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Frankfurter Sparkasse
Term deposits

CashPlus Online

For Beginners New No Min. Deposit

Frankfurter Sparkasse • EUR

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1,6 / 10

Score based on rate competitiveness and popularity among users.

In brief
interest rate 0,50%

Our review

Ingrid Schneider · Updated: 27 August 2026

Introduction

CashPlus Online from Frankfurter Sparkasse is a classic Tagesgeld savings account without a new-customer promotional offer. It suits safety-focused savers who want to keep their money flexibly available with no notice period, but who are not expecting an above-average rate.

Interest Rate

The interest rate is currently 0.50% p.a. and is variable, meaning the bank can adjust it at any time based on market conditions. This is not a time-limited promotional rate for new customers, but the regular, ongoing rate – though it sits toward the lower end by market standards.

Terms

According to the bank, the deposit amount is unrestricted – there is neither a minimum nor a maximum deposit. Account management is free via online banking, the balance is available at any time, and there is no notice period. A reference account is required to open the account; this can be either a checking account with Frankfurter Sparkasse itself or an account at another bank.

Pros and Cons

  • No minimum or maximum deposit, any amount possible
  • Free account management via online banking
  • Daily availability with no notice period
  • Reference account does not have to be held at Frankfurter Sparkasse itself

Verdict

CashPlus Online offers an unspectacular but consistently applied rate of 0.50% p.a. with no time-limited promotion – so savers know what to expect from the start. The account suits those seeking maximum flexibility with no minimum deposit, but anyone looking for the highest possible yield will find noticeably more attractive terms at providers currently running new-customer promotions.

✓ Pros

  • No minimum or maximum deposit, any amount possible
  • Free account management via online banking
  • Daily availability with no notice period
  • Reference account does not have to be held at Frankfurter Sparkasse itself

✕ Cons

  • Rate of 0.50% p.a. is low by market standards
  • Variable rate can be lowered at any time
  • No new-customer bonus or promotional rate

Returns calculator

1 EUR 100 000 EUR
1 mo. 24 mo.
Interest earned
Amount at end of term
Monthly interest
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Calculation before 19% capital gains tax. Actual net return will be lower.