Rate discount (bonifikace)
A reduction in the interest rate that the bank grants for meeting extra conditions. Typical ones are running a current account with regular income and payments, taking out risk life insurance or payment protection insurance, or keeping a low LTV. The loan agreement sets out the conditions and the consequences of a breach: a client who stops meeting a condition loses the discount and the rate goes up.
Example
A bank quotes 5.00 % with discounts and 5.50 % without. On CZK 4,000,000 over 25 years that is CZK 23,384 against CZK 24,563, a gap of CZK 1,179 a month and CZK 70,740 over a 5-year fixed period. If the life insurance costs CZK 800 a month and you would have taken it out anyway, the discount clearly pays.
In practice
Moneta's purpose mortgage (účelová hypotéka) from 4.59 % in September 2026 is a typical package: it requires account activity, insurance and LTV up to 80 %. Before signing, add up what the conditions cost you (account fee, premiums) and set that against the saving. Borrowers often cancel the insurance or move their salary elsewhere a few years in, only to find the rate has risen by several tenths of a percent.
How it differs
The interest margin is a permanent part of the rate above the cost of money; a discount is conditional and can be lost. A retention offer is negotiated individually, whereas a discount applies from the start to anyone who meets the conditions.
Related terms
In-depth guide
Calculate your own situation
Instead of abstract definitions — enter your own parameters and see the result for yourself. No registration, no form, no salespeople.