The alternative to the best certificates of deposit
Looking for a short-term investment with full flexibility and strong returns?
Manage your cash reserves with Spiko
Grow your cash, not your banker’s
Opaque rates, varying from client to client
Funds frozen for months
Advance notice and penalties apply for early withdrawals
The best term deposit isn’t one, compare for yourself
One month’s notice is required.
Without penalties
Without notice
*Includes a 0.7% welcome bonus for new clients, valid for 6 months.
Calculate your interest
Your current account is not earning interest. Your term deposit locks up your funds. Spiko puts your cash to work every day — with no lock-ins, ever.
Put your cash to work with no hidden costs
Our rates are always quoted net of an annual fee of 0.25%
They trust us with their cash
Your cash deserves more than a term deposit
FAQ
How do you provide daily access to my funds?
Daily liquidity is contractually guaranteed by the fund's prospectus. In practice, the market for Treasury Bills is the second most liquid in the financial system, right after the forex market. This liquidity lets us sell Treasury Bills in large quantities, ensuring we can meet any withdrawal request.
How is the daily interest determined?
Every business day, the fund's administrator calculates the value of the Treasury Bills in the portfolio, which sets the daily interest rate. On Fridays, the interest is tripled to cover the weekend.
What are the fees associated with using Spiko?
The only fee for using Spiko is a 0.25% annual management fee on your deposited funds, deducted daily on a prorated basis. The interest you see each day is always shown after this fee has been deducted. You have no fees associated with having an account open at Spiko. You also have no transaction fees on your deposits and withdrawals. Finally, you also have no custody fees.
Is my capital fully protected?
The Spiko EU T-Bills Money Market Fund exclusively invests in Treasury Bills issued and guaranteed by top-tier countries like France and Germany. While your capital is at risk if any of these countries default on their short-term debt, a sovereign guarantee is usually stronger than a bank's capital guarantee, as banks are more likely to fail than governments. This is why most large companies and institutions prefer parking their cash in Treasury Bills rather than term deposits. To learn more, read our article on capital guarantees.
How would I access my funds if Spiko goes bankrupt?
When you deposit funds, they go directly from your checking account to the custodian bank. Similarly, when you withdraw, the funds are sent directly from the custodian bank to your chosen bank account.Because your funds are never on Spiko’s balance sheet, Spiko’s failure would have no impact on them. In the unlikely event that you cannot place a withdrawal through the Spiko interface, you can request your funds directly from the management company by phone or email. The management company is supervised by the French Financial Markets Authority (AMF) and has a business continuity plan in place to ensure customers always have access to their funds.
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.