Banca Ifis — Rendimax Conto Deposito vs Banca CF+ — Conto Deposito Vincolato

Neither wins across the board: weigh the points above against your use case before choosing between Banca Ifis — Rendimax Conto Deposito and Banca CF+ — Conto Deposito Vincolato.

Banca Ifis — Rendimax Conto Deposito Banca CF+ — Conto Deposito Vincolato
Tier B B
Rating ★ 3.9 ★ 3.7
Max gross rate 3.5% 3.3%
Max net rate 2.39% — tax and stamp duty take 32% 2.242% — tax and stamp duty take 32%
Account type Fixed term Fixed term
Available terms 6m · 9m · 12m · 18m · 24m · 36m · 48m · 60m — up to 3.5% gross 6m · 12m · 18m · 24m · 36m · 48m · 60m — up to 3.3% gross
Early withdrawal No No
What early withdrawal costs No early withdrawal at all: the information sheet rules out access to the funds — «not even partial» — before maturity, and forbids closing the deposit or changing its term. 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.
Accrued interest forfeited No
Interest compounding Quarterly Quarterly
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 at each statement period Charged once a year
Deposit amount €1,000 – €3,000,000 €5,000 – —
Deposit guarantee EU guarantee €100,000 EU guarantee €100,000
Automatic rollover No
Requires a linked current account No No
Joint account Yes
Supported countries EEA · 1+ countries EEA · 1+ countries
Regulator Banca d'Italia Banca d'Italia
Segment B2C B2C
Regions EU/EEA EU/EEA
Licences & safety Licenza bancaria (Albo Banche n. 5508 · ABI 03205) Licenza bancaria (ABI 10312)
Banca Ifis — Rendimax Conto Deposito 3.9/5 · Tier B
Banca CF+ — Conto Deposito Vincolato 3.7/5 · Tier B

Frequently asked questions

Banca Ifis — Rendimax Conto Deposito vs Banca CF+ — Conto Deposito Vincolato: which is better?

Neither wins across the board: weigh the points above against your use case before choosing between Banca Ifis — Rendimax Conto Deposito and Banca CF+ — Conto Deposito Vincolato.

Is Banca Ifis — Rendimax Conto Deposito custodial or self-custody?

Banca Ifis — Rendimax Conto Deposito is custodial: funds are held by the platform, while Banca CF+ — Conto Deposito Vincolato is custodial.