For Saving
TERM DEPOSITS
Make your money work for you with our term deposits. It’s a simple, risk-free way to watch your savings grow over time.
QUESTIONS ARE THE KEY TO FINDING A SOLUTION. WITH SAVINGS, YOU CAN GO FURTHER.
A term deposit is a hassle-free way to save money. Choose the option that best suits your objectives.
Term Deposit
Rate up to 3.00% APR
Term 3 and 6 Months
Minimum amount 1.000€
WELCOME BOOST
This is our way of welcoming you to the world of Carregosa NextGen. These are the unique conditions for starting a long-term relationship.
Term Deposit
Rate 2.25% APR
Term 3 Month
Minimum amount 1.000€
NEXT MOVE
Once you have been welcomed, you can look forward to moving onwards and upwards. The conditions are unique and ideal for continuing a long-term relationship.
Term Deposit
Rate 2.75% APR
Term 3 and 6 Month
Minimum amount 1.000€
QUICK WIN
For those looking for the security of a term deposit through a short-term savings solution, this is an ideal option. Exclusive conditions for 3 and 6 months.
Term Deposit
Rate 2.25% APR
Term 12 Month
Minimum amount 1.000€
GROW ON
Boost your savings with Carregosa NextGen’s Grow-On Term Deposit. Setting up this term deposit allows you to top up your initial savings whenever you want.
WANT TO KNOW HOW MUCH YOU’LL EARN?
Enter the amount you want to invest in your chosen term deposit.
EXPLORE THE SOLUTIONS WE HAVE AVAILABLE FOR YOU
Find out how we can help you grow financially.
SHARES
Invest in the main markets and in the companies you most identify with, and start building your investment portfolio.
ETFs
Achieve your goals by buying ETFs and diversify your investments in different sectors and regions.
INVESTMENT FUNDS
Let the experts do the work for you. Choose the investment fund that best suits your objectives and allows you to invest wisely.
GOBULLING INVESTOR
An easy-to-use trading platform to help you focus on what really matters: achieving your goals.
EXPLORE MORE
Explore the financial literacy content that NextGen has for you, from themed articles to webinars with Banco Carregosa's experts, and improve your knowledge.
8 tips for choosing term deposits
4 min reading
Interest rates: what they are and what they mean for investors
7 min reading
What is TANB and what is it used for?
3 min reading
WANT TO KNOW MORE? WE'RE HERE TO HELP.
HAVE QUESTIONS? WE HAVE ANSWERS.
What is a term deposit?
A term deposit is a type of savings account where you deposit money with a bank for a set period of time. You receive interest on this deposit, which is calculated using a fixed rate. It’s a safe and predictable option for those who want to grow their savings.
How long can I leave my money in a term deposit?
The term of a term deposit can vary. The timeframe you choose should be based on your financial objectives and how quickly you need access to your money. This condition is defined in the Standardised Information Sheet (FIN in Portuguese) of each term deposit, along with the conditions for redeeming the deposit early.
How does the return for a term deposit work?
The return on term deposits is guaranteed and fixed from the outset. You will know exactly how much your money will have earned by the end of the agreed term, which gives you a sense of predictability and security.
Can I redeem my money before the deadline?
Although the purpose of a term deposit is to hold the money until the end of the term, early redemption is usually allowed. Depending on the conditions set, however, there may be penalties or loss of interest. Some term deposits do not allow early redemption. You should consult the standardised information sheet to find out this information before setting up the term deposit.
Is my deposit money safe?
Term deposits are guaranteed up to a maximum of €100,000, as they are protected by the Deposit Guarantee Fund.
PUT MONEY INTO YOUR ACCOUNT, ONE STEP AT A TIME.
Are you ready to start investing in your future?
WE ARE THERE FOR YOU
For day-to-day questions, we have a Customer Support line available on weekdays from 9am to 7pm.
T.: +351 213 232 960
Cost of calling the national fixed network.
Want to open an account and don't know how? Talk to us.
T.: +351 808 10 20 20
First minute: €0.0861. After the first minute (working days from 09:00 to 19:00): € 0.0317 (per second billing). VAT included
WE ARE EVERYWHERE AND HERE
Do you need help, or do you want to open an account or get started but don't know how? Talk to us.
Porto: Av. da Boavista, 1083
4100-129 Porto, Portugal
Lisboa: Rua Latino Coelho, 37-B
1050-132 Lisboa, Portugal