Distingo Bank credit-form leadgen review

The account pays a headline rate of 4.5%, and the rate is variable. The savings median on the site is 3.06%, so this sits well above the typical figure. Because the rate is variable, it can move over time.

The monthly fee is €0, and the account model is no monthly fee. So there is no recurring charge to hold the balance. The minimum deposit is €10, which is the only amount you need to open it.

Deposits are covered under EU DGS up to EUR 100,000, the EU deposit guarantee scheme. The account is operated by Banque Stellantis France SA, and the brand is supervised in France by the BCE (Banque Centrale Europeenne).

Withdrawal is by transfer only, to a current account in your name at a bank in France. The savings balance is easy access and can be reached at any hour on any day. Interest follows a minimum holding period, so money taken out early can lose interest.

The minimum deposit is €10, which is higher than the €0.17 median minimum across savings accounts. It still leaves the door open to small first deposits rather than a large opening balance.

It is an easy-access account, listed as easy access. Easy-access products make up 75.2% of the savings accounts on the site, so the format is common. There is no fixed term to serve, but the rate is variable rather than fixed.

Distingo Bank is the deposit brand of Banque Stellantis France SA, which is based in France. The bank was founded in 2013 and is licensed in France by the BCE (Banque Centrale Europeenne). Deposits fall under EU DGS up to EUR 100,000.

Support runs on phone, email and chat, so you can reach the bank by phone, email, chat or the help centre. A help centre is the most common support channel on the site at 79.6%, and phone support is available on 74.4% of accounts.