Tinaba — Deposito Vincolato (Banca Profilo)
Banca Profilo S.p.A. (app Tinaba S.p.A.)
tax and stamp duty take 34%
Data verified on last change 2,50% → 2,60% the sources
Worth it if you lock at least €1,000 for up to 24 months and want the early-release option: the standard 2.60% gross at 24 months needs no Premium membership.
Avoid it if you might exit before maturity: early release is allowed but zeroes the interest, returning only your capital.
Tinaba's fixed-term deposit is issued by Banca Profilo and activated from the app, provided you already hold a Tinaba Wallet. Rates split across two levels: the standard ones, for customers opening the wallet through the digital channel, reach 2.60% gross at 24 months; the "Tinaba Premium" ones rise to 3.40% at 12 months, but require signing a specific agreement and keeping the Premium membership active until the term matures. Early release is available here — except it zeroes the interest: you get the capital back and nothing else. Stamp duty stays with the customer, which is why the Premium 3.40% is worth 2.316% net. Entry is €1,000, and at maturity capital and interest return to the Wallet on their own. The rates in the November 2026 information sheet apply to sums locked by 10 November 2026.
Data & conditions
| Max gross rate | 2.6% |
|---|---|
| Max net rate | 1.724% — tax and stamp duty take 34% |
| Account type | Fixed term |
| Available terms | 3m · 6m · 12m · 18m · 24m — up to 2.6% gross |
| Early withdrawal | Yes |
| What early withdrawal costs | Early release is allowed but wipes out the return: the information sheet provides that on early closure the customer «will not receive the interest» and gets back only the capital, net of stamp duty and withholding. On partial release, interest is recalculated from the start on the remaining sums only. |
| Accrued interest forfeited | Yes |
| Interest compounding | At maturity |
| Interest paid upfront | No |
| Stamp duty | Paid by you — 0.2% of the balance per year |
| Deposit amount | €1,000 – €10,000,000 |
| Deposit guarantee | EU guarantee €100,000 |
| Automatic rollover | No |
| Requires a linked current account | Yes |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Deposit issued by Banca Profilo, a listed private bank; Tinaba is the app that distributes it |
| MiCA / License status | Licenza bancaria (Banca d'Italia) Italian banking licence (Bank of Italy) |
Strengths
- Early release is contractually available, partial or total, at no charge.
- At maturity capital and interest are credited automatically to the Wallet, with no written requests or steps to remember.
- Entry from €1,000 and a very high ceiling (€10m on the standard profile), with opening, closing and early release all free.
- No notable sovereignty advantage documented.
Weaknesses
- Early release zeroes the return: you get the capital back but not a euro of interest. The flexibility exists on paper, but costs everything the deposit would have earned.
- The 3.40% is reserved for Tinaba Premium customers and requires signing an agreement and keeping the membership until the term matures: if it lapses, so does the rate. We headline 2.60%, the highest rate obtainable without membership.
- Saw-tooth curve on the Premium profile: 18 and 24 months pay 3.15% and 3.20% against 3.40% at 12 months.
- The rates apply to sums locked by 10 November 2026, and the information sheet allows a term only on money paid in within 10 days of signing the contract: these are window conditions, not standing ones.
- 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 3.3/5, solid profile. In its favour: early release is contractually available, partial or total, at no charge. The trade-off to weigh: early release zeroes the return: you get the capital back but not a euro of interest. The flexibility exists on paper, but costs everything the deposit would have earned.
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 Tinaba — Deposito Vincolato (Banca Profilo), and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
Past incidents, resolvedDocumented and closed events. They stay on file: an operator’s past is data, not a verdict.
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Regulatory action Minor ✓ resolved
Bank of Italy fines Banca Profilo €190,000 over anti-money-laundering shortcomings
Following an inspection from 16 September to 20 December 2024, the Bank of Italy found shortcomings at Banca Profilo, the bank behind the Tinaba account, wallet, card and deposit, in its anti-money-laundering organisation, procedures and controls: customer risk profiling, due diligence and suspicious-transaction reporting. By measure no. 4 of 13/1/2026 it fined the bank €190,000, taking the corrective action into account. The official page shows no appeal. The findings concern internal controls, not customer funds.
↗ source
verified on
Public reviews
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Google Play ↗
4.5/5
9,213 reviews
Same reviews as the Tinaba listing (app it.tinaba.app, which also manages the deposit). Exact figure from JSON-LD structured data (ratingValue 4.468, ratingCount 9,213).
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App Store ↗
4.4/5
1,985 reviews
Same reviews as the Tinaba listing: the fixed-term deposit is opened and managed in the Tinaba app (id 1063359568), so the score reflects the whole app, not the deposit alone. Exact figure from itunes lookup.
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Trustpilot ↗
3.7/5
1,376 reviews
Same Trustpilot page as the Tinaba listing (bancaprofilo.tinaba.it). One recurring complaint is about deposits specifically: closing one means waiting about 10 days for the funds, with no interest accruing meanwhile. Other complaints concern account freezes and slow support.
Weighted average across 3 public review platforms (12,574 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Can I really withdraw whenever I want?
Yes, but at zero return. The November 2026 information sheet provides that on early closure the customer does not receive the interest and is returned only the sum held on the deposit, net of stamp duty and withholding tax. On partial release, interest is recalculated from the start of the period on the remaining locked sums only. The exit exists; the gain does not.
Why do you show 2.60% and not the 3.40% Premium column?
Because 3.40% is the Tinaba Premium column, which the information sheet conditions on signing a specific agreement, activating the Premium membership and keeping it until the term matures. The 2.60% at 24 months is instead the highest rate for standard customers (Tinaba Start) who open the wallet through the digital channel, with nothing extra to sign. We headline the figure obtainable without additional conditions.
What does the Premium 3.40% pay net?
2.316%. The information sheet lists stamp duty as «borne by the customer», so from 3.40% gross you subtract the 26% withholding and then the 0.2% duty on the balance: 3.40 × 0.74 − 0.2 = 2.316%. The standard 2.60%, on the same maths, is worth 1.724% net.
Do I need the Tinaba app?
Yes. The information sheet states that to use the fixed-term deposit the customer must have signed the Wallet contract with the Bank. The deposit does not exist as a standalone product: capital and interest move through the Tinaba Wallet.
Who actually holds my money?
Banca Profilo S.p.A., a listed Italian bank: Tinaba is the app that distributes the product. Protection is the Italian deposit guarantee scheme, up to €100,000 per depositor; above that threshold you fall within the scope of bail-in.
Sources
- Official service page Importi Data verified on Nov 4, 2026
Update history
- tasso_lordo_max_pct 2,50% → 2,60% November 2026 information sheet, rates valid on sums locked by 10/11/2026. Start: 3 months 2.10%, 6 months 2.20%, 12 months 2.50%, 18 months 2.50%, 24 months 2.60%. Premium up to 3.40% at 12 months (was 3.00%).