Savings for your future

With the Green Savings Account, we will support environmentally-friendly initiatives. We will invest your money in sustainable projects, such as energy-efficient real estate projects.

Energy-efficient real estate:

• The home has been awarded an A++ energy-efficiency class;
• The level of primary non-renewable energy used in the building is at least 10% lower than stipulated for the non-renewable energy level of a Nearly Zero Energy Building in accordance with local legislation.

The payment of interest is regulated by the Personal Income Tax Law of the Republic of Lithuania. The amount of interest is not taxable if the amount of interest received during the tax period does not exceed 500 euros. Income tax is calculated from the amount of interest received during the tax period, which exceeds the amount of 500 euros. Among the cases where the income tax is paid for the entire amount of the above-mentioned interest, the State Tax Inspectorate indicates those cases where the interest income was received by those residents whose permanent residence is in the target territory. Taking into account the fact that the payment of interest income is subject to the rules laid down in legal acts, please use the information provided here as an informational notice only. This information cannot be considered as tax advice. In order to assess your tax obligations, you must assess your situation individually, and if necessary, familiarize yourself with the information provided by the State Tax Inspectorate, which can be found at www.vmi.lt. On the above-mentioned website, you can also find contacts with whom you can contact the tax inspectorate for advice on relevant issues.

If you want to withdraw money from a Savings account without paying a commission fee, you must notify the bank 35 days in advance. However, if you wish to receive your money sooner, without submitting a request, you must pay a commission fee, which is 1 % of the withdrawal sum.

If you wish to withdraw money from your Green Savings Account without paying a commission fee, you must notify the bank 60 days in advance. However, if you wish to receive your money sooner, without submitting a request, you must pay a commission fee, which is 1 % of the withdrawal sum.

There is no minimum, you can also deposit small amounts of money in the Savings Account and Green savings accounts. A regular payment may help you with the discipline to deposit larger amounts.

A savings account is one of the basic types of financial products, which allows you to deposit money and, usually, earn additional amount of interest, while maintaining the ability to withdraw your money within a relatively short amount of time.

We offer higher interest rates for deposits from 35 000 EUR, contact us for full terms! The interest rate also depends on the term of the deposit agreement, i.e. the longer the deposit is kept in the bank, the higher the interest is paid.

All deposit agreements can be terminated at a bank branch or by submitting a request at „Citadele“ online bank.