Quint Assets Fixed Term Accounts
Our fixed term deposit accounts are the ideal choice to maximize your savings. All you have to do is choose the most appropriate term for you, the amount of your deposit, and wait for your interest to grow.
12-month fixed term account – 8,4% p.a. interest
A good combination of flexibility and high returns, our 12 month account gives you 8.4% p.a. interest paid quarterly. You can also extend your deposit for an additional 12 months, earning additional compound interest.
Minimum deposit: 10,000 EUR or currency equivalent.
Early withdrawal fee: loss of accrued interest plus 2% of capital
36-month fixed term account – 11,5% p.a. interest
Our 36-month account is the best choice for long-term savings, giving you the option of paying interest semi-annually (11.5% p.a.) or at maturity (34.5% of total return).
Minimum deposit: 10,000 EUR or currency equivalent.
Early withdrawal fee: loss of accrued interest plus 3% of capital.
Gold members earn an additional 0.5% annual interest
How can we pay such high interest?
Quint Assets and its portfolio of investments are strictly regulated by several regulatory acts in the Commonwealth, providing our members with a high level of security. We are only allowed to invest the paid-in funds in loans that we grant to our members. We have a strict lending policy and will lend to creditworthy individuals with a sufficiently high income, regular income and acceptable collateral. We charge our lending customers 16-18% interest per annum and pay our deposit customers 3.00-11.50% interest per annum accordingly. Our average margin between lending and deposit rates is 6%. This explains why we can pay higher interest rates than traditional banks. However, given the above strict rules for managing our funds, we consider the risk level of our deposit accounts to be low. Our balance, all loans extended to our customers and equity serve as collateral for our deposit customers. Furthermore, we diversify our investments and can profitably sell assets in various regions of the world through our branches, adapted to the best market conditions. Raymond has been around for more than a decade and our company continues to grow year after year.
In case you are looking for an investment with a bank we have a large selection of Capital Protected Products from major European banks. These products pay regular coupons between 5% and 20% on annual level.