Savings accounts in Germany

✓ Pros

• ✓Promotional rate of 2.25% p.a. for newly transferred money up to EUR 1,000,000
• ✓Free account management
• ✓Daily availability with no notice period
• ✓Reference account can also be held at another bank

✕ Cons

• ✕Promotional rate limited to a maximum of 12 months
• ✕Standard rate afterwards only 0.75% p.a.
• ✕Both rates are variable and not fixed

✓ Pros

• ✓Attractive new-customer rate of 2.25% p.a. for a defined period
• ✓Free account management
• ✓Daily availability of funds
• ✓Quarterly interest credit
• ✓Statutory deposit protection

✕ Cons

• ✕Rate is limited until 31 December 2026, dropping to just 0.75% p.a. afterward
• ✕Promotional rate only applies to fresh money from another bank, up to EUR 250,000
• ✕Not a standalone account – a Top-Girokonto at norisbank is mandatory

✓ Pros

• ✓2.25% p.a. on balances up to €90,000
• ✓Daily access with no fixed term
• ✓Compound interest effect from quarterly crediting

✕ Cons

• ✕High minimum deposit of €10,000
• ✕Rate not guaranteed, can change at any time
• ✕Payouts take up to four bank business days

✓ Pros

• ✓2.20% p.a. up to €100,000, guaranteed until 30 September 2026
• ✓Low minimum deposit of €1,000
• ✓No account maintenance fees, can be closed at any time

✕ Cons

• ✕Requires a German reference account
• ✕Rate may change once the guarantee ends on 30 September 2026
• ✕No higher rate paid on balances above €100,000

✓ Pros

• ✓2.20% p.a. with no time limit
• ✓Daily access with no fixed term
• ✓No apparent new-customer restriction in the stated terms

✕ Cons

• ✕Rate only applies up to €15,000 in balance
• ✕No information available on account maintenance fees
• ✕Unclear whether a reference account at another bank is required

✓ Pros

• ✓2.20% p.a. on balances up to €15,000
• ✓Quarterly interest crediting
• ✓Daily access with no fixed term

✕ Cons

• ✕Rate guaranteed for only the first 12 months per the stated terms
• ✕No information on the follow-up rate after the 12 months end
• ✕Rate only applies up to €15,000 in balance

✓ Pros

• ✓2.11% p.a. up to a high ceiling of €500,000
• ✓Interest-bearing even for very large reserves
• ✓Daily access with no fixed term

✕ Cons

• ✕High minimum deposit of €10,000
• ✕Rate is variable, not guaranteed
• ✕Extra activation code required by post when opening the account

✓ Pros

• ✓2.00% p.a. with no visible time limit
• ✓No minimum deposit required
• ✓Free account management
• ✓Monthly rather than only annual interest payout

✕ Cons

• ✕A German reference account at another bank is mandatory
• ✕No fixed rate for balances above €500,000
• ✕No details on app or online banking features in the sources

✓ Pros

• ✓2.00% p.a. guaranteed for 9 months up to €250,000
• ✓Free account management, no minimum deposit
• ✓No current account with easybank required
• ✓Daily availability with no notice period

✕ Cons

• ✕Rate drops to a variable, lower 1.2% p.a. after 9 months
• ✕Existing-customer rate is variable and can change at any time
• ✕No permanently high rate for long-term savers

✓ Pros

• ✓1.90% p.a. on balances up to €50,000
• ✓Interest applies from €0 per the database, no visible minimum deposit
• ✓No visible time limit on the interest rate

✕ Cons

• ✕No reliable information available on fees or a reference account
• ✕Rate only documented up to €50,000
• ✕The offer page yielded no additional product details

✓ Pros

• ✓1.75% p.a. plus up to EUR 100 bonus with a checking account combo
• ✓Still 1.5% p.a. without a checking account, up to EUR 5,000,000
• ✓Currently permanently free account management
• ✓No fixed term or notice period

✕ Cons

• ✕Higher rate only with a simultaneous checking account opening
• ✕Promotional rate has no fixed end date but can be revoked at any time
• ✕Standard terms afterwards only 0.75% p.a. with EUR 1.90 monthly fee

✓ Pros

• ✓1.55% p.a. on the portion of the balance between EUR 5,000 and EUR 20,000
• ✓No checking account with this bank required
• ✓Convenient online account opening and management
• ✓Permanent tiered rate rather than a time-limited promotion

✕ Cons

• ✕Balances under EUR 5,000 earn no interest at all
• ✕Balances over EUR 20,000 earn only 0.20% p.a.
• ✕No attractive rate for very small or very large balances

✓ Pros

• ✓1.50% p.a. even on larger business balances up to €500,000
• ✓Easy-access account tailored specifically to business customers
• ✓No visible time limit on the interest rate

✕ Cons

• ✕€10,000 minimum deposit excludes smaller reserves
• ✕No reliable information available on fees or account requirements
• ✕The offer page returned no product details on this pass

✓ Pros

• ✓No minimum or maximum deposit
• ✓Free account management
• ✓No fixed term, full flexibility
• ✓Quarterly interest crediting with compounding effect

✕ Cons

• ✕No time-limited new-customer rate, moderate rate of 1% p.a.
• ✕DKB checking account mandatory as reference account
• ✕The rate is variable and not guaranteed

✓ Pros

• ✓Free account maintenance – provider explicitly states 0 euro in fees
• ✓Balance available daily, no minimum holding period
• ✓Uniform 1.00% p.a. rate regardless of balance size
• ✓Simple account opening, no additional quirion account required

✕ Cons

• ✕1.00% p.a. is noticeably below rates from leading dedicated savings providers
• ✕No visible new-customer interest promotion or bonus
• ✕quirion is primarily known as a wealth manager – the savings account is a secondary product

✓ Pros

• ✓No minimum deposit required
• ✓Free account management
• ✓No notice period, available at any time
• ✓Reference account can also be held at another bank

✕ Cons

• ✕No time-limited new-customer rate, comparatively low rate of 0.75% p.a.
• ✕The rate is variable and not guaranteed
• ✕Reference account mandatory

✓ Pros

• ✓Digital, app-based savings account with no paperwork
• ✓0.75% p.a. on balances up to €100,000
• ✓Fits alongside a checking account at the same app-based bank

✕ Cons

• ✕0.75% p.a. is noticeably below current top instant-access savings offers
• ✕No verified information available on fees, minimum deposit, or promotional period
• ✕Possibly tied to a C24 checking account – should be checked before opening

✓ Pros

• ✓Extra bonus chance of €50 or €100 tied to FC Bayern Munich's sporting success
• ✓Account can be opened online, including for minors
• ✓Balance available daily, moderate minimum deposit of €500

✕ Cons

• ✕Interest rate is variable and linked to EURIBOR – no fixed rate guarantee
• ✕0.68% p.a. is noticeably below current top savings offers
• ✕Bonus payment depends on an uncertain sporting condition (table leadership), not guaranteed
• ✕Withdrawals require a registered personal reference account

✓ Pros

• ✓Promotional rate of 2.5% p.a. for newly deposited money
• ✓No Deutsche Bank checking account required
• ✓Free account management
• ✓Daily availability with no notice period

✕ Cons

• ✕Promotional rate only for new money between EUR 2,500 and EUR 250,000
• ✕Promotion limited to nine months (from 1 Oct 2026)
• ✕Standard rate afterwards only 0.50% p.a. and variable

✓ 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