Best fixed-term savings account in Germany

Find the best fixed-term savings account in Europe with the highest interest rate. By opening a fixed-term savings account with our calculator you can also secure bonuses.

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Best Fixed-Term Savings Accounts in Germany

Navigating the German banking forest is hard enough without the language barrier. At Perfinex, we have analyzed dozens of German savings offers to compare the best fixed solutions specifically for the expat community. We prioritize banks that offer high security, easy digital setups, and high acceptance rates for international residents—so you can stop searching and start earning.

Fixed-Term Savings Comparison

Find the best fixed-term savings account in Germany

Investment Amount
10,000 €
Investment Period
12 Months
Bank
Bank Name
Action
Total Profit
Interest p.a.
Min. Balance
Max. Balance
Interest Frequency
Action

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Note: We cannot guarantee the timeliness, accuracy, or completeness of the information provided on this page. All current product and pricing details are available directly on the respective providers’ websites. Our comparison only includes information officially provided by the banks; information from social media or other unofficial sources is not considered. This guide is curated to include only banks we recommend for expats based on our experience and does not represent a complete market overview

Your PerFinEx financial advisory team

Axel Brückner
Axel Brückner
Pascal Pfister
Pascal Pfister
Jan Hensel
Jan Hensel
Your Financial advice

Personal finance in Germany can be difficult – especially as an expat with limited German language skills. We make your financial planning as easy as possible. All you need is a device that is connected to the internet to secure a free online meeting with us.

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What is a Fixed Term savings account?

A Festgeldkonto is a secure investment account designed for capital you don’t need immediate access to. Unlike a flexible savings account (Tagesgeld), you commit your money for a fixed investment period (Anlagedauer) in exchange for a guaranteed, usually higher interest rate.

In the German market, fixed-term deposits are one of the most popular ways to protect and grow wealth with zero risk:

  • Guaranteed Interest Rates: The interest rate is fixed at the time of opening. Whether market rates go up or down, your return remains exactly the same for the entire duration of the term.
  • Fixed Investment Period: You choose a term that fits your goals, typically ranging from 6 months to 10 years. During this time, your funds are generally locked, meaning early withdrawals are either not possible or subject to significant penalties.
  • Maximum Security (Einlagensicherung): Just like Tagesgeld, Festgeld accounts in Germany and the EU are protected by law. Your deposits are secured up to €100,000 per person, per bank, through statutory deposit protection schemes.
  • No Account Fees: Opening and maintaining a Festgeld account is almost always free of charge. There are no hidden costs, so 100% of your interest earned stays in your pocket.
  • Minimum & Maximum Balances: Most banks require a minimum deposit (e.g., €500 or €2,500) to open the account. There is often also a maximum limit for the advertised interest rate.interest earned stays in your pocket.
  • Interest Frequency & Payout: Depending on the provider, interest is either paid out annually to a reference account or “capitalized” (added to the fixed deposit), allowing you to benefit from the compound interest effect.

What Our Amazing Clients Say About Us

Get an idea of how working with us is by reading what our clients say about us. In addition, you have the possibility to give us a review yourself.

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Alexey Nesterenko profile picture
Alexey Nesterenko
21:50 06 Feb 25
I had a very informative free consultation with Jan about real estate investing. He showed me how to check positive cash flow and calculate the final return using a simple example. Now I have a much better understanding of the key points to focus on when planning a real estate investment strategy. This will definitely help me in my future investing activities. Many thanks to the PerFinEx team for the professional work!
Joseph M profile picture
Joseph M
09:34 04 Feb 25
Axel is really great to talk to, very straightforward and unbiased advice. Highly recommended!
Jay Santoki profile picture
Jay Santoki
16:57 29 Jan 25
Arslan profile picture
Arslan
14:58 28 Jan 25
I was looking for guidance to invest in a pension. I got a lot of information from their youtube channel which is in English. Its a goldmine for migrants like me. Eventually got a free appointment with them and they found the best option for me and took care of all the paperwork. I will highly recommend them, specially Jan and Axel.
Felix Howes profile picture
Felix Howes
12:06 27 Jan 25
Axel, has been incredibly helpful. Would highly recommend to any expats looking for assistance navigating wealth management in Germany.
Sreyas Sony profile picture
Sreyas Sony
08:02 27 Jan 25
I had a call with Jan at PerFinEx to get advice on rental real estate investing in Germany, and he was fantastic. He helped me understand the different scenarios, explained everyhing with an example, and gave clear advice on financing and saving taxes. Highly recommend!
David Zakharyan profile picture
David Zakharyan
19:54 24 Jan 25
I had an excellent experience! Highly recommended!

Long story short:
With PreFinEx's help and thorough guidance, I was able to switch from public to private health insurance painlessly!

