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With 3.17% Top Rate, Raisin Puts Long‑Term Festgeld Back on the Agenda

Experts now favor a laddered approach that balances access with rate certainty.

Overview

  • Raisin currently lists a 10‑year fixed‑term deposit yielding up to 3.17% via Netherlands‑based Achmea Bank, which is noted with an AAA rating.
  • The platform provides German savers fee‑free access to more than 170 European partner banks to compare and open euro‑denominated time deposits.
  • Consumer guidance contrasts flexible, variable‑rate Tagesgeld with Festgeld that locks a fixed rate for a set term at the cost of limited liquidity.
  • Short‑term promotional Tagesgeld can briefly exceed 3%, whereas sustained rates above 3% on Festgeld are generally available only at very long maturities.
  • Regulators and consumer groups urge verification of the responsible national deposit guarantee—typically €100,000 per person per bank—and attention to inflation, early‑withdrawal limits, and any voluntary protections.