Anadi Bank review

The savings account carries a monthly fee of €0, the same as the site median of €0, and the minimum deposit is €0. Opening and topping up therefore cost no more than that monthly charge, which suits people who want a balance they can leave alone.

The advertised rate is 1.5% and it is variable, so the figure can move rather than being locked in. It sits at the site median of 3% but at position 350 of 473 across the brands compared here.

Deposits are covered by the EU deposit guarantee scheme: EU DGS up to EUR 100,000. The account is held with Austrian Anadi Bank AG, a bank based in Austria and supervised there by the Finanzmarktaufsichtsbehoerde (FMA), so the cover comes from a licensed bank rather than a payment account provider.

Savings are callable daily and available at any time, and the balance carries no fixed term. Money can be taken out when it is needed, so the account works for an emergency fund as well as longer saving, and the minimum deposit of €0 keeps the starting point small.

It is an easy-access account: easy access, and easy-access is the most common kind here, used by 76.7% of brands. The account carries no monthly fee, so the balance simply sits and pays, and the minimum deposit is €0.

Help is offered on email, phone and help centre, so a call or an email both work. That mix suits people who would rather ring someone about a transfer than send a message, and it matches the wider site pattern, where 79.5% of brands offer phone support and 86.1% run a help centre.

The account is run by Austrian Anadi Bank AG, a bank based in Austria that has been running since 1896. It is aimed at savers dealing in euro, since balances are held in euro, and the callable access suits anyone who keeps a pot of cash for short-term needs rather than a locked deposit.