A&G Banco is a bank from Spain. From the Netherlands you open an account through the savings platform Raisin: one Raisin account, with your money held at A&G Banco in your name.
For €50,000 we list 3 deposits from A&G Banco, with terms from 3 months to 1 year. The best-paying deposit runs for 1 year at an effective 1.60% a year.
The lowest minimum deposit is €20,000.
Savings at A&G Banco fall under Fondo de Garantía de Depósitos de Entidades de Crédito (FGD), the statutory deposit guarantee scheme of Spain, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Spain withholds 19.00% tax on interest by default; as a resident of the Netherlands you bring that down to 0% with a form.
No changes seen since we started following A&G Banco .