Compare Savings Accounts in Portugal

Live offers across tracked providers in Portugal — updated daily from the Giraffy database.

Live offers

25 live offers compared from 15 providers, from 1.90% AER. Updated daily.

CGD Poupança Ativa Caixa Geral de Depositos

1.90% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 1,90% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €100

EuroBic Poupança PT EuroBic Portugal

2% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,00% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €500

Santander PT Poupança Santander Portugal

2% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,00% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €500

BPI Poupança Plus BPI

2.10% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,10% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

BBVA PT Savings BBVA Portugal

2.10% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,10% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Montepio Poupança Montepio

2.15% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,15% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Banco CTT Poupança Banco CTT

2.20% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,20% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Novobanco Poupança Novobanco

2.25% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,25% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Poupança BCP do Milênio Millennium BCP

2.30% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,30% TAEG
  • Tipo de conta: Poupança
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Banco BiG Deposit PT Banco BiG

2.40% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,40% TAEG
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Contrato de 1 ano
  • Limites de saldo: Mínimo €1.000

Banco CTT Depósito 12 Meses Banco CTT

2.50% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,50% TANB
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Duração de 12 meses
  • Limites de saldo: Mínimo de 5.000 euros

ActivoBank Poupança ActivoBank

2.50% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,50% TAEG
  • Tipo de conta: Economias online
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Banco BEST PT Poupança Banco BEST

2.70% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,70% TAEG
  • Tipo de conta: Economias online
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

Depósito Klarna em 12 meses Klarna

2.71% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,71% TANB
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Duração de 12 meses
  • Limites de saldo: Mínimo de 1 EUR

Revolut PT Poupança Revolut Portugal

2.80% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 2,80% TAEG
  • Tipo de conta: Economias flexíveis
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

CGD Depósito 6 Meses Caixa Geral de Depositos

3% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 3,00% TANB
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Duração de 6 meses
  • Limites de saldo: Mínimo de 250 euros

Banco BiG Depósito 3 Meses Banco BiG

3% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 3,00% TANB
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Duração de 3 meses
  • Limites de saldo: Mínimo de 5.000 euros

Economias inteligentes em PT Wise Portugal

3% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 3,00% TAEG
  • Tipo de conta: Economias flexíveis
  • Acesso/Termo: Acesso instantâneo
  • Limites de saldo: Mínimo €1

ActivoBank Depósito 3 Meses ActivoBank

3% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 3,00% TANB
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Duração de 3 meses
  • Limites de saldo: Mínimo de 500 euros

Banco BEST Depósito 3 Meses Banco BEST

3.25% AER

  • Tutela del deposito: DGS da UE — até 100.000 €
  • Taxa de juro: 3,25% TANB
  • Tipo de conta: Depósito a prazo
  • Acesso/Termo: Duração de 3 meses
  • Limites de saldo: Mínimo de 500 euros

ABERTURA DE CONTA ONLINE - CONTA SIMPLES ActivoBank

€50 /mês

ABERTURA DE CONTA ONLINE - CONTA SIMPLES da ActivoBank (Contas Poupança) em Serviços Bancários. Oferta ao vivo monitorada diariamente pela Giraffy.

  • Fornecedor: Banco Ativo

Depósito dinheiro novo ActivoBank

€50 /mês

Depósito de dinheiro novo do ActivoBank (Contas Poupança) em Serviços Bancários. Oferta ao vivo monitorada diariamente pela Giraffy.

  • Fornecedor: Banco Ativo

25% de desconto ActivoBank

€399 /mês

25% de desconto do ActivoBank (Contas Poupança) em Serviços Bancários. Oferta atualizada diariamente pela Giraffy.

  • Fornecedor: Banco Ativo

Plano Banco BEST Banco BEST

€500 /mês

Plano Banco BEST do Banco BEST (Contas Poupança) em Serviços Bancários. Oferta atualizada diariamente pela Giraffy.

  • Fornecedor: Banco BEST

Melhor Visa Gold Plus Banco BEST

€500 /mês

Melhor cartão Visa Gold Plus do Banco BEST (Contas Poupança) na categoria Bancária. Oferta atualizada diariamente pela Giraffy.

  • Fornecedor: Banco BEST

What are savings accounts in Portugal?

A savings account (conta poupanca) holds money you want to keep accessible while earning some interest, sitting between a current account and a locked-in term deposit. Unlike a depósito a prazo, savings accounts usually allow flexible deposits and withdrawals, though the rate is typically variable and can be lower. Portuguese savers also have the state-backed Certificados de Aforro and Certificados do Tesouro — government savings products often paying attractive rates — as popular alternatives to bank savings accounts for parking cash safely.

