The types of accounts and deposits do not stop in their unstoppable upward trajectory

The month of June and the first half of the year come to an end with new improvements in the yields of savings products. In recent days there has been a change in leadership both in the segment of interest-bearing accounts without conditions and in that of 12-month deposits, the most common term. Movements that will have an answer in the next few days.

The great protagonist is Renault Bank, which has raised the profitability of its 'Account With You', up to 2.63% APR. With this movement, it becomes the best payer in the Spanish market. In addition to the high yield, the attraction of this account lies in the fact that there are no maximum or minimum investment amounts and that the product is available to all clients.

The 2.63% of Renault Bank leaves behind the group of entities that make up the Austrian broker Bitpanda, Targobank, Banca Progetto, Evo Banco, Banco Sabadell, Freedom Finance, Norwegian Bank or Lea Bank, which are offering returns between 2.50 % and 2.56% in these products that do not require any type of link.

There has also been movement in deposits, thanks in particular to Banca Progetto, which has taken a step forward to become the best payer of the moment. Your deposits can be contracted through the Raisin platform. The entity has been the first to reach the level of 4% APR in a period of one year where the activity is concentrated in these products.

In this way, the Italian entity surpasses BAI Europa and LHV, which are paying 3.85% in both cases. Progetto has also raised the stakes in the rest of the terms. At six months it has the second best deposit, with a return of 3.60% only surpassed by the 3.65% of BAI Europe.

At 24 months, Progetto is the most generous bank with an interest rate of 4.07%. In a Spanish key, there have also been important movements. On Wednesday, EBN Banco launched an express offer for existing bank clients that will last from July 1-17. It pays 2.5% for four months, 3% for six months, 3.15% for nine months and 3.20% for one year. They are some of the best remunerations in the market for national entities.

In addition, Banca March has raised the yield on the 12-month deposit to 2.60%. Experts predict new upward movements throughout the month of July, in which the market is already discounting a 25 basis point rise in interest rates in the euro zone. Experts believe that another similar rise could take place around the turn of the summer.