Overview
- Verivox reports that 19 banks now pay at least 3% to new customers on instant-access savings, with many deals set for only a few months.
- Raisin leads the new-customer table at 3.5% for three months, with cash held in trust at Deutsche Bank during the promo before the offer ends.
- New offers keep arriving, including Hamburg Direct Bank at 3.21% for four months and Volkswagen Bank at 2.75% for six months for first-time savers.
- Deutsche Bank and Postbank are pitching 2.7% for a one-year fixed deposit on new money, with a €2,500 minimum and promotional terms up to €250,000.
- Savers must give notice three months before the one-year term ends or the Deutsche Bank/Postbank deposit renews for another year, while smaller banks still top the one-year table—J&T Direktbank at 3.0%, Hoistspar at 2.9%, and Ferratum at 2.8%—though deposit protection generally covers only €100,000 per bank and any extra private cover varies by institution.