Receive interest on your account balance

If your monthly income is paid into a Citadele account, you will receive 0.2% per year on your average monthly X smart account balance. The maximum amount from which interest is calculated is 10,000 Euro. Interest earned is calculated on the final day of the month, and is transferred to your X smart account on the 1st of the next month.

If your income is not yet paid into a Citadele account, but you wish to receive interest on your X smart account balance, begin by transferring your wages to your X smart account. 

Remember, to receive interest on your account balance, your income must be paid into a Citadele account regularly.

Example of how interest on your account balance is calculated:

Average monthly account balance Average monthly balance for the purposes of calculation Interest accrued Interest rate Automatically deducted Personal Income Tax* Amount earned per month
526 EUR 526 EUR 0.09 EUR 0.2% per year 0.02 EUR 0.07 EUR
10 956 EUR 10 000 EUR 1.67 EUR 0.2% per year 0.33 EUR 1.34 EUR

*Learn more about capital income.