Overview
- Several banks are advertising short promotional Tagesgeld (call‑deposit) rates up to about 4.0% for limited windows and for new or eligible customers, with examples reported from ING and Openbank.
- Festgeld (fixed‑term deposits) currently pays reliable mid‑3% rates for 12–36 months, with Crédit Agricole Savings and Bigbank among banks offering around 3.5–3.75% that remain unchanged for the full term.
- Promotional Tagesgeld rates are temporary, often capped by deposit limits and eligibility rules, and revert after the promotion to the bank’s lower variable standard rate.
- Savers should match product choice to liquidity needs by keeping an emergency or short‑term buffer in higher‑yielding but temporary Tagesgeld and placing longer‑held funds in Festgeld to lock in guaranteed returns.
- All deposits in the European Economic Area are protected up to €100,000 per person per institution, so diversification across banks can protect larger sums and let savers use both products safely.