Question 1

What is the difference between a savings account and a fixed deposit?

Accepted Answer

A savings account lets you access your money at any time without losing interest (apart from the first free withdrawal per month). A fixed deposit locks your funds for a set period but typically offers a higher rate.

Question 2

What interest rate do savings accounts offer in Poland in 2026?

Accepted Answer

In 2026, Polish savings accounts offer between 3.5% and 6.0% gross p.a. The best rates usually apply to new deposits for the first 3 months. Kodenix Capital updates its ranking hourly.

Question 3

Can a foreigner open a savings account in Poland?

Accepted Answer

Yes. Ukrainians and other foreigners with a PESEL number and a valid residence document can open a savings account. A current account (ROR) at the same bank is usually required.

Question 4

How many free withdrawals per month does a savings account allow?

Accepted Answer

Most banks offer 1 free withdrawal per month. Additional withdrawals incur a fee (typically PLN 5вЂ“10).

Question 5

Are funds in a savings account covered by the BFG guarantee?

Accepted Answer

Yes. Funds are covered by BFG up to EUR 100,000 per person вЂ” combined across all deposits at a given bank.

Savings accounts