FAQ > General questions

What is Deposit Planet?


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.


How does Deposit Planet work?

Deposit Planet is the first global online marketplace for term deposits.

Who can save through Deposit Planet?

At the moment, only individuals can save with us.

How does Deposit Planet make money?

Our main source of income is the difference between the term deposit interest we receive from the banks and the interest we offer our savers.

What is the cost of using Deposit Planet?

Saving through us is free of charge

How do I create an account?

To start using our service you need to download our app and pass our simple registration procedure. This should not take more than a couple of minutes.

ID verification - what do I need?

We are an important link between you and your chosen bank. So, we need to assure them that we follow stringent banking regulations known as Know Your Customer (KYC).