BOOSTER ACCOUNT

Your surplus cash can now work harder

Thanks to the Booster instant-access savings account, earning a competitive return on your surplus cash no longer becomes the privilege of large corporates. It only takes seconds to open the Booster account from your banking platform. Its transparent, competitive, and single interest rate maximises your returns from the first euro.

Make the most of your surplus cash

A unique and competitive rate

A unique and competitive rate

As of March 4, 2024, the annual and variable interest rate earned on the Booster Account is 3.12%. You earn the same level of interest from the first euro and up to €50 million. No need to be a large corporation to benefit from the most attractive rates on the market.

A unique and competitive rate
An instant-access account

An instant-access account

The Booster savings account gives you total flexibility over your liquidity. Add or withdraw funds instantly and autonomously. No conditions on the minimum amounts you can add or withdraw.

Opening the account in just a few clicks

Opening the account in just a few clicks

As soon as you become a Memo Bank client, opening the Booster Account takes just seconds, and is managed directly from your banking platform. At Memo Bank, you'll never go through outdated procedures or administrative burdens to open an account.

Returns are optimised, volatility becomes manageable

Returns are optimised, volatility becomes manageable

The competitive level of interest rate paid on the Booster Account is not the result of investments made on financial markets. Hence, the level of volatility on your returns is reduced, and your deposits are protected.

The interest rate is annual and paid out monthly

The interest rate is annual and paid out monthly

The interest is calculated daily and is based on the minimum daily balance on your Booster Account. Interest is paid out monthly.

Setting up cash sweeping rules

Setting up cash sweeping rules

Maximise returns earned on the Booster Account or manage unforseen circumstances by setting up your own cash sweeping rule. Instant balance transfers are made between your main current account and your Booster account according to your cash sweeping rules.

Setting up cash sweeping rules

Demonstrating full transparency in the way we manage our liabilities

An account that tracks the €STR

An account that tracks the €STR

The interest rate on the Booster account tracks the Euro Short Term Rate (€STR), the daily euro reference rate calculated by the ECB. Calculated daily, the interest rate is set at 80% of the €STR. Memo Bank maximises the return earned on your cash surpluses. Memo Bank reaffirms its commitment to supporting all businesses, especially in a challenging economic context.


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Your deposits are managed by a responsible bank

Memo Bank has been implementing concrete and impactful actions to minimise its impact on the environment. In parallel, Memo Bank continues to raise awareness among its clients and the entire banking sector about climate issues.


Your deposits are in a safe place

Your deposits are in a safe place

Through compliance with Basel III solvency ratios and other regulatory requirements, and a successfully audited state-of-the-art technology, be sure that your deposits are fully protected with us.


Many options to optimise your surplus cash

Many options to optimise your surplus cash

The Booster Account is not the only remunerated account we offer. Our remunerated accounts includes our interest-bearing current account tracking the €STR, the Booster instant-access savings account, as well as the term deposit account, the latter of which allows partial or full withdrawals.

Hundreds of companies trust Memo Bank

See all client cases

Maximise and anticipate the return on your cash balances

Features
  • 1

    A single and competitive interest rate (3.12% as of March 4 2024)


  • 2

    Tracking the Euro Short-Term Rate, administered and calculated by the ECB


  • 3

    Online opening and management of the Booster account


  • 4

    The same rate applies from the first euro and up to €50 million


  • 5

    Adding or withdrawing balances at any time


  • 6

    Treasury/cash sweeping between your current account and your Booster account

Experience
speaks louder than words.

Ready to leave the dark side of banking behind?

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