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Top 8 corporate term accounts
Temps de lecture : 4 minutes
Has your company generated surplus cash and would you like to optimize its management by opening a term account? This is an investment product appreciated for its lack of risk, despite its limited flexibility due to the freezing of funds. Which are the best corporate term accounts on the market? Here are our top 8 to help you make the best possible comparison before making your choice.
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Summary of the best corporate term accounts
| Interest rates | Minimum amount | Security of funds | Investment period | Release conditions | |
|---|---|---|---|---|---|
| SG | 2,5 % | 8 000 € | ✅ | 1 month minimum (renewable by tacit agreement) | Early withdrawal possible except within one month of investment &. Additional payments possible &. Renewable by tacit agreement |
| Crédit Mutuel | 2,6 % | 150 € | ✅ | 18 months to 5 years | Choose between interest payment or term account renewal |
| Direct placement | 2,15 % à 2,60 % | 10 000 € | Bank deposit guarantee | 1 to 5 years | Payment of principal and interest at maturity Possibility of opening several term accounts |
| Boursobank | 2,4 % à 3 % | 1 000 € | ✅ | 1, 3, 6 or 12 months | Interest payment only at contract maturity |
| Distingo | 2,75 % | FGDR guarantee up to €100,000 | 1 an | ||
| Monabanq | Graduated interest rate from 2% to 3.70%. | 3 000 € | ✅ | 5 years (Renewable annually by tacit agreement) | Payment of principal and interest at contract maturity |
| LCL | 2,5 % | 4 500 € | ✅ | 2 to 8 years | Payment of capital and interest at contract maturity Possibility of partial withdrawal |
| Klarna | 2,65 % à 2,74 % | Up to €100,000 | 3 months to 48 months | ||
| Hero | Up to 3%. | No minimum amount | ✅ | Infini | Interest-bearing current account |
A reminder of what CAT Pro is
A Pro term account is a business account that allows a company to deposit surplus cash and make it grow for a set period of time .
It thus differs from the current account, which is used for the company's day-to-day financial transactions (payments, transfers, etc.).
Here are the specific features of a pro term account:
Capital is blocked . It is only available at the maturity date stipulated in the contract. Early withdrawal is possible, but subject to penalties.
No transactions are possible. Unlike a current account, a term account cannot be used for direct debits or payments, for example.
It's an interest-bearing account at an interest rate known in advance.
5 criteria for choosing a term account
A term account is thus an excellent opportunity for a company to grow funds without significant effort.
This is a popular financial product offered by most financial institutions, both traditional banks and neo-banks.
Here are some relevant criteria to consider when making your choice:
The interest rate
It can be fixed or progressive . If it is fixed, it remains the same throughout the term of the contract.
If, on the other hand, the interest rate is progressive, it changes according to a schedule set out in the contract. This is the case with Monabanq's term account, where the interest rate varies annually over a 5-year period.
This is an important criterion, as it determines the return on the account. The more attractive the interest rate, the higher the interest that will be added to the capital when the contract matures.
Minimum amount
This is the minimum deposit to open a term account.
Some establishments also set a maximum ceiling. Check that these different thresholds are appropriate for your needs.
Some, like Heropay, have no minimum amount.
Open a free accountSecurity of funds
In principle, the term account is a secure investment solution.
At a time of economic instability, however, it's reassuring to know that your capital is guaranteed.
Some establishments 100% investment protection . Others, on the other hand, only offer a guarantee from the FGDR, which is limited to €100,000.
Investment duration
You can choose between short, medium or long-term investment horizon.
You must choose according to your company's financial situation, bearing in mind that any early withdrawal is penalized.
Some offers are renewable by tacit agreement in increments of 1 month to 1 year. Others have no minimum investment period (like Heropay).
Open a free accountRelease conditions
In principle, both capital and interest are paid at maturity of the contract.
On the other hand, it is still possible to make an early withdrawal, subject to pre-determined penalties.
Some establishments allow you to withdraw money at any time without penalty (such as Heropay).
Optimize your cash flow with the Hero interest-bearing pro account (better than the CAT pro)
A player on the French financial scene since 2020, Hero offers a wide range of innovative products for small and medium-sized businesses.
Our interest-bearing account combines the advantages of an interest-bearing term account with the convenience of a current account:
Interest rates up to 5%. is more attractive than any offer in our comparison
There is no minimum amount
Funds are secure
Funds are available at any time. There are no release conditions or penalties for early withdrawal.
There is no minimum investment period. It's a permanent account.
In short, the term account is an investment product that offers companies the opportunity to grow their surplus cash effortlessly. However, it is important to compare the various offers and choose the one that best suits your needs.
Open a free accountHero's interest-bearing current account is the ideal compromise between a current account and an interest-bearing account. corporate term account. Its key advantages are one of the highest interest rates on the market, no term and availability of funds at any time without penalty.
