Term deposits in Germany

✓ Pros

• ✓Solid rate of 1.50% p.a. for a 12-month term
• ✓Free account opening
• ✓Terms from 12 months up to 10 years available
• ✓USD fixed deposits also available with unlimited investment amount

✕ Cons

• ✕Exact rate per term not transparent on the offer page
• ✕No details on minimum/maximum deposit outside the 12-month tier
• ✕Capital is locked for the entire term

✓ Pros

• ✓2.70% p.a. for 12 months on new deposits, guaranteed
• ✓No need to open an account at another bank
• ✓Fixed, predictable interest rate with no market risk

✕ Cons

• ✕Existing customers earn only 2.30% p.a. for the same term – 0.40 points less
• ✕Notice period and fees not disclosed on the offer page
• ✕The best rate applies only to new customers / new money

✓ Pros

• ✓Interest rate of 2.75% p.a. confirmed both in the product data and on the bank's website
• ✓Wide range of possible investment amounts from €5,000 to €500,000
• ✓12-month term with a clearly defined end date for the investment

✕ Cons

• ✕The offer page provides no detailed conditions beyond the interest rate and term
• ✕Whether the interest rate is guaranteed and fixed or variable was not visible
• ✕Investment amounts above €100,000 are only partially covered by the statutory deposit guarantee

✓ Pros

• ✓Fixed interest rate of up to 2.91% p.a. for the entire term
• ✓Wide range for the deposit amount (€1,000 to €999,999)
• ✓Planning certainty thanks to a fixed rate independent of market rates
• ✓Statutory deposit insurance as a German bank

✕ Cons

• ✕Twelve-month lock-in — no flexible access to the capital
• ✕No new-customer bonus documented
• ✕No participation in higher rates if market rates rise
• ✕Exact fee and account-management details not officially confirmed

✓ Pros

• ✓Guaranteed rate for the full term
• ✓No upper limit on the deposit amount
• ✓Multiple terms from 6 months to 8 years

✕ Cons

• ✕Minimum deposit of €2,500 required
• ✕Requires own Santander reference account
• ✕Best rate only from a 4-year term

✓ Pros

• ✓Guaranteed, fixed interest rate of 2.90% p.a. for the entire 12-month term
• ✓Longer terms with rates of up to 3.10% p.a. available when opening directly with the bank
• ✓Statutory deposit guarantee up to €100,000 per customer

✕ Cons

• ✕Relatively high minimum investment of €10,000
• ✕Amounts above €100,000 are only partially covered by the deposit guarantee
• ✕Reference account must be held by the applicant themselves

✓ Pros

• ✓Fixed, transparent rate with no fluctuations during the term
• ✓No ceiling on the deposit amount
• ✓Established German branch bank with a wide range of terms

✕ Cons

• ✕Mandatory reference account, extra effort for new customers
• ✕Automatic renewal at maturity can lead to unintended lock-in
• ✕2.50% p.a. is below the best rate in the comparison (2.65% p.a.)

✓ Pros

• ✓2.65% p.a. — one of the highest rates in the comparison
• ✓Rate guaranteed for the entire term, no fluctuations
• ✓No account-management fees

✕ Cons

• ✕€5,000 minimum deposit is comparatively high
• ✕No early access to funds during the 12-month term
• ✕Deposit protection runs through the Swedish, not the German, scheme

✓ Pros

• ✓Rate ladder up to 3.00% p.a. at a 10-year term
• ✓Reference account allowed at any German bank
• ✓Fixed rate, no fees, deposit protection up to €100,000

✕ Cons

• ✕12-month rate of 1.75% p.a. is fairly moderate
• ✕Minimum deposit of €2,500 required
• ✕No early access to invested capital

✓ Pros

• ✓Low entry threshold from a EUR 100 minimum deposit
• ✓2.66% p.a. for 12 months, guaranteed
• ✓Rate applies up to a comparatively high EUR 100,000 deposit amount

✕ Cons

• ✕Little additional product detail available beyond the base data
• ✕wiLLBe is less well known on the German market than established banks
• ✕No information on notice period, fees, or reference account