BCP/BBVA Credit Union 1.1% AER Deposit

The new BCP/BBVA 1.1% AER Deposit for credit unions offers annual interest of 1.1% AER (paid out annually) from one of Europe’s largest and strongest banks.

• Interest of 1.1% AER paid annually in March
• New A- rated counterparty for credit unions
• BBVA has higher credit ratings than domestic Banks
• Market cap of €42bn
• Minimum Deposit €500,000
• 7 year fixed term
• Deposit date 11th March 2016

 

WARNING: If you invest in this product you will not have any access to your money for 7 years.