Tagesgeld

Introduction

Suresse Direkt Bank, a direct-banking brand of the French Banque BCP, offers a flexible instant-access savings account with no fixed term. The account suits savers who want an attractive rate on short-term available capital, for example as an emergency fund or a temporary parking spot for money before it's invested elsewhere.

Interest rate

New customers receive a guaranteed introductory rate of 3.50% p.a. on the first account they open with Suresse Direkt Bank. This rate applies to deposits up to €250,000 and is guaranteed for the first six months after account opening. After these six months — or from the start for existing customers — the variable base rate of 2.05% p.a. applies. Balances up to a maximum of €999,999.99 earn interest; amounts above this threshold earn no interest.

Important for anyone wanting to benefit from the introductory rate: the first deposit must be made within 15 days of account opening, otherwise entitlement to the higher rate is lost.

Terms and fees

Account keeping is free, with no fees charged. The balance is available daily, with no notice period required. Opening the account requires an existing current account at a bank in Germany, which serves as the reference account for deposits and withdrawals — Suresse Direkt Bank does not itself offer a current account.

Who is it for?

The offer is particularly attractive for savers who want to safely and liquidly park a larger sum — for example from an inheritance, a house sale, or a bonus payment — for the coming months without committing long-term. Since the high rate applies only to the first account opened, the offer is best suited to genuinely new Suresse Direkt Bank customers; anyone who already holds an account with the bank only benefits from the lower base rate.

Pros and cons

• 3.50% p.a. guaranteed for 6 months up to €250,000
• Free account keeping with no hidden fees
• Daily availability with no notice period
• Usable from as little as €1 in deposits

• Rate drops to the 2.05% p.a. base rate after 6 months
• Reference account at a German bank is mandatory
• First deposit must be made within 15 days

Verdict

At 3.50% p.a. for six months, Suresse Direkt Bank's instant-access account is one of the more attractive new-customer offers on the German market, combined with free account keeping and daily availability. Savers who meet the 15-day deposit deadline secure the full introductory rate up to €250,000. After the six months, however, the rate drops noticeably to 2.05% p.a. — anyone wanting to keep earning a high rate long-term should compare the market in good time or consider switching providers.