Fixed-term Savings Account

Fixed interest and steady income for the savings amount of your choice.

Know in advance what your income will be

You can see your account's fixed interest rate and interest income before you even open your account. The interest income will be paid to you at the end of the deposit period. 

Select a suitable deposit period for your term deposit

You can make a deposit for 1–36 months. Your savings will earn fixed interest throughout the deposit period.

As an OP cooperative bank owner-customer, your savings will earn you OP bonuses

From 1 January 2026 onwards, you can choose how you use your OP bonuses. You can use OP bonuses for paying banking service charges, insurance premiums and legal service fees, invest bonuses into funds via OP-mobile, or take the bonuses out in cash. The default selection is to use OP bonuses for banking service charges and insurance premiums.

Open a Fixed-term Savings Account

What is a Fixed-term Savings Account?

As the name implies, a Fixed-term Savings Account is an account in which you can deposit your savings for a specific period. You deposit a sum of your choice in the account as you open it. Thanks to the fixed interest rate, your savings will accrue interest throughout the deposit period. 

Choose the amount to be deposited and the deposit period and you can easily keep your savings in the account until the end of the deposit period and you don't need to use them before the end of the deposit period. Note that you cannot add funds into the account, nor withdraw any, during the deposit period. 

For whom is a Fixed-term Savings Account suitable? 

This account suits you if you want 

  • to make a term deposit, that is, deposit a specific amount into the account for a fixed period 
  • fixed interest and steady return on your savings 
  • to know how much interest income will be paid at the end of the deposit period 
  • to earn OP bonuses on your savings if you're an owner-customer. 

What is the interest rate for a Fixed-term Savings Account? 

The account has a fixed interest rate, meaning that the interest rate of the term deposit is unchanged throughout the deposit period. You can see the interest rate as you open the account. Interest is paid annually or until the deposit period you chose is over. Tax at source is charged on each interest payment.

You can see the interest rate of your Fixed-term Savings Account as you log into the op.fi service or OP-mobile and begin to open an account. At the same time, you can test how much return you will earn on your savings with various deposit periods. You can then open the account by accepting the account agreement.

How to make a term deposit into the account

  1. Choose your deposit amount, between 500 and 100,000 euros. If you wish to deposit a larger amount, please book an appointment with your own OP cooperative bank. 
  2. Choose 1–36 months as the deposit period for the account. 
  3. You will be shown the fixed interest rate and interest income, which depends on the amount deposited and the deposit period. 
  4. Read the Account Agreement and the terms and conditions. After this you can open the account.    
  5. When the deposit period ends, you'll get the amount of your deposit, and you'll be paid the accrued interest income minus the tax at source.


The account is provided by OP cooperative bank.