Deposits, savings, inflation and bonds
Four savings calculators in one place. You enter all the rates yourself, so you can compare any offers.
Result
- Gross interest
- 500.00
- Tax
- 95.00
- Net annual rate
- 4.05%
Tax is taken at each capitalisation, without the rounding banks apply.
Tax on interest
In Poland, interest from deposits, savings accounts and bonds is taxed at 19% (the “Belka tax”), taken automatically at each capitalisation. Untick the option if your savings are tax-free.
Compound interest
When interest is added to the balance, later interest is earned on a larger amount. Over many years of regular saving, interest on interest makes up a large part of the result.
Inflation
At 4% inflation a year, 10,000 in 10 years will buy what about 6,756 buys today. Savings only grow in real terms when the after-tax rate beats inflation.
Common questions
Does it use current bond offers?
No, because terms change every month. Enter the first-year rate and margin from the current offer.