- Service Name
HoistSpar
- Industry
Savings accounts
- Main Value Proposition
Fixed-term savings accounts from Hoist Finance AB (publ).
- Key Features
Three- to 36-month terms, BankID account opening and fixed interest over the chosen term.
- Use Cases
Compare terms and early-withdrawal conditions before opening a fixed-term savings account.
- Audience
People comparing fixed-term savings accounts in Sweden.
- Tags
Fixed-term savings
BankID
Swedish deposit guarantee
- Tagline
Fixed-term savings with HoistSpar
When interest is set
HoistSpar sets the fixed interest rate when it receives your first deposit. Early withdrawal can incur a fee. At maturity, you can have the balance paid out or reinvest it.
Swedish deposit guarantee
Eligible deposits are covered by Sweden’s state deposit guarantee up to SEK 1,150,000 per person and institution.