Savings Account Comparison 2026
Up to 3.5% interest - compare the best offers for your savings in Germany.
Compare Accounts
Current Interest Rates by Term
Call money
2.5-3.2%
3 months
2.8-3.3%
6 months
3.0-3.4%
12 months
3.2-3.5%
24 months
2.8-3.3%
As of March 2026. Rates vary by provider.
Tagesgeld vs. Festgeld
| Feature | Call Money (Tagesgeld) | Fixed Deposit (Festgeld) |
|---|---|---|
| Availability | Daily | After term |
| Interest (current) | 2.0-3.2% | 2.5-3.5% |
| Rate security | Variable | Fixed |
| Minimum deposit | Usually none | 500-5,000 EUR |
| Suitable for | Emergency fund | Long-term |
Our Recommendation
Call Money (Tagesgeld) for
- Emergency fund (3-6 months salary)
- Money for short-term purchases
- Variable amounts that need to stay flexible
Fixed Deposit (Festgeld) for
- Money you won't need for 1-2 years
- Rate security when rates are falling
- Higher returns than call money
Caution with Foreign Providers!
Within the EU, deposit protection covers up to 100,000 EUR. For banks outside the EU or with weak deposit protection (e.g., some Eastern European countries), be cautious. Always check the country and bank rating.
Frequently Asked Questions
What is the difference between Tagesgeld and Festgeld?
Tagesgeld (call money) is accessible anytime with variable interest rates (currently 2-3%). Festgeld (fixed deposit) is locked for a set period (1-10 years) but offers higher rates (up to 3.5%).
What are the interest rates in Germany 2026?
Tagesgeld: 2.0-3.2% p.a. Festgeld: 2.5-3.5% p.a. depending on term. Rates have slightly decreased from the ECB peak but remain attractive.
Is my money safe at a foreign EU bank?
Within the EU, deposit protection covers up to 100,000 EUR per bank and customer. Always check the country of origin and the quality of the deposit guarantee scheme.
Is fixed deposit worth it when rates are falling?
Yes! With fixed deposits, you lock in the current rate for the entire term. When rates fall, you benefit while call money rates decrease.
Do I have to pay taxes on interest?
Yes, 25% capital gains tax + solidarity surcharge (+ church tax if applicable). However, the saver's allowance of 1,000 EUR (singles) or 2,000 EUR (couples) is tax-free.