The Conto Key information sheet published today in the Transparency section is identified only as «Edition 10/2026», with no day: we cannot date the source to the day, and an undated rate is not verifiable. One problem from the previous check is solved: this document's rates match the calculator on the product page, whereas edition 04/2026 lagged behind on the non-releasable lines. Only the full date is missing.
For this reason this service does not appear in our rankings, comparator or comparison pages: it will once its terms can be verified against a dated official document.
Banca Progetto — Conto Key (deposito vincolato)
Banca Progetto S.p.A.
Data verified on unchanged since the sources
Worth it if you want a fully online deposit with a choice between locked and releasable lines, backed by the Italian deposit guarantee up to €100,000.
Avoid it if you might need the money before maturity: on non-releasable lines you can exit only for a justified reason and by giving up all the interest.
Conto Key is Banca Progetto's online account, which alongside instant-access liquidity allows locked and releasable deposit lines over terms from 6 to 60 months. The product exists and can be opened online, but we have kept it out of our rankings: the information sheet in force carries only month and year («Edition 10/2026»), with no day. We would rather say so than publish a figure we cannot attribute to a dated document.
Data & conditions
| Deposit guarantee | EU guarantee €100,000 |
|---|---|
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Milan-based digital bank specialised in SME lending and salary-backed loans |
| MiCA / License status | Licenza bancaria (Banca d'Italia) Italian banking licence (Bank of Italy) |
Strengths
- The account opens entirely online and offers both locked and releasable lines, keeping the choice between yield and access open.
- Deposits covered by the Italian deposit guarantee scheme up to €100,000, as at any Italian bank.
- No notable sovereignty advantage documented.
Weaknesses
- The published information sheet is not dated to the day («Edition 10/2026»): there is no way to know from which day its rates apply.
- On non-releasable lines release can be requested only for a justified reason and, if the bank accepts, no interest is paid and any interest already received is clawed back as a penalty.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Italian banking licence (Bank of Italy)): reporting to authorities and freezes on order.
Verdict
Score 3.0/5, average profile. In its favour: the account opens entirely online and offers both locked and releasable lines, keeping the choice between yield and access open. The trade-off to weigh: the published information sheet is not dated to the day («Edition 10/2026»): there is no way to know from which day its rates apply.
On the Sovereignty lens the score is 0.4/5 (weak): the strength is censorship resistance (1.5/5), while fund control (0.0/5) is the weak link.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Banca Progetto — Conto Key (deposito vincolato), and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
Trustpilot ↗
3.6/5
561 reviews
TrustScore from mixed reviews (many about loans/salary-backed lending, not the savings account).
-
App Store ↗
1.8/5
90 reviews
'Banca Progetto Mobile' app (developer Banca Progetto s.p.a.), very low average rating.
Weighted average across 2 public review platforms (651 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Why does it not appear in your rankings?
Because every figure we publish must come from an information sheet with a date. The Conto Key one in force is identified as «Edition 10/2026», with no day. Its rates match the calculator on the bank's website, but without a full date we cannot say from when they apply. Ranking it alongside products read from dated documents would make the ranking less reliable than it claims to be.
Are the rates I see elsewhere wrong?
Not necessarily: they may be correct. The point is that we cannot attribute them to an official source dated to the day, so we do not publish them as ours.
Sources
- Official service page Data verified on Nov 4, 2026
- assets.ctfassets.net Data verified on Nov 4, 2026