Bank deposit ranking (?7.6%) | July 2025
Looking for a deposit that will give you the most bang for your buck in July? Great! We’ve prepared a list of the best deposits offered by banks for July 2025. To help you make an informed choice, the list also includes a comparison of the deposit offer with the ranking of savings accounts.
How was the ranking of the highest interest-bearing deposits for July 2025 created?
Each of the deposits included in the ranking is covered by a deposit guarantee up to a certain amount.
Some offers are available in both short- and long-term versions, as reflected in the tables, but we focused on the interest rates available for the variants that match each comparison. Interest rates are also the main criterion we used when ranking each deposit. It is also important to remember that the rates quoted are annual rates and therefore do not reflect the profits achieved on shorter-term deposits.
SHORT-TERM DEPOSIT RANKING – JULY 2025
Welcome to Nest Bank deposit: 7.6%
The first place in the short-term deposit ranking was taken by the six-month “Lokata Witam” from Nest Bank with a fixed annual interest rate of 7.6%. Only new bank customers can take advantage of the offer by opening a deposit within one month of opening an account at Nest Bank, settled in PLN.
? VeloBank Active Loan: 7%
Second place is Velolokata for Active People from VeloBank with a rate of 7% per annum (for 6 months). The offer is intended only for new customers who provide marketing consent, open a personal account and meet the condition of regular monthly income of at least PLN 2,000.
? Promotional deposit with e-account options at mBank: 6%
The third-highest interest rate in the ranking is offered by mBank with a 3-month deposit promotion. Taking advantage of the offer requires opening a personal account with mBank. The promotion is only available to individuals aged 18-24.
Interest rates on short-term deposits – July 2025
Opening a deposit when opening a personal account (maximum 1 deposit, opened within 30 days of opening your first PLN account with Nest). This offer is for new Nest Bank customers. A personal account and activity requirements (e.g., regular deposits) are required to maintain the increased interest rate.
Personal account required.
VeloLokata for Active People is a special savings offer from VeloBank aimed at customers who haven’t used its savings products before. The deposit offers an attractive 7% annual interest rate for six months, with deposits ranging from PLN 1,000 to PLN 50,000. To qualify for the promotion, you must have a personal account with VeloBank, have regular monthly deposits of at least PLN 2,000, and provide marketing consent. Early termination of the deposit will result in loss of interest, and after the term ends, the deposit will automatically renew, but with less favorable terms.
Only for new customers aged 18-24
A 6% annual interest rate deposit for three months is a promotional offer from mBank available to 18-24 year olds who participate in the “I Can Do Even More – 4th Edition” campaign. To take advantage of the offer, you must open an eKonto Możyści (Possibility Account) between May 28 and September 30, 2025, and actively use the account while meeting the specified requirements (including phone payments, transfers to a phone number, and account deposits). Once the requirements are met, the bank will make the deposit available via the mobile app or transaction service. The deposit does not require an eKonto Możyści (Possibility Account) account or opening the deposit via a dedicated link in the banking system.
The Facto Deposit is a savings product offered by the Polish branch of BFF Bank SpA. It allows you to multiply your capital with interest rates of up to 5.25% per annum (for a 3-month deposit). The minimum deposit amount is PLN 5,000, and the term can range from 1 to 60 months. An additional benefit of the Facto Deposit is the absence of additional fees for maintaining the deposit account and processing transfers. Funds are covered by a deposit security guarantee up to €100,000.
Requires completion of formalities allowing for taxation of interest according to Polish regulations (19% vs. 25% according to Austrian law)
Inbank offers new customers a 3-month Start Deposit with a 5% annual interest rate. You can deposit up to PLN 50,000 without having to open a personal account. This offer is only available to those who haven’t previously held a deposit with Inbank. Simply open an online deposit and deposit the funds within 5 days. Terminating the deposit early will result in forfeiture of the interest. After the deposit expires, it can be automatically renewed with an additional 0.1% interest bonus.
Estonian Inbank offers customers a fixed annual interest rate on its standard term deposit account, depending on the term. The 6- and 12-month options offer a top rate of 5%. Although the deposit limit is only PLN 50,000, Inbank has not set any limits on the number of deposits a single customer can open, and in total, they can deposit up to PLN 1 million.
Breaking the deposit before the due date results in loss of interest.
The New Funds Online Deposit is an offer for those looking to invest surplus funds on favorable terms. The interest rate is 4.5% per annum for 2-month deposits and 4.2% and 4% per annum for 3- and 6-month deposits. This deposit is only available for new funds, meaning surpluses over existing deposit balances with Santander Consumer Bank as of June 10, 2025. This offer can be used by opening an online deposit. A personal account is not required.
Breaking the deposit before the due date results in loss of interest.
The New Funds Online Deposit is an offer for those looking to invest surplus funds on favorable terms. The interest rate is up to 4.5% per annum (for 3- and 4-month deposits), and funds can be deposited for periods from 1 to 36 months. The deposit is only available for new funds, meaning surpluses over existing deposit balances with Santander Consumer Bank as of June 25, 2025. This offer can be used by opening an online deposit. A personal account is not required.
The Euro deposit offered by Inbank is a solution for those who want to grow their euro savings. The product offers a fixed interest rate, depending on the selected deposit term (from 3 to 12 months). Profits accrue without the need to meet any additional terms and conditions, and the deposit process is fully online. The security of your funds is guaranteed by the Estonian Guarantee Fund, which protects deposits up to €100,000 per person.
