GEFA TagesGeld Business

Easy-access savings account built specifically for business customers

The GEFA TagesGeld Business is, as the name already indicates, not a typical retail product but an easy-access savings account for business customers of GEFA BANK. This also shows in the minimum deposit recorded in the database, which is well above what is common for retail easy-access accounts.

Interest rate

According to the database, GEFA BANK pays 1.50% p.a. on balances in the TagesGeld Business account. This rate applies to a balance between €10,000 and €500,000 — unlike most retail easy-access accounts, there is not just an upper limit here but also a minimum deposit of €10,000, below which the advertised rate does not apply according to the database. No time limit is noted in the database. On the exact interest-crediting frequency, the database indicates a monthly rhythm; since this could not be independently confirmed via the offer page, it is reproduced here only as a data point from the import, not as an independently confirmed fact.

Terms and fees

Neither the database nor the reachable offer page provides concrete information on account management fees or the need for an existing business account at GEFA BANK — the page that loaded showed only the generic title "Anlageprodukte" (investment products) without detailed information. These points are therefore deliberately left open here rather than filled in with assumptions.

Who is this account for

The product clearly targets business customers with larger liquid reserves who want to deposit at least €10,000 and benefit from the rate up to a maximum of €500,000. For private individuals or micro-businesses with smaller reserves, the account is not accessible due to the minimum deposit. For businesses looking to park liquidity in the mid-to-high five-figure or low six-figure range short-term, the product can still be an alternative to a standard business current account that pays no interest at all.

Verdict

With 1.50% p.a. for balances between €10,000 and €500,000, GEFA TagesGeld Business clearly positions itself as a business product. No solid information on fees or further account terms could be found in the available sources — interested businesses should clarify these points directly with GEFA BANK before signing up. This review deliberately relies only on the documented data points rather than guessing at fees or access requirements.