Ranking of deposits in Czech Republic: September 2026

✓ Pros

• ✓Guaranteed rate of 3.71% p.a. for the entire deposit term
• ✓Low minimum deposit from CZK 1,000
• ✓Free opening, maintenance and closing
• ✓Unlimited number of simultaneous deposits
• ✓Choice of 3/6/12-month terms at the same rate

✕ Cons

• ✕Requires an mKonto current account with mBank
• ✕Same rate regardless of the chosen term length
• ✕Funds stop earning interest after maturity without automatic renewal
• ✕Bank does not state an upper deposit limit

✓ Pros

• ✓Solid 3.7% p.a. rate already available on the 3-month deposit
• ✓Low minimum deposit from CZK 15,000
• ✓Multiple deposits can be opened at once, and the required account can be opened alongside the deposit
• ✓Statutory deposit protection up to EUR 100,000

✕ Cons

• ✕The 3.7% rate on the 1-month deposit only applies from CZK 1.5 million, otherwise just 2.7%
• ✕Longer 6- and 12-month deposits carry a lower rate (3.5%) than the 3-month option
• ✕Requires holding a current or savings account with MONETA
• ✕Early withdrawal is charged (2% p.a., min. 0.5%, max. 6%) and reduces the return

✓ Pros

• ✓Wide range of terms from 1 week to 60 months
• ✓Top rate of 3.60% p.a. for the 9-12 month band
• ✓Low minimum deposit of CZK 3,000
• ✓Statutory deposit insurance up to EUR 100,000
• ✓Automatic renewal, no action required from the client

✕ Cons

• ✕Top rate available only for the 9-12 month band
• ✕Long-term deposits (24-60 months) drop back to 3.00% p.a.
• ✕Early withdrawal always carries a penalty of at least CZK 1,000
• ✕Extra funds added during the term only earn interest from the renewal date
• ✕Fixed rate doesn't rise if market rates increase during the term

✓ Pros

• ✓3.20% p.a. rate for the full 12-month term
• ✓Low minimum deposit of 5,000 Kč
• ✓Simple, transparent product

✕ Cons

• ✕Only one term option available (12 months)
• ✕No data on the maximum deposit amount
• ✕Funds locked for 12 months with no flexibility

✓ Pros

• ✓Interest rate guaranteed for the entire deposit term
• ✓Account opening and maintenance free
• ✓Low minimum deposit of CZK 5,000
• ✓High deposit ceiling of CZK 10,000,000

✕ Cons

• ✕Top rate of 3% p.a. only on the 12-month variant
• ✕Shorter terms (3 and 6 months) earn only 2.5% p.a.
• ✕CZK 250 fee for early withdrawal

✓ Pros

• ✓3.7% p.a. rate on the one-month deposit
• ✓No fee for early withdrawal
• ✓No upper deposit limit
• ✓Automatic renewal can be switched off anytime without losing interest

✕ Cons

• ✕The highest rate applies only to the shortest, one-month term
• ✕The 6-month and 12-month terms share the same 3.0% p.a. rate
• ✕Early withdrawal forfeits the entire period's accrued interest
• ✕The CZK 30,000 minimum deposit may be a barrier for small savers

✓ Pros

• ✓Guaranteed rate of up to 2.50% p.a. for the three-year term
• ✓Deposit ceiling up to CZK 30 million, individual rates above that
• ✓Available in three currencies: CZK, EUR, USD
• ✓Free withdrawal of up to 20% of the deposit

✕ Cons

• ✕2.50% rate applies only to the longest, three-year term
• ✕Rates for shorter terms are not publicly listed
• ✕Penalty for withdrawing beyond the free 20%
• ✕Minimum deposit of CZK 10,000

✓ Pros

• ✓Guaranteed rate of up to 2.25% p.a. for the entire deposit term
• ✓Free setup, maintenance, and statements
• ✓No current account required with the bank
• ✓Low entry deposit starting from CZK 5,000
• ✓Withdrawal of up to 25% of the principal outside maturity with no impact on interest

✕ Cons

• ✕Withdrawing the full amount outside maturity reduces the earned interest
• ✕Unclear whether the 2.25% p.a. rate applies equally to all four lock-in periods
• ✕No information on the maximum deposit amount or on how interest is credited