How the Portuguese market works

Banks offer savings accounts with variable rates that track the ECB and Euribor, sometimes with promotional tiers for new money or higher balances. Alongside them, the Portuguese state issues Certificados de Aforro (Series E) and Certificados do Tesouro through the public debt agency (IGCP), which many households favour for their competitive, state-guaranteed returns. Bank savings rates rose as the ECB tightened policy. Interest is subject to the 28% withholding tax, and accounts differ in whether they cap the balance earning the top rate.

Benefits

Easy access — deposit and withdraw more freely than with a fixed-term deposit.

Capital safety — bank accounts are guaranteed to €100,000, and state certificates are backed by the Portuguese Republic.

Earns interest — put idle cash to work rather than leaving it in a current account.

State alternatives — Certificados de Aforro offer competitive, government-guaranteed returns.

How to choose

Compare the gross rate, but check whether it is promotional, variable, or capped above a certain balance. Weigh flexibility against yield — a term deposit usually pays more if you can lock money away. Consider state certificates for a portion of your savings, comparing their rate and the maximum subscription. Factor in the 28% tax when comparing net returns. Confirm any conditions such as minimum balances, tiered rates, or requirements to hold a current account with the same bank.

Leading providers in Portugal

ActivoBank and Banco BEST offer accessible online savings accounts, while Caixa Geral de Depositos and Banco BPI provide savings products across their large networks. Banco BiG and Banco CTT run competitive savings and deposit options, and BBVA Portugal brings its own savings propositions. The state-issued Certificados de Aforro remain a benchmark many of these banks are compared against. Rates and conditions vary, so it pays to check both bank accounts and government savings products before committing.

What it costs

Savings accounts in Portugal usually have no account fee, so the relevant figure is the interest rate, which currently spans roughly 1.9% up toward higher promotional or state-certificate levels depending on the product and balance. There is generally no charge to deposit or withdraw, though breaking a linked term product early may cost interest. The 28% withholding tax reduces net returns. Compare net rates and any balance caps, and consider state certificates for part of your cash.

Protections and regulation

Bank savings accounts are supervised by the Banco de Portugal and protected up to €100,000 per depositor per bank by the Fundo de Garantia de Depositos. State savings products (Certificados de Aforro and do Tesouro) are direct obligations of the Portuguese Republic, issued via the IGCP, and are not subject to the deposit-guarantee limit because they are sovereign debt. Banks must publish rates and standardised information, and interest is taxed at source at 28% for residents.

Common questions

Savings account or term deposit? — Savings accounts are more flexible; term deposits usually pay a higher fixed rate.

What are Certificados de Aforro? — State-guaranteed savings products often paying competitive rates, an alternative to bank savings.

Is interest taxed? — Yes, a 28% withholding tax applies for residents.

Is my money safe? — Bank balances are guaranteed to €100,000; state certificates are backed by the Republic.

Savings Accounts in Portugal — FAQ

What is the highest savings rate in Portugal right now?

Giraffy tracks 5 savings accounts across Caixa Geral de Depositos,EuroBic Portugal,Santander Portugal,BPI,BBVA Portugal providers in Portugal. Sort by highest rate and filter by account type (easy access vs. fixed) to find the best deal for your timeline.

Is my money safe in a savings account?

Yes — the Fundo de Garantia de Depósitos protects up to €100,000 per person, per bank. Always confirm your institution is Banco de Portugal-regulated before depositing. If your balance exceeds the protection limit, spread funds across multiple separately-licensed banks.

What does p.a. mean on a savings account?

p.a. (per annum) is the standardised rate that accounts for how often interest is compounded over a year. It's the fairest number to compare across accounts — always compare like-for-like using p.a. rather than the gross or monthly rate.

What is the difference between easy access and fixed-rate savings?

Easy access accounts let you withdraw your money at any time — rates are variable and may change. Fixed-rate bonds or term deposits lock your money away for a set period (usually 1–5 years) at a guaranteed rate, which is typically higher. Choose fixed if you don't need the funds before the term ends.

Do I pay tax on savings interest?

Tax on savings interest varies by country and income level. Check your country's tax authority guidance or speak to a financial adviser if your interest income is significant.

Can I open multiple savings accounts at different banks?

Yes — and it can be a smart strategy. Spreading savings across banks maximises your deposit protection (€100,000 under the FGD per institution) and lets you earn the best rate at each bank. Just keep track of all accounts to avoid losing money to dormancy fees.

How quickly can I access my money in an easy access savings account?

Most easy access accounts transfer funds to a linked current account within one working day, and many process withdrawals the same day. Some accounts restrict the number of free withdrawals per month — check the terms before you open one if flexibility matters to you.