Nest Lokata Witaj

Nest Lokata Witaj – Nest Bank's term deposit

Nest Lokata Witaj is a promotional term deposit from Nest Bank for new customers who want to park small or medium savings for a short period. The promotional rate is fixed, but only as long as you meet the promotion's conditions for the whole term. It's a product for people looking for a simple way to hold cash – not for those who want to deposit large amounts, as explained below.

Interest rate

The 6-month variant pays 6.10% per annum. The bank also offers a 3-month variant at 5.25%. The deposit can be opened for PLN 1,000 to PLN 25,000 – PLN 25,000 is the maximum amount for this deposit, you cannot place more on it.

The promotional rate is conditional. For the 6-month variant you must keep marketing consent active for all contact channels (SMS, push, e-mail, phone) for the whole term, and in every full month of the term meet one of two conditions:

• a salary inflow of at least PLN 2,000 to your Nest Konto,
• or any external inflows of at least PLN 2,000 to your Nest Konto plus at least 10 cashless card or BLIK payments.

For the 3-month variant, marketing consent alone is enough. If any condition is not met, the rate drops to 0.5% per annum for the rest of the term. Interest is credited only on the day the deposit ends – there is no capitalization during the term. Withdrawing the money early means losing the interest.

Terms and availability

Nest Lokata Witaj is meant for new customers: you must be 18 or older and open it within 30 days of opening a Nest Konto. Each customer can have only one such deposit – if you have ever had a Nest Lokata Witaj, you cannot open it again. The deposit is opened in the mobile app or online banking, with no branch visit. The minimum deposit amount is PLN 1,000. Funds on the deposit are covered by the Polish Bank Guarantee Fund (BFG).

The bank's website mentions no additional bonus or premium tied to this deposit – it's a purely interest-based term product, with no extra cash reward just for opening it.

Pros and cons

Pros

• High interest rate of 6.10% per annum if you meet the promotion's conditions
• Low entry threshold – the deposit can be opened from as little as PLN 1,000
• Short, six-month term – capital is locked up for a relatively short time
• Fixed rate for the whole term, as long as you meet the promotion's conditions every month
• Opened in the app or online banking, no branch visit needed

Cons

• The maximum deposit amount is PLN 25,000
• Monthly conditions (inflows to Nest Konto, payments or salary, marketing consent) – otherwise the rate drops to 0.5%
• New customers only – must be opened within 30 days of opening a Nest Konto, one per customer
• Interest is paid only at the end of the term, with no interim capitalization
• No additional bonus or premium – it's a plain interest-bearing deposit with no extra perks

Summary

Nest Lokata Witaj is a sensible option for new Nest Bank customers who want to deposit PLN 1,000 to PLN 25,000 for half a year and are ready to meet the promotion's conditions every month – then the rate is 6.10% per annum. Its biggest limitations are the low amount cap (PLN 25,000), the need to open a Nest Konto and open the deposit within 30 days, and the monthly conditions: failing them cuts the rate to 0.5%. Anyone wanting to deposit more than PLN 25,000 should consider another product.