rate

Copyright © 2017 APS Bank plc
APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018.