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VeloBank Deposit for New Funds — a short-term promotional deposit

The "Deposit for New Funds" is a short-term promotional deposit from VeloBank, aimed at customers who want to safely park a cash surplus for a short, two-month period without tying up their capital for longer. The product belongs to the bank's family of promotional offers for "new funds" — VeloBank runs analogous deposits in 3-month and 6-month variants as well, but in this review we specifically discuss the two-month variant, since that is the one covered by this offer in our database. This is primarily a proposition for people who expect a higher rate than on a standard savings account, while not wanting to commit to the bank for a longer term.

Interest rate

The deposit offers a fixed (unchanged throughout the term of the agreement) nominal interest rate of 3% per annum. This rate applies to funds from PLN 1,000 to PLN 190,000 placed in the deposit — this is the upper limit of the amount covered by the promotional rate. Any surplus above PLN 190,000.01 in the same agreement earns no interest at all (0%), so customers with larger savings should split their capital so as not to exceed this threshold on a single deposit if they want to maximize their return.

The deposit term is 2 months, and interest is only calculated at the end of that period — the product does not provide for interest capitalization during the term of the agreement, which is typical for simple term deposits. The bank's promotional page shows that the same campaign ("edition 11/2026", running from 6.08.2026 to 16.09.2026 at the time of verification) also covers 3-month (3.2% per annum) and 6-month (3.4% per annum) variants — however, these are separate products, with a different interest rate and a different term than the two-month deposit described here.

An important caveat: the higher interest rate applies only to so-called new funds, i.e. the surplus above the customer's balance before the given promotion edition was launched, not to the customer's entire capital held at the bank. This is a standard, but easy-to-overlook, condition of this type of offer — the headline 3% rate alone doesn't tell you whether a given customer even qualifies for it.

Terms and availability

The minimum deposit amount is PLN 1,000 when opened via remote channels (mobile app, online banking, online application). The bank's offer page indicates that for deposits opened in person, at a branch, the minimum threshold is higher, at PLN 5,000. The maximum amount covered by the offer rate is PLN 190,000 per deposit. The product does not require holding a personal account at VeloBank — it can also be opened by a customer with no prior relationship with the bank, although holding an account may make it easier to manage the funds once the term ends.

The deposit can be opened through multiple channels: the mobile app, online banking, the helpline, a branch, the transaction system, and an online application. The minimum customer age is 18; the bank does not set an upper age limit. The promotional page further indicates that within a single promotion edition a customer may open up to 3 such deposits, and the funds must arrive within 7 days of submitting the application — these are details not visible in the basic product data, but worth checking before opening the deposit, as they may change between successive editions of the promotional campaign.

Summary

VeloBank's "Deposit for New Funds" is a sensible option for customers looking for a short-term, safe place to park a cash surplus for 2 months at a fixed rate of 3% per annum — provided they genuinely have "new" funds within the meaning of the promotion's rules, and the amount fits within the PLN 190,000 limit. The actual profit from such a short period will, however, be small in absolute terms despite the attractively sounding annual rate, and any surplus above the amount limit earns no interest at all on this deposit. This is an offer worth considering as a supplement to a savings strategy, not its foundation — and like any time-limited promotion, it may disappear or change its terms once the current edition ends.