A fixed-term deposit is a financial product in which you deposit a certain amount of money in a bank for a set period of time in exchange for receiving a fixed interest at the end of the agreed term.

It is a fixed-term deposit that you can open for as little as €5,000, that pays interest after 12 months. You will receive a higher return on your deposit if you have other eligible CaixaBank products.

You can get 0.5% NIR (0.5% AER) when you open a CaixaBank Interest-Bearing Deposit, with no obligation to have any other products or services. You just need to have a CaixaBank current account, where you will receive the interest payment after the term of the deposit.

The NIR, or nominal interest rate, indicates the yield of the Interest-Bearing Deposit. The AER, or annual equivalent rate, is calculated based on the cost and yield of your money.

In the Interest-Bearing Deposit, some of the eligible products have a cost associated with them. For example, if you have MyBox Retirement, this product has a minimum annual cost of €132. This is why, depending on what you pay for the eligible products, the NIR and AER may not match.

As a representative example: suppose you open a 12-month Interest-Bearing Deposit with a contribution of €20,000. If you also have MyBox Retirement, at a cost of €132/year, you will get an NIR of 0.75% (0.5% for the deposit + 0.25% for having MyBox Retirement) and 0.09% AER.

If you don't take out any of the eligible products and/or services, you will get 0.5% NIR (0.5% AER) on your money. Depending on what CaixaBank products and/or services you take out, you could increase the NIR by up to 1%. The maximum interest offered by the Interest-Bearing Deposit is 1.5% NIR. This is explained in the following representative examples:

**The AER calculation takes into account the costs of the eligible products: Life Insurance (with a minimum premium of €120 per year) and MyBox Retirement (with a minimum premium of €132 per year). The AER may vary depending on the prices of the products you take out and the balance you deposit.

If you want to withdraw early the full amount you paid into the Interest-Bearing Deposit, you will not receive any interest. If you want to withdraw part of the amount early, provided you maintain a minimum balance in the deposit of €500, you will receive the interest on the money that remains in the deposit, but not for the money you take out. The initial conditions will apply to the amount you keep deposited, which we will use to calculate the minimum interest and any additional interest based on any eligible products and/or services you take out.

For example, if you contributed €5,000 when you opened the Interest-Bearing Deposit and you want to withdraw the full amount early after six months, you will not receive any interest on your money. If you withdraw €4,500 six months after you opened the deposit, only €500 will remain, and we will calculate the 12-month NIR and AER based on this amount. In this example, the initial conditions will apply to the €500, which is the amount we will use to calculate the minimum interest and any additional interest based on any eligible products and/or services you take out.

You can get more information at:

• Direct deposited salary
• VidaCaixa Life Insurance.
• SegurCaixa Adeslas Health Insurance.
• SegurCaixa Home Insurance.
• Securitas Direct MyBox Home Alarm.
• Senior Protection from VidaCaixa and SegurCaixa Adeslas.
• MyBox Retirement from SegurCaixa.

You will receive the interest at the end of the term of the deposit (one year after opening it).

You don't need to have the eligible products and services taken out when you open the Interest-Bearing Deposit. To get the additional interest based on 12 months, you must have at least one of these products or services 2 months before the term of the deposit expires, and keep it for the duration of the deposit.

Other conditions apply for specific products and services, which are as follows:

• Life Insurance, Health Insurance, Home Insurance, MyBox Home Alarm or Senior Protection: these products must be active for 2 months before the Interest-Bearing Deposit expires.
• MyBox Retirement: this product must be active for at least 2 months before the Interest-Bearing Deposit expires, and you must have made at least one regular contribution.
• Direct deposit of salary: you must keep it direct deposited for 6 months. 2 months before the deposit matures, we will confirm that you have had your salary directly deposited in the 6 months prior to that date.

The benefits or returns of the fixed-term deposit in Spain are considered a payment in kind, and are subject to withholding as per the applicable tax laws.