Hoiustuspakk

Hoiustuspakk is a bundled financial product offered by banks and financial institutions in Estonia. It combines one or more deposit-related services, typically a savings account or fixed-term deposit, under a single contract and often with preferential terms compared with buying the products separately.

The package aims to simplify management and may provide cost savings. Common components include a deposit product, access to online and mobile banking, and sometimes fee waivers or bundled advisory services. Some packages require a minimum balance or a contractual commitment.

Terms and conditions vary by provider but usually specify eligibility, duration, minimum balance, interest or return on deposits, and penalties for early withdrawal or cancellation.

Benefits include convenience and potential better rates, while drawbacks can include reduced flexibility and complex terms that obscure promotional conditions.

Hoiustuspakk is widely used as a marketing term in retail banking in Estonia and nearby markets to present a simplified package of deposit products.