Deposit Planet is the first global online marketplace for term deposits. We provide savers and investors with a safe, easy and transparent way to open term deposits in the most trusted and biggest banks around the world. Our mission is to change the way people save and invest.
We select banks
We search for the best banks that are able to offer the best returns on term deposits and maximum safety of your investment. We analyse a potential bank’s financial data, stability of operation, awards and achievements, and country of operation. We only cooperate with banks, that are key players on the local market.
We test the banks
Before we select a term deposit, we use our funds to conduct a real-life test set-up and settle. We do this to be absolutely certain that your money will be safe before we offer it to you.
Opening a term deposit
We also set up and then freeze the exchange rate that will be used to convert the original deposit currency into your mother currency.
Then you can choose which, or part of which, term deposit suits you best and buy the rights to it using your mother currency. After that you became the legal owner of the term deposit with all its rights and protection.
Interest payments and capital withdrawal
Your interest is calculated and added to your account on a daily basis, so you can stay up-to-date with how much you have earned across your portfolio. After your term deposit has matured you will be able to withdraw all your savings and earned interest.
For your convenience, we also offer you the possibility of early withdrawal. Please note that this will result in you forfeiting 50% of your earned interest.