For high-interest account 31 days, a 31-day notice period applies for withdrawals, the funds are transferred 31 days after the registered withdrawal. If withdrawals must be made earlier, a fee of 2% of the withdrawal amount will be charged. The terms apply to deposits between 50,000 and 2,500,000, deposits under 50,000 and over 2,500,000 are interest-bearing at 2% for the entire deposit.
Everyday life is busy, and it's easy to lose track of all the options. Without speculating on complicated solutions, a high-interest account is a safe and good choice. You know what's happening with your money - it's growing, and you know how much.
The amount must be between NOK 50,000 and NOK 2,000,000 and you must save as a private individual. With a high-interest account with Kraft Bank, you get a competitive deposit rate, fee-free savings, monthly capitalisation, no fees or restrictions on withdrawals. If the number of withdrawals per year exceeds 12, further withdrawals are made free of charge by contacting the bank. There is also no lock-in period. Feel free to compare our conditions with other banks at finansportalen.no.
Opening an account is quick and easy. Log in with BankID and fill in the application form. Withdrawals are also easy. You manage it from our website and the money is in your regular bank account within two banking days at the latest. Deposits to your high-interest account are made using your unique KID number, which you will find when logging in to the deposit portal. The amount is paid into account 3207.22.78819.
Full terms and conditions for the high-interest account can be found here
As a Norwegian bank, Kraft Bank is a member of the Norwegian Banks' Guarantee Fund. The deposit guarantee from the Guarantee Fund covers up to NOK 2,000,000 per customer relationship. Here you can find more information about Bankenes Sikringsfond.