Banca CF+ — Conto Deposito Vincolato vs illimity — Conto Deposito
The choice depends on your real spending profile: redo the math with your volumes before picking between Banca CF+ — Conto Deposito Vincolato and illimity — Conto Deposito.
| Banca CF+ — Conto Deposito Vincolato | illimity — Conto Deposito | |
|---|---|---|
| Tier | B | B |
| Rating | ★ 3.7 | ★ 3.7 |
| Max gross rate | 3.3% | 3.35% |
| Max net rate | 2.242% — tax and stamp duty take 32% | 2.279% — tax and stamp duty take 32% |
| Account type | Fixed term | Fixed term |
| Available terms | 6m · 12m · 18m · 24m · 36m · 48m · 60m — up to 3.3% gross | 6m · 12m · 18m · 24m · 36m · 48m · 60m — up to 3.35% gross |
| Early withdrawal | No | No |
| What early withdrawal costs | On the standard fixed line it is not possible to «change the duration of an agreed term, nor request early return of the funds». Banca CF+ separately offers a releasable line, where exit requires notice and entails total or partial loss of accrued interest. | On lines without early-withdrawal rights the money stays locked until maturity «even if the deposit contract is terminated». Parallel withdrawable lines exist but pay far less: 2.75% instead of 3.35% at 24 months. |
| Interest compounding | Quarterly | At maturity |
| Interest paid upfront | No | No |
| Stamp duty | Paid by you — 0.2% of the balance per year | Paid by you — 0.2% of the balance per year |
| When stamp duty is charged | Charged once a year | — |
| Deposit amount | €5,000 – — | €1,000 – €20,000,000 |
| Deposit guarantee | EU guarantee €100,000 | EU guarantee €100,000 |
| Requires a linked current account | No | Yes |
| Supported countries | EEA · 1+ countries | EEA · 1+ countries |
| Regulator | Banca d'Italia | Banca d'Italia |
| Segment | B2C | B2C |
| Joint account | — | Yes |
| Regions | EU/EEA | EU/EEA |
| Licences & safety | Licenza bancaria (ABI 10312) | Licenza bancaria (Albo Banche n. 5710) |
Frequently asked questions
Banca CF+ — Conto Deposito Vincolato vs illimity — Conto Deposito: which is better?
The choice depends on your real spending profile: redo the math with your volumes before picking between Banca CF+ — Conto Deposito Vincolato and illimity — Conto Deposito.
Is Banca CF+ — Conto Deposito Vincolato custodial or self-custody?
Banca CF+ — Conto Deposito Vincolato is custodial: funds are held by the platform, while illimity — Conto Deposito is custodial.