Fixed-rate deposit

A secure savings option that provides a predictable rate of return and the same interest rate throughout the fixed term, regardless of market rate changes.

Predictable savings and low risk
Higher interest rate than a corporate savings account
Choose between different fixed terms

How does a fixed-rate deposit work?

With a fixed-rate deposit, you lock in your funds for a specific period. You decide whether to fix the interest rate for three months, six months, one year or two years. Throughout the fixed term, you keep the same interest rate regardless of market changes, so you know exactly what rate of return you will receive on your funds.

Fixed-rate deposits are suitable for small and medium-sized businesses that want predictable savings and do not wish to take on risk.

Deposit guarantee (PDF)Open the file in a new tab

Fixed Rate Deposit Terms

Fixed term of three months
Deposits from NOK 25 000 to NOK 10 million	4,50 % per year
Deposits from NOK 10 million to NOK 100 million	4,45 % per year

Fixed term of six months
Deposits from NOK 25 000 to NOK 10 million	4.65% per year
Deposits from NOK 10 million to NOK 100 million	4.60% per year

One-year fixed term
Deposits from NOK 25 000 to NOK 100 million	4.70% per year

Two-year fixed term
Deposits from NOK 25 000 to NOK 100 million	4,20 % per year

In the event of a breach of the savings agreement or partial withdrawal before the end of the fixed term, a withdrawal fee of 2 % of the withdrawal amount will be charged.

For larger deposits

If you wish to place more than 100 million in a fixed-rate deposit, you can contact us by telephone on 915 04800.

Easy renewal of your fixed-rate deposit

Has your fixed-rate deposit expired? You can create a new fixed-rate deposit in the corporate online bank and continue using the same account. You choose the fixed-rate period yourself and receive the current interest rate terms.

Remember! When the agreement expires, the fixed-rate deposit account will automatically be converted into a Corporate savings account.

How to renew a fixed-rate deposit?

Find expiry date

How to renew your fixed-term deposit

Choice of new debit account

When you create a new fixed-term deposit agreement, you can choose three options for the debit account:

1) If your fixed-rate deposit has expired, you can select the "old" account as the debit account. This has now been converted to a corporate savings account.
2) Alternatively, you can select a different account as the debit account when you create a new agreement.
3) If you do not select a debit account when you create a new agreement, but prefer to transfer manually later, this must be done within five days.
Remember: You must approve the payment under: Payment - Approve payment.
To approve the payment, you must have approval rights on the account. This applies regardless of which option you choose for the debit account.

Tips

When you name the account for the new agreement, it is a good idea to include the date and term in the name, so it will be easy to remember when the agreement expires next time.

Are you saving as a private customer?

A fixed-rate deposit may be suitable when you want to secure the interest rate and know that the money can remain in the account for a longer period.

Explore private fixed-rate deposit

Fixed-rate deposit

How does a fixed-rate deposit work?

For larger deposits

Easy renewal of your fixed-rate deposit

How to renew a fixed-rate deposit?

Are you saving as a private customer?

Saving on account

Fixed rate deposits

Investment account