Service provided by Preferate is unbiased and independent. Neither Preferate nor its parent company Meilleurtaux SAS have capital links with the financial institution listed. Neither Preferate nor its parent company Meilleurtaux SAS have financial agreements with the financial institutions listed to provide such a service.
This section details the methodology used for each product range.
Our goal is to allow any EU citizen to save their money in another country in order to have access to better rates. To accomplish this, we have been through the websites of all European banks and have only chosen those who meet the 3 following criteria :
However, list may not be exhaustive.
As products differ not only in the interest rate they offer but also in the fees and potential premiums they charge, we estimate your net earnings at the end of the savings horizon to rank each product. The net earning formula is:
Fidelity premium, served by few banks, are not taken into account as their calculation depends of each bank and is highly subject to change.
Preferate compares the rates offered in each country by the main local specialized lenders for any given borrower profile and product: the APR for 10,000€ non-purpose consumer loan without collateral on 2 years.
List may not be exhaustive.
Data are updated monthly, based on the available information on the listed lenders websites.
Preferate uses public information provided by the European Central Bank.
No specific product is listed.