Saving money in a profitable and secure way is one of the features of AEB Mobile. At any time, you can open a savings account in AMD for free through the app, with the feature of addings or withdrawing funds, and earn income with an annual nominal interest rate of up to 5%.

The bank reported that depending on the size of the savings account balance, different interest rate packages are applied (Start, Comfort, Maximum).

Interest is calculated based on the average daily balance of the funds in the account during the reporting month and is paid on the first business day of the month following the reporting month by being added to the account balance.

To open the savings account the customer should own the following card types issued in AMD by the bank:

•    A VISA GURU or VISA GURU TRAVEL card type (if the customer does not have any of such cards, in case of issuing a VISA GURU DIGITAL card the annual maintenance fee of the card is set free of charge)
•    other physical card except for ArCa Social, ArCa Gift cards (if the customer does not have a physical card, in case of issuing a Mastercard Standard or VISA Classic card the annual service fee of the card is set AMD 1,000).

The benefits of savings account are as follows:

•    Receiving interest against monetary funds in the account,
•    Managing the funds without limits,
•     Deposit funds into the opened account,
•     Using the funds existing in the account without losing the accrued interests,
•     Making regular replenishments from other accounts

Savings account is a profitable tool, and a flexible option to manage monetary funds via AEB Mobile. 
 
Armeconombank is supervised by the Central Bank of Armenia.