PRIVATE BUSINESS PRIVATE BANKING ABOUT THE BANK C REWARDS
PRIVATE
BUSINESS
PRIVATE BANKING
ABOUT THE BANK
C REWARDS
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  1. Private customers
  2. Short term savings

Savings for your future

If all your money circulates in your everyday account, saving is difficult, because everyday spending knows no limits. If you use one of our savings products, you have more opportunities for achieving your goals.

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Separate savings

Save in an account which is separate from your everyday spending.

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Free choice of payments

Set your own minimum amount and how often you pay in.

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Guaranteed repayment

Deposits are protected as part of the state deposit protection system.

Green Savings Account

How can you save money while also caring for the environment? Our Green Savings Account satisfies both needs: you will increase your savings while simultaneously helping initiatives which allow us to live more sustainably. Every euro you deposit could support sustainable development projects in the future. Make protecting your financial future green!

Apply Annual Percentage Rate
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100 EUR
100 000 EUR
1 months
60 months
  • Your savings: (before tax)     2076.97 EUR
  • Deposit interest sum:
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    76.85 EUR
  • Deposit interest rate:
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    3.00 %
  • Tax deduction (20%):
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    15.37 EUR
    Grand total: 2061.60 EUR
    64.52 EUR
    Contribution amount
    Calculations are for your information only. The exact amount depends on the terms of your agreement.
    Apply
    Currency:
    100 EUR
    500 000 EUR
    1 months
    60 months
    Payment of accrued interest:
    Grand total: (before tax) 512.50 EUR
    Deposit interest sum: 12.50 EUR
    Deposit interest rate: 2.50 %
    Tax deduction (20%): 2.50 EUR
    510.00 EUR
    Grand total
    Calculations are for your information only. The exact amount depends on the terms of your agreement.
    Apply
    Currency:
    100 EUR
    500 000 EUR
    1 months
    60 months
  • Your savings: (before tax)     2038.08 EUR
  • Deposit interest sum:
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    37.96 EUR
  • Deposit interest rate:
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    1.50 %
  • Tax deduction (20%):
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    7.59 EUR
    Grand total: 2030.49 EUR
    64.52 EUR
    Contribution amount
    Calculations are for your information only. The exact amount depends on the terms of your agreement.
    Apply
    Better % rate

    Term deposit

    A term deposit is a method of saving which is as exact as a clock: a set rate, set term, chosen currency, and clarity on how much you will receive at the end of the term. No surprises. Just as it should be.

    • You can open a term deposit account for free and without maintenance fees.
    • You can deposit your funds for between 1 month and 5 years at a fixed interest rate earned at the end of the term or monthly.
    • You can choose your deposit currency: Euro or US Dollars.
    • The government guarantees repayment of your deposit at Citadele up to 100,000 EUR.
    Apply Annual Percentage Rate
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    Savings Account

    Some people believe that savings accounts are boring. Maybe that's true. But is there any short-term savings method offering a passionately exciting method of saving for the future?
    • Our savings account gives you the chance to earn a small amount of interest.
    • A good option is regular deposits, because then your Savings Account savings will be long-term and disciplined. When you set up a regular payment, we automatically transfer your money to your savings account on a specific day each month.
    • The government guarantees repayment of your deposit at Citadele up to 100,000 EUR.
    Apply Annual Percentage Rate
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    Finoterapija:

    a free online consultation on your finances

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    Fill in an online test on your financial habits and receive a personal plan to help you use your finances more effectively.

    Begin Finoterapija

    Finoterapija is provided by AS Citadele Banka subsidiary IPAS CBL Asset Management.

    Didn’t find the answer to your question?

    Visit our interactive assistant and find the information you need

    Interactive assistant
    Can you make a withdrawal from a Saving account?

    You can freely access your savings at any time by transferring them from your Saving Account to your current account without prior notice and without commission, by making a Payment between own accounts or making a New Payment.

    What if I need to withdraw from my Green Savings account?

    If you want to withdraw funds from your Green Savings Account without fees, you must notify the bank within 60 days. 

    However, if the funds are needed urgently, the bank deducts a fee, which represents 60 days of accrued interest on the amount withdrawn.

    Where will my Green Savings Account investment go?

    With the Green Savings Account, we will support environmentally-friendly initiatives. We will invest* your money in sustainable projects, such as energy-efficient real estate projects.

    Energy-efficient real estate:

    * The first loan round for suitable projects will be issued within 6 months of the product entering the market, or as soon as the deposit fund reaches 10 million EUR. Before then, deposited funds will be kept in the European Central Bank.

    What is the purpose of the Saving account?

    A savings account is a basic type of financial product that allows you to deposit your money and typically earn a modest amount of interest.

    What interest is applied to deposits that are renewed automatically?

    Deposits that are automatically renewed are subject to the interest rate and the terms and conditions of the deposit agreement in force on the date of the extension.

    How is the income tax on savings account interest calculated?

    Interest income paid by savings account is subject to personal income tax.

    What is the minimum amount of money you can have in a Savings account?

    There are no minimum amounts, the Savings account can deposit even small amounts. Discipline yourself for larger savings can be helped by a Savings Account with a signed regular payment.

    More questions
    Can you make a withdrawal from a Saving account?

    You can freely access your savings at any time by transferring them from your Saving Account to your current account without prior notice and without commission, by making a Payment between own accounts or making a New Payment.

    What if I need to withdraw from my Green Savings account?

    If you want to withdraw funds from your Green Savings Account without fees, you must notify the bank within 60 days. 

    However, if the funds are needed urgently, the bank deducts a fee, which represents 60 days of accrued interest on the amount withdrawn.

    Where will my Green Savings Account investment go?

    With the Green Savings Account, we will support environmentally-friendly initiatives. We will invest* your money in sustainable projects, such as energy-efficient real estate projects.

    Energy-efficient real estate:

    * The first loan round for suitable projects will be issued within 6 months of the product entering the market, or as soon as the deposit fund reaches 10 million EUR. Before then, deposited funds will be kept in the European Central Bank.

    What is the purpose of the Saving account?

    A savings account is a basic type of financial product that allows you to deposit your money and typically earn a modest amount of interest.

    What interest is applied to deposits that are renewed automatically?

    Deposits that are automatically renewed are subject to the interest rate and the terms and conditions of the deposit agreement in force on the date of the extension.

    How is the income tax on savings account interest calculated?

    Interest income paid by savings account is subject to personal income tax.

    What is the minimum amount of money you can have in a Savings account?

    There are no minimum amounts, the Savings account can deposit even small amounts. Discipline yourself for larger savings can be helped by a Savings Account with a signed regular payment.

    More opportunities

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    3rd pension pillar savings

    Set up a regular payment, save time and grow your pension savings without even trying. Service provided by Citadele subsidiary AS CBL Atklātais pensiju fonds.
    Find out more
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    Accident insurance

    Choose accident insurance for yourself and your family and avoid sudden expenses after accidental injuries, disability or even death. Service provided by Citadele subsidiary AAS "CBL Life".
    Find out more
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    Leasing

    Financing of up to 90% for the purchase of a vehicle. Great terms even if you are not a Citadele customer. Apply and receive a reply within 2 hours.
    Find out more
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