Savings Accounts

Earn above-market rates on your savings — with no hidden fees and the security of the Cyprus Deposit Protection Scheme.

Grow Your Money

Your Savings Work Harder at CUSB

Whether you are building an emergency fund, saving for a home, planning a holiday, or growing a nest egg for retirement, CUSB offers a savings account designed for your goal. We consistently offer rates above the Cypriot banking average — because as a member-owned bank, we pass our earnings directly back to you.

All CUSB savings accounts come with free online management, instant transfers to your CUSB current account, and protection under the Cyprus Deposit Guarantee Scheme.

  • Above-market interest rates, reviewed quarterly
  • Open with as little as €5 (membership share)
  • No monthly fees linked to any CUSB current account
  • Set up automatic standing order transfers from your salary
  • View and manage savings 24/7 via online banking or app
  • Instant transfers to your CUSB checking account
  • All deposits protected up to €100,000 per depositor (CBC scheme)

See Your Savings Grow

If you save €500/month for 3 years at 3.0% AER
Total Deposited
€18,000
Interest Earned
€816
Total Balance at 3 Years
€18,816

Illustrative only. Actual interest depends on account type and rate changes. AER = Annual Equivalent Rate.

Our Savings Accounts

Find the Right Account for Your Goal

Regular Savings Account

1.50% AER
Variable rate, reviewed quarterly

Our standard savings account — perfect for building an emergency fund or saving for a short-term goal. No minimum balance, no monthly fees, and instant access to your money whenever you need it.

  • Minimum opening deposit: €5
  • No monthly fees (with CUSB current account)
  • Instant access — withdraw anytime
  • Automatic round-up savings feature
  • Up to 6 withdrawals per month
Open Regular Savings

High-Yield Savings Account

3.00% AER
Variable rate · Minimum balance €1,000

Earn significantly more on balances above €1,000. Ideal for members who have already built an emergency fund and want their savings growing faster with easy access still available.

  • Minimum balance: €1,000 to earn full rate
  • No monthly fees with CUSB current account
  • Instant access — withdraw anytime
  • Savings goals tracker in the app
  • Rate tiers: 1.50% below €1K, 3.00% above
Open High-Yield Savings

Money Market Account

3.50% AER
Variable rate · Minimum balance €10,000

Our highest-rate instant-access account for members with larger balances. The Money Market Account offers the best of both worlds — premium interest rates with same-day liquidity when you need it.

  • Minimum balance: €10,000
  • Tiered rates increase with balance
  • Instant access on all balances
  • Monthly interest credited directly
  • Dedicated account manager for balances €50K+
Speak with an Advisor

Holiday & Goal Club Accounts

2.00% AER
Fixed contributions · Set your own goal date

Save towards a specific goal — a family holiday, a new car, a wedding — with a dedicated sub-account that keeps your money separate and your goal front of mind. Set your target and end date; we'll help you get there.

  • Set any savings goal and target date
  • Automatic monthly transfers from current account
  • Visual progress tracker in the app
  • Open multiple goal accounts simultaneously
  • Withdraw at goal date with no penalty
Open a Goal Account
Rate Summary

Current Savings Rates

Rates effective as of 1 May 2026. All rates are Annual Equivalent Rates (AER) unless stated.

Account Type Balance AER Rate Access
Regular Savings€5+1.50%Instant
High-Yield Savings (below €1K)€5+1.50%Instant
High-Yield Savings (€1K+)€1,000+3.00%Instant
Money Market (€10K–€49,999)€10,000+3.50%Instant
Money Market (€50K+)€50,000+4.00%Instant
Holiday & Goal ClubAny2.00%At goal date

Rates are variable and may change. Visit rates.html for full up-to-date rate schedule.

Start Saving Smarter Today

Open a savings account in minutes. No branch visit, no paperwork.