LONG-TERM DEPOSIT RANKING – JUNE 2025
The long-term deposits ranking includes three options. The highest rate is offered by the CA AutoBank deposit, which offers an annual interest rate of 5.5% (deposit period: 12 months).
No capitalization of interest during the term – payment at the end of the period
No interest in case of early termination of the deposit
Interest rate on a deposit at the Italian CA Auto Bank The interest rate is 5.80% per annum and is fixed throughout the entire term. The minimum deposit is just PLN 100, making the offer accessible even to beginner savers. The product is available through the Raisin platform, which allows deposits in European banks to be made from a single online account.
Deposit opened online
Inbank offers fixed interest rates ranging from 3% to 5%, depending on the selected term – from 1 month to 5 years. The maximum deposit amount per deposit is PLN 50,000, but clients can have multiple deposits, up to a total of PLN 1 million. This offer is available to new and existing clients. Deposited funds are covered by an Estonian guarantee up to EUR 100,000. The bank does not pay interest in the event of early termination of the deposit.
Aion Bank offers a term deposit with a fixed interest rate of 4.75% per annum. Deposits can be placed for a period of 3 to 24 months, and there is no minimum deposit amount – customers can deposit any amount up to PLN 1,000,000. The deposit is available to both new and existing customers, but opening one requires a personal account. Deposits are opened via the bank’s app.
If the deposit is terminated prematurely, the client loses the accrued interest. Deposited funds, up to the equivalent of €100,000, are protected by the Belgian Guarantee Fund.
Average interest rates on deposits by duration
The chart shows that the highest percentages are offered by deposits with terms of 3 and 12 months – 4.91% and 4.9%, respectively. Deposits with terms of 6 months and more than 12 months offer average rates of 4.62% and 3.37%. We can also see a decline in average rates for deposits with the shortest terms compared to the previous month’s ranking .
Term deposits vs. savings accounts: comparison of offers from rankings as of June 2025
If we compare the rates in the deposit ranking with the interest rates on savings accounts in the second ranking, we find that the accounts offer slightly higher interest rates—6.06% for accounts and 4.45% for deposits. However, this is due to promotional rates set by banks to attract customers. These rates are time-limited and require meeting certain conditions.
When we compare the annual interest rate on deposits with standard rates on savings accounts, the situation looks completely different. Deposits offer an average of 4.45%, while savings accounts offer customers 1.29%.
Apart from the promotion, the choice between a deposit and a savings account is primarily a choice between a higher profit achieved at the expense of freezing money for a longer period in a deposit, and the flexibility of a savings account.
Deposit interest rates will fall in 2025: after the last NBP cut, the market expects further cuts
The interest rate on bank deposits and savings accounts in Poland is directly linked to the level of interest rates set by the Monetary Policy Council ( high rates favor more attractive interest rates on deposits ).
Following the June pause and a press conference by NBP President Adam Glapiński, who emphasized there was no rush to make further cuts, economists have postponed their forecasts for the next cut to September. The market expects the Monetary Policy Council to most likely leave interest rates unchanged at its July meeting (currently, the NBP reference rate remains at 5.25% and the deposit rate at 4.75%).
Chart of inflation and interest rates in Poland. Source: Tradingeconomics
Economists from Santander BP, mBank, and PKO BP consider September to be the most likely date for the next cut, which would amount to 25 basis points. Another reduction of a similar scale is possible in the autumn, which would mean ending the year with the reference rate around 4.75%.
Until recently, persistently high interest rates supported attractive interest rates on bank deposits. However, after the 50 basis points cut in May, banks began adapting their offerings to the new conditions. This trend is expected to continue in the near future.
FAQ
Jakie lokaty są najlepsze na lipiec 2025?
Nest Bank currently offers the highest interest rate among short-term deposits: 7.6%. The long-term deposit with the highest rate is CA Auto Bank: 5.8%.
Lokata a konto oszczędnościowe - co wybrać?
A term deposit often offers higher interest rates but locks your funds in for a set period of time, while a savings account is more flexible and offers access to your money at any time, at a lower rate. So, the choice depends on whether your priority is maximizing your returns or the freedom to use your savings .
Jak jest najlepsza lokata bez konta na lipiec 2025?
The highest interest rate deposit that does not require opening a personal account is the Start Deposit from InBank: 5%.
Czy mogę wcześniej wypłacić pieniądze z lokaty?
In most cases, early termination of the deposit means loss of interest.
Jak w Polsce opodatkowane są odsetki z lokat?
In Poland, the interest you earn on your deposit will be reduced by 19%, which will be paid to the State Treasury. This tax is known as the Belka Tax.
Czy lokaty są bezpieczne?
Deposits in Polish banks are among the safest ways to invest, as they are covered by the Bank Guarantee Fund’s deposit guarantee of up to €100,000 . Therefore, the risk involved is minimal. However, in the case of deposits in foreign banks, if they are covered by the deposit guarantee provided by the country’s equivalent of the BFG, the funds are also protected, although the recovery process may take longer.
Czy mogę założyć lokatę przez internet?
Yes, most banks allow you to open deposits online. You can do this through their online banking system or mobile app.
