Distingo Bank credit-form leadgen review

The account pays a variable rate of 4.5%, which the site ranks at position 111 out of 473 brands. Because the rate is variable, it can rise or fall, so the figure you see is not fixed for the life of the account.

There is no monthly charge: the monthly fee is €0 on the easy-access account, and the model is listed as no monthly fee. The site median monthly fee is also €0, so this account sits with the majority of free savings accounts on the site.

The minimum deposit is €10, so a small opening balance is enough to start. The site ranks this minimum at position 256 out of 370 brands compared, against a savings median of €0.17.

Deposits are covered by EU DGS up to EUR 100,000. The account is offered by a licensed French bank, Banque Stellantis France SA, which is DISTINGO Bank's deposit brand, and the bank is supervised by the BCE (Banque Centrale Europeenne) in France.

The account is easy access, and savings are available every day of the week, all day. Withdrawals are made by transfer only, to a current account in your own name at a bank in France, so keep that account in mind.

Interest is calculated under a French savings rule that looks at how long money has been held, so a deposit made late in the month starts earning later. The rate itself is variable at 4.5%, so what you earn can move as well.

Support runs across phone, email and chat, so you can reach the bank by phone, email, chat or a help centre. Phone support is also common among savings accounts on the site, at 82.6%.

It is an easy-access savings account, listed as easy access, rather than a fixed-term or notice account. Easy-access accounts are the most common type among the savings accounts on the site (75.6%), and the deposit brand was founded in 2013 under the legal entity Banque Stellantis France SA.