Overview
- ING is pitching 3.2 percent on its Extra savings account for four months and a €200 current‑account bonus, though the follow‑up rate drops to 0.75 percent and the bonus requires two monthly incoming payments and a fee‑free threshold of €1,000 per month or being under 28.
- Verivox reports a sharper contest for cash, with 20 banks now posting at least 3.0 percent on easy‑access savings even as the nationwide average lingers near 1.32 percent and many local Sparkassen and Volksbanken pay under 0.5 percent.
- Postbank targets new customers with 3.00 percent for six months if they open and actively use a Postbank Giro pur account with at least five transactions per full month, with the rate capped at €50,000 and a fallback variable rate of 0.75 percent if conditions are not met.
- Most top offers last only three to six months and then revert to far lower standard rates, so comparison sites urge using the effective annual yield that blends teaser and follow‑up rates, noting that one‑year guarantees such as BforBank’s 2.5 percent can win over a full 12 months.
- Analysts say rising nominal returns still trail prices, with average two‑year fixed deposits near 2.25 percent and market peaks around 3.2 percent, and they also flag differing deposit‑insurance schemes by provider, from Germany’s system at Postbank to France’s for Consorsbank and partner‑bank cover for Raisin, which holds its three‑month promo funds at Deutsche Bank.