2.60% interest p.a.*
2.60% interest per year on unlimited cash. No minimum deposit, always available and accessible in the app.
Meridian Overnight account
2.60%
interest p.a.
With Meridian Overnight accounts on unlimited cash.*
Open accountInvesting involves risks.
Overnight account product illustration
Monthly payout
Interest is calculated daily and paid out monthly to maximize the compounding effect.
Security
With PRIME+, a deposit guarantee of up to 5 × €100,000 with banks. Without PRIME+, cash may be held at banks or qualifying money market funds.*
Overnight account portrait
A place to let your money grow
Enjoy 2.60% interest p.a.* on your cash in the Meridian Overnight account. No minimum. Paid monthly.
Open accountWhat are the conditions for Overnight accounts at Meridian?
| With PRIME+ | Without PRIME+ | |
|---|---|---|
| Interest | 2.60% p.a.* on unlimited cash | 2.60% p.a.* on unlimited cash |
| Interest payout | Monthly payout, daily calculation | Monthly payout, daily calculation |
| Deposit guarantee and protection standards | Up to 5 × €100,000 statutory guarantee across five banks; additional contractual schemes may apply. | Up to €100,000 per bank; qualifying money market funds follow UCITS standards and involve market risk. |
| Cash distribution | Meridian and partner banks | Meridian, partner banks or qualifying money market funds |
| Availability | 24/7 in real-time | 24/7 in real-time |
Even better with PRIME+
With 5 × €100,000 statutory deposit guarantee* through distribution across up to five banks (Meridian and four partner banks).
Learn more about PRIME+PRIME+ account illustration
FAQ
Answers to further frequently asked questions are answered here.
When is interest paid out?
Interest is calculated daily and paid monthly.
What is compound interest?
Interest is credited monthly to your Meridian account and reinvested. Over five years at 2.60% p.a.*, monthly compounding adds approximately 0.2% compared with annual compounding.
How does the cash distribution work?
PRIME+ cash is distributed across up to five banks, with statutory deposit protection of up to €100,000 per bank. Without PRIME+, funds may be held with banks or qualifying money market funds. You can check the allocation in the app.
Is the Meridian Overnight account also available for children?
Yes. Open a Meridian child account first, then add an Overnight account for your child through the app.
What is a money market fund?
Qualifying money market funds are regulated investment funds focused on short-term, high-quality instruments. They are subject to market risk; EU UCITS protection rules apply. Liquidity is generally available on the same or next day.