Rental security deposit account

You can open a rental security deposit account when you are renting a flat. A rental security deposit account is a safe alternative for providing a security deposit to your landlord.

Benefits and features

  • We will open a PerkAccount for you as a rent deposit account, as it will accrue better interest to you.
  • Interest is calculated on each day based on the daily closing balance.
  • The account is covered by the deposit guarantee.

A Pledge undertaking will be prepared for the rental security deposit account

  • Submitting a rental security deposit is based on an agreement between the tenant, the landloard and the bank.
  • The tenant may not withdraw any funds from the rental security deposit account during the validity of pledge.
  • To cover obligations arising from the lease agreement, the landlord may withdraw a part or all of the funds pledged in the rental security deposit account without the bank's or the tenant's consent.
  • The pledge will expire once the landlord has returned his copy of the pledging agreement, at which point the funds will made accessible to the account holder.

Determination of interest

PerkAccount's deposit interest is variable.

The deposit interest is tied to the Nordea Prime rate so interest varies according to changes in the Nordea Prime.

Interest on your account is determined by your Customer Group. If your group changes, your interest rate will change accordingly. The Customer Group registered on the last banking day of each calendar month is applied in interest calculation. All interest rate changes enter into force on the first banking day of the month of the change.

Interest calculation method

Interest is calculated on the daily balance according to actual calendar days.


In Finland, the deposit interest paid on accounts is subject to tax-at-source.

Price - Key Customer
Price - Preferred Customer
Price - Check-in Customer
Normal price

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