Businesses often look for ways to manage excess liquidity. We compare interest rates on business deposits and savings accounts.
Savings accounts and short-term deposits
Nest Bank provides the BIZnest Konto Oszczędnościowe with a promotional rate of 6.1% for 90 days from account opening. This rate applies to amounts up to PLN 25,000, while the standard rate is 2%.
Erste offers the Lokata Biznes na Start with a standard interest rate of 4.5% for 3 months, covering amounts up to PLN 200,000.
Alior Bank new funds deposits
Alior Bank offers Lokata NA NOWE ŚRODKI w PLN 92D with a standard rate of 3.1% for 3 months, applicable to amounts up to PLN 10,000,000.
There is also the Lokata NA NOWE ŚRODKI w PLN 122D with a standard rate of 3% for 4 months, also covering up to PLN 10,000,000.
Example net returns
Note that a 19% capital gains tax (podatek Belki) is applied to all interest earned.
For PLN 10,000, the net interest after tax would be: PLN 123.53 in Nest Bank (BIZnest Konto Oszczędnościowe), PLN 91.13 in Erste (Lokata Biznes na Start), and PLN 62.78 in Alior (Lokata NA NOWE ŚRODKI w PLN 92D).
For PLN 50,000, net interest after 3 months in Erste is PLN 455.63, and in Nest Bank is PLN 308.81. In Alior Bank, the 92D deposit yields PLN 313.88, while the 122D deposit yields PLN 405 after 4 months.
Data: banks’ pages and fee tables in our database. Interest calculations are ours and indicative, before any fees. General information, not financial advice.
