A review of term deposit rates in Portugal reveals a competitive landscape among banks,with several institutions offering a 2.50% annual yield on short- to medium-term deposits. The table below details specifics – including deposit duration, minimum investment amounts, withdrawal restrictions, and other conditions – for offerings from a range of banks including Haitong, Bison, BEST, and Banco BIG, as of a recent assessment.
Portuguese banks largely held steady on deposit rates in December, following modest increases observed the prior month, according to a review of over 20 institutions. The analysis, completed on December 7th, focused on term deposits offering at least a 1% annual equivalent rate (TANB), and encompassed more than 200 products. Detailed information on the “Best Term Deposits in December 2025” is compiled in an Excel file available on a dedicated page covering the best deposit interest rates in Portugal.
While November saw some upward movement in rates, December brought minimal changes. Most banks maintained their existing offers, with only slight revisions at Montepio and similar adjustments representing less than a tenth of a percentage point. Investors can access a comprehensive database with over 10 variables per deposit, though reviewing the Standardized Information Sheets for each deposit remains crucial. Offers are subject to change, and the data should be considered a starting point for individual research.
A recent alert highlights the potential pitfalls of accepting automatic renewals on term deposits, a consideration for depositors to keep in mind. You can read more about this here. For further information on deposits, the Portuguese Banking Portal provides a helpful resource.
The following table provides a snapshot of the available options, with a more extensive and filterable dataset available in the Excel file. This allows users to compare rates, terms, and conditions to find the most suitable deposit for their needs. Updates to this information are planned throughout 2026.
TOP of the Best Term Deposits in December 2025
| Bank | Term | Days /Months /Years | Deposit Name | TANB | Minimum Deposit | Loss of Interest with Early Withdrawal | New Funds? | New Customers? |
| Banco BIG | 3 | months | Super Deposit | 3.00 | 5,000 | 85% | No | Yes |
| CGD | 6 | months | Boas Vindas Net | 3.00 | 250 | 100% | No | Yes |
| Haitong Bank Portugal | 3 | months | HB No Withdrawal | 2.75 | ? | Not Withdrawable | No | No |
| Banco Português de Gestão | 3 | months | BPG Start | 2.75 | 2,500 | Not Withdrawable | No | No |
| Haitong Bank Portugal | 6 | months | HB No Withdrawal | 2.70 | ? | Not Withdrawable | No | No |
| Haitong Bank Portugal | 3 | months | HB With Withdrawal | 2.70 | ? | 100% | No | No |
| BAI Europa | 6 | months | New Customers DECO PROTeste | 2.65 | 2,500 | Not Withdrawable | Yes | Yes |
| BAI Europa | 3 | months | New Customers | 2.60 | 2,500 | Not Withdrawable | Yes | Yes |
| BAI Europa | 6 | months | New Customers | 2.60 | 2,500 | Not Withdrawable | Yes | Yes |
| Finantia | 6 | months | Valor | 2.60 | 50,000 | Not Withdrawable | No | No |
| Haitong Bank Portugal | 6 | months | HB With Withdrawal | 2.60 | ? | 100% | No | No |
| Haitong Bank Portugal | 9 | months | HB No Withdrawal | 2.50 | ? | Not Withdrawable | No | No |
| Bison Bank | 2 | year(s) | Premium Yield | 2.50 | 25,000 | 100% | Yes | No |
| BEST | 3 | months | New Customers | 2.50 | 500 | 100% | Yes | Yes |
| Banco BIG | 6 | months | Super Deposit | 2.50 | 10,000 | 85% | No | Yes |
| Banco Atlântico Europa | 6 | months | Global Living | 2.50 | 2,500 | 100% | No | Yes |
| Open Bank | 6 | months | Open New Customers | 2.50 | 1 | TANB falls to 0.2% | Yes | No |
| Banco Carregosa | 3 | months | Welcome | 2.50 | 25,000 | 80% | No | Yes |
| Banco Carregosa | 3 | months | NextGen -Welcome Boost | 2.50 | 1,000 | 80% | Yes | Yes |
| Banco CTT | 3 | months | Saver | 2.50 | 5,000 | 100% | Yes | No |
| Haitong Bank Portugal | 1 | year(s) | HB No Withdrawal | 2.40 | ? | Not Withdrawable | No | No |
| BAI Europa | 1 | year(s) | Invest Premium EUR DECO PROTeste | 2.35 | 2,500 | 50% | No | No |
| Finantia | 1 | year(s) | Growth | 2.40 | 50,000 | Not Withdrawable | Yes | No |
| Haitong Bank Portugal | 9 | months | HB With Withdrawal | 2.40 | ? | 100% | No | No |
| Banco Português de Gestão | 1 | year(s) | BPG Save | 2.40 | 5,000 | Not Withdrawable | No | No |
