What is Account kind?

An account kind describes what the product lets you do with the money, mainly how quickly you can get it out. Instant access means deposits and withdrawals happen without a notice period, while a term account ties the money up for a fixed period. 1822direkt is an easy access account, and ABANCA is also easy access. The trade-off is that easy access usually pays less interest than a locked account, so the right kind depends on whether you need the money on short notice.