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Optima Bank review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Optima Bank suits savers who can lock euro money into a fixed term deposit and want the Bank of Greece regulating the account, with EU DGS up to EUR 100,000 behind the balance. The 2.1% headline rate is modest against a 3% typical rate, and the €50,000 minimum deposit is high.

Key facts

Best for
A fixed euro deposit for savers who can meet the €50,000 minimum.
Currency conversion fee
0.3%↗
Card type
Debit↗
Card network
Mastercard↗
Legal entity
Optima bank S.A.↗
Headquarters
Greece↗
Founded
2019↗
Support channels
Phone, Help-centre↗
Official website
optimabank.gr

Savings

Headline rate
2.1%↗
Rate type
Fixed↗
Term
6 to 12 months↗
Minimum deposit
€50,000↗
Deposit protection
EU DGS up to EUR 100,000↗
Access terms
Monthly interest payout; no early withdrawal penalty on the interest payout date; 6 or 12 month duration in euro↗
Account kind
Fixed↗
Regulators
Bank of Greece↗
Pricing model
Fixed rate

Brokers

Markets
Stocks, Bonds, Funds↗
Investor protection
EU ICS up to EUR 20,000↗

Credit cards

Perks
Interest-free instalments, Contactless payments, Apple Pay, Google Pay↗
Card kind
Credit↗

Facts checked September 26, 2026, 9 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedIn

Pros and cons

Pros

  • Interest is paid monthly and there is no early withdrawal penalty on the interest payout date.
  • Deposits are covered by EU DGS up to EUR 100,000, and the bank answers to the Bank of Greece.
  • A 0.3% currency conversion fee, under the 1% typical charge on cards.
  • A debit card on the mastercard network, plus a credit card with interest-free instalments, contactless payments, Apple Pay and Google Pay.

Cons

  • The €50,000 minimum deposit is out of reach for a first savings pot.
  • The rate is fixed and the term runs 6 to 12, so a rise in market rates will not lift this account.
  • Support runs on phone and help centre only.
Optima Bank

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Scored 8.7 / 10 by SumCue.

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Who it suits

  • Greek savers who want a known return and can leave the money in place for 6 to 12.
  • Customers who put a named regulator and EU deposit cover ahead of the highest headline rate.
  • Card users who spend in euro and want a low conversion fee alongside a fixed deposit.

Who should look elsewhere

  • Savers starting from small amounts, since the €50,000 minimum deposit is high.
  • Anyone who needs instant access to cash, because the fixed term deposit runs 6 to 12.
  • Traders seeking wider markets, since investing covers stocks, bonds and funds.

How Optima Bank compares

Where Optima Bank is available

Available
Greece
Licence in Greece
Bank of Greece (52/2/17.12.99), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Optima Bank pay on a time deposit?+

The account is fixed and fixed, paying 2.1%. Interest is paid monthly and there is no early withdrawal penalty on the interest payout date. That headline sits below the 3% rate typical of term deposits here.

How much do I need to open the deposit?+

The minimum deposit is €50,000, well past the €0 low end of this market. Terms run 6 to 12 in euro, so the balance has to stay available for that stretch and the payout arrives monthly.

Is my money protected if the bank fails?+

Deposits are covered by EU DGS up to EUR 100,000. Optima Bank is licensed by the Bank of Greece, licence 52/2/17.12.99, and investments sit under EU ICS up to EUR 20,000, a lower ceiling than the deposit cover, so check which pot you are opening before adding money.

What are the risks with the investment side?+

The investment side covers stocks, bonds and funds and sits under EU ICS up to EUR 20,000. Retail investing is lossy, with 70.15% of retail accounts losing money, so the fixed deposit is the calmer side of what this bank offers.

What cards does the bank offer?+

There is a debit card on the mastercard network and a credit card. The credit card carries interest-free instalments, contactless payments, Apple Pay and Google Pay. Currency conversion costs 0.3%, under the 1% typical card fee.

How do I get help?+

Support runs on phone and help centre, so help comes by phone or through the help centre. Across this category 35.2% of accounts offer live chat and 72.9% offer email, which sit outside the Optima mix.

Who is behind Optima Bank?+

Optima Bank is Optima bank S.A., a Greek bank founded in 2019 and based in Greece. It is regulated by the Bank of Greece under licence 52/2/17.12.99 and sells to individual savers and card users in Greece.

Can I get at my money early?+

The deposit runs 6 to 12 and the account is fixed, so the term holds for that period. There is no early withdrawal penalty on the interest payout date, which lets part of the monthly interest come out before maturity.

Sources

Compiled from 9 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Free ATM withdrawals, Protection.

Optima Bank

Optima Bank

A fixed euro deposit for savers who can meet the €50,000 minimum.

8.7/10See alternatives