Startup Showcase: Deposit Planet – Putting the Interest back into Your Savings!

1 min read

Saving money is something that we all know we should do, but putting our hard-earned cash away for the future is easier said than done. Between complicated banking systems, fluctuating interest rates, and hidden fees – it’s no wonder that most people shy away from even attempting to save. Enter Deposit Planet – the commission-free mobile app that’s revolutionizing the way we save money.

Opening Term Deposits in Trusted Banks, Around the World

Many of us have heard about the benefits of putting our money into term deposits, but when it comes to finding a good rate, the process can be daunting. That’s where Deposit Planet comes in, allowing you to open term deposits in the most trusted banks from many foreign markets. By using the app, you gain access to the most attractive interest rates across the globe – up to 6% pa, in some cases!

National Deposit Guarantee Schemes for Protection

We all know the importance of protecting our savings. Deposit Planet makes sure you’re covered, by choosing only to work with term deposits that fall under national deposit guarantee schemes. This means that your money will be protected, no matter what the economic landscape looks like.

Foreign Term Deposits in Multiple Currencies, Hassle-Free

One of the most significant concerns when dealing with foreign term deposits is the risk of currency exchange. With Deposit Planet, this is not an issue. All foreign term deposits are denominated in GBP, EUR or USD – so you’ll never incur currency exchange risk. Not only that, but everything is paperless, and the entire process can be completed directly from your phone.

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Easy Diversification, Across Banks, Countries and Continents

Diversification is a critical concept when it comes to investing, and the same can be said for saving. With Deposit Planet, you can distribute your savings across different banks, countries and even continents – all from your phone. No longer do you need to worry about geographic limitations, as the app allows you to invest anywhere in the world.

Flexible Term Deposits that Can be Closed at Any Time

Term deposits have traditionally been viewed as a long-term investment, with most requiring a term of at least 12 months, if not longer. This can be off-putting for those looking for a more flexible savings option. Deposit Planet eliminates this issue, as you can close your term deposits at any time – without the need to freeze your money for the long term.

Conclusion

Deposit Planet is changing the way we save, by making it accessible, transparent and global. If you’re looking for an app that puts the interest back into your savings – look no further than Deposit Planet.

Website: https://depositplanet.com/
Twitter: https://twitter.com/DepositPlanet
Facebook: https://www.facebook.com/depositplanet
LinkedIn: https://www.linkedin.com/company/deposit-planet-ltd/


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