Overview
- Sparda-Bank West confirmed a promotional SpardaTagesgeld Plus rate of 3.2% per year that applies only to new deposits and runs until 15 February 2027.
- The special rate requires 'neugeld' transfers from other banks and one account per customer, with the bank reverting balances to regular rates of about 0.75–0.90% after the promotion ends.
- Rivals are advertising higher headline rates for shorter periods, for example Bigbank’s roughly 4.05% for about four months and Stellantis Direktbank’s roughly 3.52% for about three months.
- Persistent inflation above the ECB target and high energy and geopolitical pressures make short-term higher yields attractive but leave savers exposed to low follow-up rates and to statutory deposit-protection limits of about €100,000.
- Practical takeaway for savers: compare the starting rate, how long it is guaranteed, the post-promo rate, any 'new-money' conditions and the bank’s deposit-insurance coverage before moving funds.