Term deposits in Germany

✓ Pros

• ✓2.70% p.a. for 12 months on new deposits, guaranteed for the term
• ✓Free of charge, no separate reference account needed
• ✓Notice period and reinvestment rules clearly communicated

✕ Cons

• ✕Existing balances earn a noticeably lower 2.30–2.40% p.a.
• ✕Automatic reinvestment at a non-guaranteed rate if notice is missed
• ✕Maximum deposit capped at EUR 250,000

✓ Pros

• ✓Interest rate of 2.70% p.a. for 12 months
• ✓Very low minimum investment according to the dataset
• ✓Clearly defined, manageable 12-month term

✕ Cons

• ✕The stored offer link was no longer active at the time of review
• ✕Maximum investment, rate guarantee, reference account and deposit protection could not be independently confirmed
• ✕The currency of the offer should be verified directly with the bank before investing

✓ Pros

• ✓Guaranteed fixed rate of 2.76% p.a. that does not change during the term
• ✓No account maintenance fees
• ✓High maximum investment of up to €1,000,000 per account (up to €2,500,000 across multiple accounts)

✕ Cons

• ✕Minimum investment of €5,000 excludes small savers
• ✕Only the first €100,000 per customer is covered by the statutory deposit guarantee
• ✕A reference account is mandatory

✓ Pros

• ✓Competitive interest rate of 2.81% p.a. for 12 months
• ✓Moderate minimum investment of €5,000
• ✓Predictable return thanks to a fixed one-year term

✕ Cons

• ✕Details on maximum investment, reference account and deposit protection could not be verified at the time of review
• ✕Whether the interest rate is guaranteed or variable could not be confirmed
• ✕The offer's detail page was inaccessible when checked (access denied)

✓ Pros

• ✓Designed for a three-year investment horizon
• ✓No discernible fixed upper deposit limit

✕ Cons

• ✕Minimum deposit of €5,000 is comparatively high
• ✕Confirmed rate of 1.90% p.a. is on the low side
• ✕Term and conflicting 2.65% figure unverifiable

✓ Pros

• ✓Designed for a five-year investment horizon
• ✓No discernible fixed upper deposit limit

✕ Cons

• ✕Minimum deposit of €5,000 is comparatively high
• ✕No discernible rate premium over the 3-year variant
• ✕Term and conflicting 2.65% figure unverifiable

✓ Pros

• ✓Accessible from a lump-sum investment of just €1,000
• ✓A provision product from an established insurer

✕ Cons

• ✕No base rate (0.00% p.a.) according to our database for the listed variant
• ✕Not a classic bank fixed deposit but an insurance product
• ✕Product name on the offer page differs from the database entry

✓ Pros

• ✓Interest rate 2.11% p.a. – comparatively high
• ✓Accessible from a €1,000 deposit
• ✓Top rate applies up to a €100,000 deposit

✕ Cons

• ✕No details on cancellation/renewal
• ✕Reference account requirement unconfirmed
• ✕Fixed 12-month term with no flexibility

✓ Pros

• ✓Interest rate of up to 3.15% p.a. guaranteed for the full 12-month term
• ✓Low minimum deposit from just €100
• ✓High investment ceiling of up to €500,000
• ✓No account management fees for either the instant-access or fixed-term account
• ✓Statutory deposit protection up to €100,000 per customer

✕ Cons

• ✕A free instant-access account as reference account is mandatory
• ✕Capital locked in for 12 months, with no early withdrawal provided for
• ✕Amounts above €100,000 are only partially covered by deposit protection

✓ Pros

• ✓High possible deposit amount up to €1,000,000
• ✓Rate guaranteed for the entire term
• ✓Free account management

✕ Cons

• ✕€5,000 minimum deposit is comparatively high
• ✕Mandatory settlement account; new customers get an additional instant-access savings account automatically
• ✕Internal data on the 12-month rate was inconsistent versus the current offer