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Family cycling at sunset, growing their savings with Allianz Plazo Flexible at a guaranteed fixed rate

Allianz Plazo Flexible in Spain

Do you have savings sitting idle in the bank? With Allianz Plazo Flexible you invest for 2 to 5 years at a fixed interest rate guaranteed from day one. No surprises, no market risk and typically a better return than most bank deposits. Allianz also has a higher credit rating than most Spanish banks, and we explain everything in English.

A fixed, guaranteed interest rate for 2 to 5 years, with no market risk. From €3,000, explained in English.

Calculate my savings

How it works

2.60%

2-YEAR TAE

2.70%

3-YEAR TAE

2.80%

4-YEAR TAE

3.00%

5-YEAR TAE

Fixed return guaranteed for the term you choose icon

Fixed return guaranteed for the term you choose

Higher credit rating than most Spanish banks icon

Higher credit rating than most Spanish banks

Automatic quarterly renewal at the end of the term icon

Automatic quarterly renewal at the end of the term

Options

Choose the term that fits your financial goals

2 years: guaranteed short-term savings icon

2 years: guaranteed short-term savings

The most agile option. You commit your savings for 2 years at a fixed, competitive interest rate from day one. Ideal for a short-term goal such as a trip, a renovation or a family project. At the end, you can renew automatically or withdraw all your capital.

3 years: the balance between term and return icon

3 years: the balance between term and return

The most balanced and most popular term. It offers a higher guaranteed return than the 2-year option while keeping a comfortable time horizon for most savers. Your money grows with complete certainty for 3 full years.

4 and 5 years: the highest guaranteed return icon

4 and 5 years: the highest guaranteed return

For savers with a longer horizon who want the best possible return from a guaranteed product. The longer the term, the higher the fixed guaranteed rate. Ideal if you won't need the money in the coming years.

How it works

Save in 5 simple steps

You choose the amount icon

You choose the amount

You invest from €3,000 up to €10,000,000 as a single premium.

You choose the term icon

You choose the term

You decide on 2, 3, 4 or 5 years depending on your horizon and goals.

Your interest is guaranteed icon

Your interest is guaranteed

From day one you know exactly what return you'll get. It doesn't depend on any market.

Access to your money icon

Access to your money

From the first year you can withdraw your money if you need it (at surrender value). No permanent lock-in.

Automatic renewal icon

Automatic renewal

If you do nothing, at the end of the term your capital renews automatically every quarter at the rate in force until you decide to withdraw it.

Good to know

Guaranteed savings in Spain: four things expats should know

An alternative to a fixed-term deposit icon

An alternative to a fixed-term deposit

Plazo Flexible works like a deposit, with a fixed rate for a fixed term, but it's a life savings insurance policy backed by Allianz, rated 'AA' by S&P.

An alternative to a fixed-term deposit icon

An alternative to a fixed-term deposit

Plazo Flexible works like a deposit, with a fixed rate for a fixed term, but it's a life savings insurance policy backed by Allianz, rated 'AA' by S&P.

Tax only when you cash in icon

Tax only when you cash in

Interest isn't taxed year by year. For Spanish tax residents, the gain is taxed as savings income (19% to 30%) only when you withdraw.

Tax only when you cash in icon

Tax only when you cash in

Interest isn't taxed year by year. For Spanish tax residents, the gain is taxed as savings income (19% to 30%) only when you withdraw.

Early withdrawals are at surrender value icon

Early withdrawals are at surrender value

You can take money out from the first year, but before the end of the term you receive the surrender value, which depends on market interest rates at that time.

Early withdrawals are at surrender value icon

Early withdrawals are at surrender value

You can take money out from the first year, but before the end of the term you receive the surrender value, which depends on market interest rates at that time.

Keep your savings in euros icon

Keep your savings in euros

If you plan to live in Spain long term, holding your savings in euros avoids exchange-rate swings on the money you'll spend here.

Keep your savings in euros icon

Keep your savings in euros

If you plan to live in Spain long term, holding your savings in euros avoids exchange-rate swings on the money you'll spend here.

Find out exactly how much you’d earn with Plazo Flexible

See how your savings grow with complete security. Enter the amount you want to invest and choose the term to calculate your guaranteed return and gain at maturity instantly.

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FAQs

Allianz Plazo Flexible: frequently asked questions

Allianz Group

The strength of a global insurance group

Founded in 1890 icon

Founded in 1890

Present in around 70 countries icon

Present in around 70 countries

Solvency II ratio above 200% icon

Solvency II ratio above 200%

'AA' rating from S&P icon

'AA' rating from S&P

Investment expertise icon

Investment expertise

AMB Seguros is an exclusive Allianz agency in Murcia specialising in guaranteed savings. If you want to grow your savings with complete security, no market risk and strong financial backing, Allianz Plazo Flexible is a solid alternative to a traditional bank deposit, explained in English.

AMB Seguros is an exclusive Allianz agency in Murcia specialising in guaranteed savings. If you want to grow your savings with complete security, no market risk and strong financial backing, Allianz Plazo Flexible is a solid alternative to a traditional bank deposit, explained in English.