Tagesgeld

Introduction

Tomorrow's Tagesgeld (instant-access savings) account targets customers of the sustainability-focused neobank who want to park their savings flexibly, without tying up capital. It is not a standalone product but an add-on to the Tomorrow current account, making it best suited to existing or prospective Tomorrow customers who already hold, or plan to open, a checking account with the bank.

Interest Rate and Tiers

Tomorrow advertises a rate of up to 3.10% p.a. According to the available product data, this rate applies to balances up to €50,000 and explicitly only for the first three months (around 90 days) after account opening. Thanks to the monthly interest payout, the effective annual yield according to the data is slightly higher, at 3.11%. After the promotional period, the rate drops, per the available data, to 0.75% p.a. on balances up to €50,000; however, Tomorrow's current product page notes that the post-promo rate depends on the account tier chosen, so the actual base rate may vary. Interest is paid out monthly.

At the time of review, the promotion was tied to a limited account-opening window; anyone interested should check Tomorrow's website for the current validity of the offer before applying.

Terms and Requirements

One important point: the Tagesgeld account cannot be opened on its own. It requires an existing or newly opened Tomorrow current account. Customers who opened a "Now" account before 19 February 2025 are excluded from the promotion. A German tax ID is also required to open an account. Balances up to €100,000 per customer and bank are covered by the German statutory deposit protection scheme. According to the available information, there are no additional account fees for the Tagesgeld account itself as long as a Tomorrow account exists.

Pros and Cons

Pros

• Attractive 3.10% p.a. rate during the promotional period
• Monthly interest payout
• Deposit protection up to €100,000
• Sustainability-focused bank

Cons

• Only usable together with a Tomorrow current account
• Promotional rate guaranteed for the first three months only
• Promotional account-opening window is time-limited
• Base rate afterwards is significantly lower

Verdict

Tomorrow's Tagesgeld account is best suited to customers who already hold, or want to open, a current account with the sustainability-focused neobank and want to park their savings for a few months at an attractive rate. Anyone looking purely for a standalone instant-access savings account may find simpler terms elsewhere, without the requirement to hold a checking account. The 3.10% rate is attractive for the first three months, but afterwards it's worth checking the actual terms of your specific account tier.