Long story long 😊:
I booked a free 30-minute meeting, and I was pleasantly surprised by how friendly and responsive Axel was. I wanted to cover three topics—insurance, pension, and investments—and I was hoping at least one of them would be addressed. To my surprise, Axel was able to answer all my questions, and by the end of the meeting, I had the full picture!

"This is your 30 minutes—feel free to ask!"
This one sentence made it clear to me that I wanted to work with them. Axel's professionalism and openness stood out, and I couldn't be happier with my decision.

Just book a free meeting—you won’t regret it!
Maris Winters profile picture
Maris Winters
12:58 10 Apr 24
Axel is clear, communicative, helpful and prompt. I've really appreciated his help and am glad to be working with him.
Hesham Kamal Eldin profile picture
Hesham Kamal Eldin
00:17 23 Mar 24
I have recently signed my new pension contract with the aid of Axel from PerFinEx. My first impression is very positive. Axel helped me with his experience to find the right program for me in a smooth and professional way. I highly recommend PerFinEx to anyone who wants honest and experienced support for financial planning.
Nhu Viet Nguyen profile picture
Nhu Viet Nguyen
11:00 14 Mar 24
Very polite and supportive team!
Veronica Jonsson profile picture
Veronica Jonsson
12:49 02 Mar 24
Starting to invest in ETFs has felt very overwhelming, but not anymore! PerFinEx helped me start my pension savings in just a week (which would've taken me months of research, confusion and stress otherwise). Thank you, Axel, for the excellent guidance. I can recommend anyone trying to get a better grip on their finances to set up a meeting PerFinEx!
emrah can çetinkaya profile picture
emrah can çetinkaya
07:34 26 Feb 24
As a newcomer to Germany, I can say that PerFinEx has been really helpful in clarifying my questions on various topics.
Ana P Santos profile picture
Ana P Santos
11:33 30 Jan 24
The PerFinEx videos were very useful for my research on what pension fund to invest in. I made an appointment with PreFinEx after watching the videos and making copious notes. Axle clearly explained the different pension levels to me and helped me make an informed decision as to where I could safely and wisely invest my money. Would definitely recommend PerFinEx services when planning your future.
KIVANÇ KARAOĞLAN profile picture
KIVANÇ KARAOĞLAN
09:46 30 Oct 23
I feel so lucky to have the chance to work with PerFinEx and Axel. PerFinEx, under the leadership of Axel, has a comprehensive knowledge of the health insurance system in Germany. He first tries to understand and identify your expectations and requirements then he finds the best way for you during the transition from public to private insurance. They are doing a great job providing valuable information to all the expat- non-German speaking community. Now I am asking myself why I lost that much time. I should have contacted Axel a long time ago. It is also great to feel that they will be always there to help you anytime you need. I would strongly recommend this company to work with. Please note that they have also other services such as pension systems, financial investments, real estate, etc.
Mohit Sood profile picture
Mohit Sood
21:07 02 Oct 23
I had two meetings with Axel. Everything was very smooth. He helped me shortlist couple of Health insurances. I had multiple queries before and after the meeting, Axel was very clear in his answers and patient with me throughout the process. It was a nice experience for me. I would definitely recommend their services.
Parth Sarthi Pandey profile picture
Parth Sarthi Pandey
14:50 07 Dec 22
It was wonderful working with PerFinEx. You get clear and honest advice and I had one of the most smooth experiences of buying any policy in Germany.
Jonathan Morales Vélez profile picture
Jonathan Morales Vélez
12:59 19 Sep 22
I've had a few calls with the folks from PerFinEx. I quickly built trust and started using their services. They present themselves as a key partner for your finances, specially when you are not from Germany.

I'm looking forward to building a lasting business relationship with them. It's been such a great start.
Rajwinder Singh profile picture
Rajwinder Singh
16:28 12 Aug 22
Best Financial advisor for Expats! I am happy to collaborate you. Thanks for advising on how to maximize my financial gains. 🙂 I would totally recommend PerFinex to anybody looking to maximize their earnings.
Satwik Shenoy profile picture
Satwik Shenoy
09:55 20 Jun 22
PerFinEx for expats in Germany is a legit one-stop shop for all your insurance needs and financial planning. They managed to solve all my insurance problems in Germany in no time and their YouTube videos are super informative.

Axel and Pascal were a pleasure to work with. I'd highly recommend you talk to them. Even if you already have your insurances, you could revisit your current situation and work on making them better and more efficient. The way he speaks clearly shows he is here to help.

Wishing you all the very best and keep those videos coming!
Luis Alfonzo González profile picture
Luis Alfonzo González
20:52 15 Mar 22
I first got in touch with Axel through his YouTube channel, then we arranged a meeting and he was super helpful and explained everything to me. I really value his patience and work ethic. I can recommend him for all expats living in Germany!
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