The alternative to the best term deposits
Looking for a short-term investment with full flexibility and strong returns? Manage your cash reserves with Spiko
Built for safety
We team up
with industry leaders
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The best term deposit isn’t one, compare for yourself
One month’s notice is required.
Without penalties
Without notice
Term deposit accounts are not the most efficient option for managing your cash
Opaque rates, varying from client to client
Funds frozen for months
Advance notice and penalties apply for early withdrawals
Spiko, your go-to expert for cash investments
Invest your money directly, don’t let your bank do it for you.
All of your funds earn returns
0 deposit fees, 0 withdrawal fees, 0 subscription fees
Attractive returns for 100% of our clients
Interest paid daily
Instant withdrawals
Service available from €1
Find out the cost of your idle cash
Every day your money sits idle, it’s working for someone else.
Join +5000 businesses who chose Spiko
Get started with Spiko.
Try Spiko in just a few clicks without commitment.
Create your Spiko account.
Open a Spiko account in just a few clicks from our web platform: enter your details, secure your account with two-factor authentication, verify your identity with your phone, and you're ready to earn!
Deposit your cash anytime you like.
Make a deposit by bank transfer to the custodian bank, one of the largest in the world.
Every day, your deposit earns interest.
Your cash is growing daily through earned interest. The interest is automatically reinvested, with no action needed from you.
Withdraw your cash at any time, with no fees.
Withdraw all or part of your funds, including interest, with no notice or fees. Withdrawals are processed daily, and for orders placed before 12:25 PM CET, your cash will arrive in your current account the next business day (T+1).
Your cash deserves more than a term deposit
FAQ
How long does a withdrawal take?
Transfers are instant for amounts up to €500,000 per day.
For withdrawals over €500,000, orders are processed daily at 12:25 PM CET. Requests placed before 12:25 PM on a business day will arrive the next business day (T+1). Requests placed after 12:25 PM or on non-business days will arrive the following business day (T+2). There are no withdrawal limits.
What are the fees for using Spiko Euro?
The only fee for using Spiko Euro is an annual management fee of 0.25% on your deposited funds, calculated daily on a prorated basis. The interest displayed on our website or in our app is always shown net of fees. There are no fees for maintaining a Spiko account, and deposits and withdrawals are free of any transaction charges. Last but not least, there are no custody fees.
What are the risks and how are my funds protected?
Your funds are backed by a Tier 1 bank and are at risk only in the unlikely event of its default. In such a case, your funds remain protected by the portfolio of securities wholly owned by Spiko's funds, which would be promptly liquidated to minimize any potential losses. In the event of residual losses following the liquidation of the securities portfolio, Spiko Euro would hold a senior claim on the bank.
How would I access my funds if Spiko goes bankrupt?
First and foremost, you have no financial exposure to Spiko’s insolvency, as your funds are never on Spiko’s balance sheet. When you deposit funds, they are transferred directly from your checking account to the depositary bank. Likewise, withdrawals are sent straight from the depositary bank to your designated bank account. The account must be in your name, as Spiko cannot be used as a payment method.
That said, Spiko’s insolvency could affect you operationally, as the platform might no longer be available for placing withdrawal orders, for example. Fortunately, Spiko’s products are regulated and supervised by the French Financial Markets Authority (AMF), and their operation does not depend on the distributor. In practice, you can always place your withdrawal orders through the management company by phone or email.
Can I use Spiko as an individual?
Absolutely! You can create an account and start using Spiko right away. If you own a company, you can manage personal and business accounts from a single interface. Each account remains separate, so funds cannot be mixed.