Frequently asked questions

• Who is LeasePlan Bank?

  LeasePlan Bank is a 100% Dutch internet savings bank and a subsidiary of the Dutch public company LeasePlan Corporation N.V., with activities worldwide.

  Because LeasePlan Bank stands for an honest, transparent and customer-friendly approach, we offer comprehensible products with clear conditions. We always strive to offer you a high interest rate. Maybe not always the highest on the market, but the most transparent. Our interest rate is linked to Euribor®, the interest rate European banks charges each other, and is monthly adjusted. That way you know you always get a good interest.

• What is a LeasePlan Bank Term Deposit?

  With a Term Deposit, you lock in some or all of the balance of your internet savings account for a fixed period at a higher interest rate. That period may be 3, 6 or 9 months, or 1, 2, 3, 4 or 5 years. The corresponding interest rate applies for the entire period.

  Please note that at the moment of arranging the term deposit, the fixed interest rate will be higher than the variable interest rate paid on the internet savings account, but it is possible that during the fixed period the variable interest rate may rise above the fixed interest rate on your selected term deposit.

  You can link multiple LeasePlan Bank term deposits to your internet savings account.

• How do I open a Term Deposit?

  Opening a term deposit starts with opening a internet savings account. You can do this on the term deposit page or on the internet savings account page. You must open the term deposit at least one day before the commencement date of the term deposit.

  As soon as you have a balance in your internet savings account, you can open a term deposit.