Young Deposit Account: get 3% on a 12-month term

Choose the best Deposit Account for your plans if you’re aged between 18 and 35.

Calculate your return

Enter the amount, choose between redeemable fixed-term or fixed-term funds and select the term.

Remember that the minimum deposit is EUR 5,000, with EUR 1,000 increments.

Fixed-terms fundsEasy-access funds

Terms (in months)

Gross interest rate

Total net interest

Young is the Deposit Account designed for you if you’re aged between 18 and 35.
It gives you the option to choose between fixed-term, reedimable fixed-term or flexible savings.

The return on the Young Deposit Account

Term 6 months 12 months 18 months 24 months 36 months 48 months 60 months
Fixed Term2.70%3%2.90%3%3%3.10%3.10%
Redeemable fixed-term-2.80%2.70%2.80%2.80%2.90%2.90%
Flexible
2.50% Promotional rate valid until 30/09/26.

The benefits of the Young Deposit Account

Competitive

Free to open, no management fees and no obligation to open a new current account with the Bank.

Digital

A fully digital deposit account.
With the dedicated app, you can manage your savings and bank on the go, wherever you are.

Secure

As a member of the Fondo Interbancario di Tutela dei Depositi (FITD – Italian deposit insurance), this savings account is completely safe: each account holder is protected up to € 100,000.

Compare available savings options for the Young Deposit Account

Fixed-Term

Minimum amount

€ 5,000

Interest payment

Quarterly or annual coupon.

Availability of funds

At the maturity date.

Stamp duty

0.20% on deposits that are not invested, borne by the customer.

Funds that are not invested

0.20% on deposits that are not invested.

Redeemable fixed-term

Minimum amount

€ 5,000

Interest payment

Deferred single coupon.

Availability of funds

Funds available 32 days after the request. If you withdraw all the funds, the Bank will not pay any interest. If you make a partial withdrawal, the interest will be recalculated on the funds that remain after the withdrawal.

Stamp duty

0.20% on deposits that are not invested, borne by the customer.

Funds that are not invested

0.20% on deposits that are not invested.

Flexible

Minimum amount

N/A

Interest payment

Quarterly coupon.

Availability of funds

Funds will be available 32 days after the request. In the event of total or partial withdrawal, the Bank shall nevertheless pay any interest accumulated until the amount is actually withdrawn. If the deposit is released only partially, interest will continue to accumulate on the residual amounts.

Stamp duty

0.20% on deposits that are not invested, borne by the customer.

Funds that are not invested

0.20% on deposits that are not invested.

Open a Deposit Account in 10 minutes

1. Prepare your documents2. Register3. Sign4. Verify your identity5. Activate the Deposit

Your Tax Code, two forms of ID, and the IBAN for your current account.

Fill out the form and upload your identification documents.

Digitally sign the contracts. You will find the IBAN of your Banca CF+ Deposit Account.

To verify your identity, make a bank transfer from your linked bank account to the IBAN of your Banca CF+ Deposit Account, entering your details in the recipient field. You can choose how much to transfer.

Log in to your Personal Internet Banking Area with the login details you received and activate the best savings solution for your needs.
You can choose between a Fixed-Term, a Reedimable Fixed-Term or Flexible Deposit Account.

1. Prepare your documents2. Register3. Sign4. Verify your identity5. Activate the Deposit

Your Tax Code, two forms of ID, and the IBAN for your current account.

Fill out the form and upload your identification documents.

Digitally sign the contracts. You will find the IBAN of your Banca CF+ Deposit Account.

To verify your identity, make a bank transfer from your linked bank account to the IBAN of your Banca CF+ Deposit Account, entering your details in the recipient field. You can choose how much to transfer.

Log in to your Personal Internet Banking Area with the login details you received and activate the best savings solution for your needs.
You can choose between a Fixed-Term, a Reedimable Fixed-Term or Flexible Deposit Account.

FAQs

  • What is a Deposit Account?

    A Deposit Account is a useful financial instrument for managing your savings effectively and earning a higher return than a standard current account.
    This banking product is the ideal choice for anyone looking to protect their savings and earn attractive returns in a simple and secure way.

    In addition to the Standard Deposit Account, Banca CF+ offers the Young Deposit Account, reserved for customers aged between 18 and 35 inclusive and featuring more favourable terms.

    Once you have opened your account, you can choose from three savings options:

    – Fixed-term, if you want to make the most of your savings and do not need to access them before maturity;
    – Redeemable fixed-term, if you are looking for a competitive rate without giving up the option to access your funds in advance;
    – Flexible, ideal if you want greater freedom, with deposits and withdrawals allowed at any time, subject to 32 days’ notice.

  • Which documents do I need to open a deposit account?

    To open the deposit account you must have:
    Tax ID or health insurance card
    Two identification documents
    Bank details for your linked account
    Phone number
    Email address

    As your primary identification document, you can choose one of the following:
    Italian identity card
    Italian passport
    Italian driver’s licence

    As your secondary identification document, you can choose one of the documents listed below, which cannot be the same as the primary document:
    Italian identity card
    Italian passport
    Italian driver’s licence
    Household utility bill
    Certificate of residence issued by your municipality or local government
    Photo ID issued by a local government.