Your goals have a specific deadline, just like these savings. Over the next 5 years, the Poupança Mutualista Prazo 5.1 2024-29 - 11.ª Série scheme remunerates your savings with an average Gross Nominal Annual Rate of Interest of 2.500%.
An ideal savings solution to satisfy a medium-term project or need, be it a dream trip, your children's studies or training, a down payment on a house or the purchase of a new car.
Poupança Mutualista Prazo 5.1 It is exclusive for members and can be subscribed online.
The Montepio Mutualist Association is the majority shareholder of Banco Montepio, holding almost all of its share capital. Mutualist schemes are types of social security benefits for individuals . They are not bank deposits, insurance, Retirement Savings Schemes , investment funds or financial instruments, and are not covered by the Deposit Guarantee Fund, the Investor Compensation System, or by any other public or state guarantee or protection system. The Association's assets are solely responsible for the liabilities undertaken. Subscription to the schemes can be made at Banco Montepio branches or through the use of other channels, with Banco Montepio acting as a distributor of mutualist schemes, these being independent entities, with different nature and legal regime, namely Banco Montepio is a credit institution, while the Montepio Mutualist Association is regulated by its own diploma (Decree Law No. 72/90, of March 3) and other applicable legislation, and is not a credit institution, nor an insurance company or an insurance company nor an investment management/pension fund company.