Overview
- Two banks currently advertise the market-leading promotional Tagesgeld rate of 4.0% for new customers with limited terms.
- Chase is offering 4.0% for a four-month welcome period with deposits covered by German deposit insurance up to €100,000.
- Norisbank matches 4.0% for six months but requires opening a Girokonto, using the Kontowechselservice and excludes funds from Deutsche Bank group accounts.
- For fixed-term Festgeld, SWK Bank and J&T Direktbank appear among the top providers with rates up to 3.5% on selected maturities.
- These offers are time-limited and often come with eligibility rules, differing national deposit-protection schemes and lower ongoing base rates for existing customers, so savers should compare guarantee length, fine print and insurance before switching.