Grow your short-term savings with Smart Deposit
Investing doesn’t have to be just for years ahead. With Finax, you can efficiently grow savings you plan to use soon.
The alternative to savings accounts
Smart Deposit is an attractive alternative to term and savings accounts. It offers higher and stable returns on available funds without lock-in. Smart Deposit is a managed portfolio built on money market ETF funds.
Minimum volatility
Composed exclusively of the lowest risk class funds 1/7, so its value hardly fluctuates at all.
Higher returns
With Smart Deposit, you earn more than with most savings accounts or short-term term deposits.
Lower fee
Just one fee: 0.5 % per year (incl. VAT). No charges for deposits, withdrawals, or trades.
Short horizon
Suitable for savings you will need in a few months
2.0%
annual
Gross variable annual return as of 30.04.2026. Smart Deposit’s return reflects the interest rates set by the European Central Bank.
Better returns than in the bank
Comparison of the average interest rates of savings and term products of the six largest Slovak banks as of 12.6.2025 for the purpose of short-term saving and appreciation of money.
See the transparent accounts of our clients
Dominik Hrbatý
Former professional tennis player
I opened a smart deposit shortly after its launch. See how its value has grown steadily since then.
Show accountAdvantages of Smart Deposit
Withdrawals at any time
You don’t have to lock your funds like with term deposits. You can request withdrawals anytime without fees, and money arrives in your account within 3–10 business days.
Tax-smart
The tax regime depends on each client's individual circumstances and may change in the future.
Safety & Security
Smart Deposit is our lowest-risk investment product. On transparent accounts, you can see it is subject only to minimal value fluctuations.
See the portfolio composition
The Smart Deposit portfolio is comprised of four money market ETFs. The majority is allocated in funds tracking the overnight depoist interest rate set by the central bank. The rest is made up of European government and corporate bonds with investment credit rating, which means there is only a minimal probability of the bond's emminent not paying back the promised money. The money market is a part of the financial market where securities with maturity up to one year are traded. Considering the short-term character of these tools, their risk and value fluctuations are mostly very low. The money market is considered the safest part of the financial market. Find out more about the Smart Deposit.
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For whom is Smart Deposit suitable?
Due to low risk, this product is suitable for anyone wanting to earn returns exceeding bank interest on short-term savings. We can open accounts for both individuals and legal entities (for legal entities, a minimum deposit of 50,000 euros is required).
Regarding financial goals, it is suitable for targets that are within a year's reach, e.g. a vacation, Christmas or paying taxes. Furthermore, it is suitable for people who are more risk-averse and who do not wish to see value fluctuations with their money.
How does a change in interest rates affect Smart Deposit?
The return of the Smart Deposit is linked to the interest rates set by the European Central Bank (ECB). When the ECB changes interest rates, the return of the Smart Deposit adjusts almost immediately.
Minimum height of the investment and setting the investment length
The minimum height of investment in this product is €50 000. Clients who have been with us for at least five years may invest as low as €10 000.
Finax offers two products for short-term investing: Smart Deposit and Wallet. However, their composition slightly differs, resulting in somewhat different risks of value fluctuations and expected returns.
Therefore, the value of savings in Wallet will fluctuate a bit more than in Smart Deposit. In exchange, it should generally offer higher returns during most periods.
Smart Deposit is more suitable if you need your savings within one year (e.g., for a vacation or tax payment) or if you do not want to see any value fluctuations. On the other hand, if you will need your savings in 1 to 3 years (e.g., for a car replacement or major home renovation) and are willing to accept some value fluctuation in exchange for higher returns, you should choose Wallet.
We have also written a separate blog on this topic. Read it for more information about the differences between these products and examples of situations where they are appropriate.
Is Smart Deposit as safe as a bank deposit?
The greatest risk for the Smart Deposit product is so-called interest rate risk. If the European Central Bank lowers interest rates, investors’ returns would decrease. Clients are informed by email about any changes in rates and Smart Deposit returns.
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Got questions?
At Finax, we provide various discounts to make your investments with us even more profitable. Alongside regular special offers, we offer several permanent discounts that allow you to exempt a part of your assets from the portfolio management fee: discount for inviting a friend and for transferring investments to Finax from competitors.
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