The Postal Savings Deposit Options Offered by CDP and Poste Italiane [P1]

The Smart Book is a postal savings account issued by Cassa Depositi e Prestiti (CDP), distributed by Poste Italiane, assisted by state guarantee under Article 5 of Decree-Law No. 269 of September 30, 2003, converted from Law No. 326 of November 24, 2003.

It allows for the preservation of liquidity, making deposits and withdrawals, and accessing postal savings instruments. The Smart Book can be opened either as paper or electronically at an office post office or through digital channels. For online opening, it is necessary to identify oneself and sign the contractual documentation via electronic signature. At the counter, valid identification documents are required along with the taxpayer's code.

The product can be designated for individuals aged over 18 years, minors, and legal entities. For adults, co-owners up to four people are allowed under the terms of the contract. Availability of the Smart Card, online services, and Deposit Smart deposits depends on the characteristics of the relationship and individual service requirements. The Smart Card also allows subscribing to Dematized Postal Coupons and using accumulation services such as the SalvaDaniao with the Smart Card Option. Available for customers who meet the requirements set by the Italian Post Office, this option includes: [...]

The base rate of the Smart Card is 0.001% annually, according to the CDP communication published in Official Gazette No.

The Deposit SuperSmart Plus recognizes an annual gross rate of 3.50% over 181 days within a maximum limit of €10,000 for clients who meet the requirements of the Smart Savings Option, according to the CDP announcement published in Official Gazette No. 226 on September 29, 2026; The Deposit SuperSmart Open recognizes an annual gross rate of 2.25% over 360 days, according to the CDP announcement published in Official Gazette No. 220 on September 22, 2026; The Smart Book is excluded from the movable property portfolio ISEE up to a total amount of €50,000 for family units, as per Article 5, point 4-bis, of the DPCM dated December 5, 2013, amended by Law No. 326/24 November 2003.

In summary: the base rate of the Smart Book is equal to 0.001% annually, while the SuperSmart Plus Deposit recognizes a 3.50% annual interest on maturity over 181 days, and the SuperSmart Open Deposit acknowledges a 2.25% annual interest on maturity over 360 days. Options offer liquidity but their performance is influenced by various factors such as the duration of withdrawal or the amount of money invested. [P4] Italy's state guarantee ensures postal deposits are safe, but it does not guarantee a specific return. The Smart Savings Option, with requirements set by Poste Italiane, offers high returns combined with stability guarantees. However, the return can depend on current economic conditions and changes in monetary policies.