How much does a deposit account cost in Italy?

Opening and managing a deposit account can cost EUR 0: CA Auto Bank and ING list opening, management and closure as free. Statutory stamp duty and withholding tax on interest still apply, but they are not the bank's account fee.

Verifiable answer

Question: How much does a deposit account cost in Italy?
Average cost: €0 / account
Price range: €0
Area: Italy
Last verified: 26 September 2026
Confidence: Confidence: High
What is included: Account opening; Routine management; Account closure; Deposits and withdrawals for CA Auto Bank's product
What is not included: Stamp duty on the balance; Withholding tax on interest; Cost of the linked current account; Interest forgone after early withdrawal
What the price depends on: Average balance subject to stamp duty; Instant-access or fixed-term account; Duration and requirements of a promotional rate; Minimum amount required for a fixed term; Cost of the linked current account
Sources and methodology: 2 sources

Short answer

A deposit account may have no monthly fee, but that does not make it tax-free. The useful comparison separates the service price from taxes and fixed-term conditions.

A deposit account keeps money separate from a day-to-day current account and, depending on the product, leaves it accessible or locks it for a return. The first costs to inspect are not the headline promotional rate but opening, management, movements, closure and tax treatment. Two official offers checked on 26 September 2026, CA Auto Bank's Conto Deposito and ING's Conto Arancio, list zero euro for the main account operations. That is useful, but it does not mean saving is costless: both banks refer to statutory stamp duty, while interest is subject to withholding tax. A fixed-term deposit can also limit access to money or reduce interest after early withdrawal. This guide therefore answers the price of the account, not a promise of net return.

What is included

Account opening
Routine management
Account closure
Deposits and withdrawals for CA Auto Bank's product

What is not included

Stamp duty on the balance
Withholding tax on interest
Cost of the linked current account
Interest forgone after early withdrawal

How the price breaks down

How the price breaks down: Deposit account in Italy
Item	Type	Frequency	Typical
OpeningThe two checked deposit accounts do not charge a separate opening fee.	Compulsory	one-off	€0
ManagementING states that management is free; CA Auto Bank also lists EUR 0 for management, deposits and withdrawals.	Compulsory	per year	€0
ClosureClosure is listed at EUR 0 in the checked tariffs, with no administrative exit fee.	Optional	one-off	€0

What the price depends on

Average balance subject to stamp duty
Instant-access or fixed-term account
Duration and requirements of a promotional rate
Minimum amount required for a fixed term
Cost of the linked current account

Hidden costs

Stamp duty reducing the net return
A linked current account that may carry its own fee
EUR 1,000 minimum for some CA Auto Bank fixed terms
Lost or reduced interest after ending a fixed term early

Three realistic scenarios

Instant access

€0

No opening or management fee in the checked offers; access to money follows the product terms.

Fixed term

€0

The account fee remains zero in CA Auto Bank's fixed-term lines, while availability follows the term rules.

Tax cost

€0

This is not a bank fee: stamp duty and withholding depend on balance and interest, so one universal amount would be misleading.

How to spend less

Compare the return after tax, not just the advertised gross rate.
Decide whether you really need a fixed term before accepting less access to your money.
Check the cost of the current account used to fund the deposit.
Read the minimum balance before selecting a fixed term.
Record the end date of any promotion and check the rate that applies afterwards.

Frequently asked questions

Is a deposit account really free?

The checked CA Auto Bank and ING offers state that opening, management and closure are free. That describes the banking service price, not the full tax effect: stamp duty and withholding tax on interest remain governed by law.

Do I need a current account to open a deposit account?

A linked account is often needed to pay money in and take it out. ING refers to a bank account, postal account or Conto Corrente Arancio. Any fee on that linked account must be considered separately.

Does a fixed-term account cost more than an instant-access one?

In CA Auto Bank's checked table, opening, management and closure are EUR 0 for both the instant-access and fixed-term lines. The practical difference is access to the money and the treatment of interest after early withdrawal.

Is stamp duty included in the zero price?

No. Both sources separate the account price from fiscal charges. The zero therefore means no main banking commissions, not no stamp duty.

Which interest rate should I compare?

Compare duration, eligibility, access to money and return after tax. A promotional rate may only last a few months or require a fixed term, so the largest number on a page is not enough.

Sources and methodology

How we worked it out

We opened official pages from two banks that publish conditions without requiring a login. The headline figure is EUR 0 because both state that opening, management and closure are free; CA Auto Bank also publishes a table showing deposits and withdrawals at EUR 0. We do not turn stamp duty into one number because it depends on the balance and the sources describe it as a statutory charge. Promotional rates are not treated as costs: they are returns, with different durations and requirements. The finding is reliable for the checked offers, not an average of every Italian deposit account.

Why this confidence level

Confidence is High because the EUR 0 account price is confirmed by two banks on their official pages, both opened today. It is not 100 because it does not describe every product on the market and taxes depend on the individual balance and return.

Opening, management, deposits, withdrawals and closure at EUR 0
Conto Deposito CA Auto Bank (opens in a new tab)
CA Auto Bank · Official tariff · Verified on 26 September 2026
Official tariff page opened on 26 September 2026: it separates the instant-access account from fixed terms and lists EUR 0 for operational items; stamp duty and withholding tax remain payable by the customer.
Authority4/5
Opening, management, transfer and closure of Conto Arancio are free
Quanto costa Conto Arancio? (opens in a new tab)
ING Bank N.V. Milan Branch · Official tariff · Verified on 26 September 2026
Official FAQ opened on 26 September 2026: it confirms zero cost for the main operations and states that stamp duty is charged at the statutory rate.
Authority4/5