Top offers at WeltSparen
Term · 6 Months ·
Italy (BBB+)
No Withholding Tax
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Term · 1 Year ·
Sweden (AAA)
No Withholding Tax
Read More
Term · 2 Years ·
Sweden (AAA)
No Withholding Tax
Read More
The most important thing in brief
- How it works: Fixed-term deposits are interest-bearing
investments where funds are typically inaccessible during the term. The
fixed rate allows interest to be calculated upfront.
- Comparison: Finanztest regularly highlights top-rated
fixed-term accounts and their current rates. WeltSparen’s offers are often
among the top performers.
- Investing abroad: WeltSparen gives you easy access to
fixed-term deposits across Europe, where interest rates are often higher
than in Germany.
Finanztest rates: Our partner banks are once again among the top performers
Last updated: 01.05.2025
The latest comparison by Finanztest (05/2025) once again awards top marks to fixed-term
deposit offers from our partner banks. The test focused on the highest interest rates for
fixed-term deposits across different durations. Banks from countries with weak economies and
those not offering new customer promotions were excluded.
As in previous months, offers from our partner banks were named test winners across several
term lengths.
- Top offers for short 1-year terms include fixed deposits from Collector Bank,
Germany’s Aareal Bank, Nordax Bank, and Sweden’s Klarna Bank — with rates up to
2.43% p.a.
- For longer terms of up to 5 years, leading offers come from Hamburg Commercial Bank,
Hoist Sparen, RiverBank, and Belgium’s BankB — with rates up to 2.75% p.a.
Want to discover more top offers from our partner banks?
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Finanztest: How Does the Fixed-Term Deposit Comparison Work?
Finanztest is the regularly published magazine by Stiftung Warentest focused on financial
topics. It compares nearly 800 fixed-term deposit offers based on term lengths and interest
conditions. Offers from WeltSparen are consistently among the top-rated — for both
fixed-term and overnight deposits.
Many attractive fixed-term offers from WeltSparen are not included in the test, as Stiftung
Warentest excludes deposits subject to local withholding taxes. To be considered in the
comparison, the following criteria must be met:
- The bank must be based in a country rated AAA or AA
- The bank must operate in an EU country, the EEA, or the UK and offer statutory
deposit protection
- The bank must not be a regional bank or savings institution
- No account opening or maintenance fees may apply
- The best rate must apply to a minimum investment of €20,000
- Interest must be paid at least annually and compound in the following year
- The offer must not be subject to withholding tax
- No negative interest rates may be applied
Secure interest now
Finanztest examines fixed-term deposit offers from banks operating in Germany. It includes
nationwide and foreign credit institutions but excludes regional banks or savings banks.
Some European banks are excluded from the test because their home countries have not
received top ratings from major rating agencies (such as Fitch and Standard & Poor’s). For
this reason, not all of WeltSparen’s partner banks appear in the Finanztest list.
Nonetheless, WeltSparen partners only with reliable credit institutions in Europe whose
business models are stable and who ensure long-term cooperation. Deposits at all partner
banks are protected under EU law up to €100,000 per saver and per bank.
Foreign Banks Lead in the Finanztest Comparison
Foreign and direct banks perform best in Stiftung Warentest’s comparison. Traditional branch
banks are rarely found on the list. The reason is simple: direct banks have lower operating
costs because they don’t require expensive branch networks. These savings allow them to
offer higher interest rates. In addition, foreign banks often provide attractive terms to
enter the German market, where refinancing is typically cheaper than in their home
countries.
Attractive Rates: How to Earn Higher Interest with Fixed Deposits
Higher interest rates depend on the provider and the term length. According to Finanztest,
the best rates are usually achieved with five- to ten-year terms. Shorter terms yield
noticeably lower rates. To remain flexible in a rising interest environment, Finanztest
recommends diversifying your fixed-term durations.
WeltSparen Offers Attractive Fixed-Term Products
WeltSparen offers fixed-term deposits with noticeably higher interest rates than most of the
top-rated providers in Stiftung Warentest’s comparison. This applies to terms ranging from
12 to 60 months.
WeltSparen focuses on partner banks that are not active in the German market but operate in
their respective home countries, where different conditions apply. Stiftung Warentest also
notes that interest rates vary significantly across European countries and are often higher
than those in Germany.
Within the Eurozone, fixed-term deposit rates remain relatively moderate. Outside the
Eurozone, they tend to be higher due to various factors such as economic conditions,
national fiscal and economic policies, market competition, and supply-demand dynamics. These
factors explain the significant differences in interest rates compared to Germany.
Counter Inflation with Foreign Fixed-Term Deposits
To mitigate the effects of high inflation, looking beyond national borders — and even beyond
the Eurozone — can be a smart option. WeltSparen ensures the highest possible security when
selecting partner banks and their term deposit offers. Only institutions with robust
statutory deposit protection are chosen. This applies to all banks located within the EU,
even if the country is outside the Eurozone. According to harmonized EU rules, deposits —
including fixed-term deposits — are protected up to €100,000 per customer and per bank. In
Germany, the same legal deposit insurance applies as throughout the EU.
Countries outside the EU, such as the United Kingdom and Norway, also offer statutory deposit
protection. Since January 1, 2019, Norway insures deposits up to €100,000 including interest
through the Norwegian deposit guarantee fund. This also covers customers from Germany.
Deposits made before this date remain protected up to the equivalent of 2,000,000 NOK. For
foreign currency accounts — in this case, Norwegian kroner — the guaranteed amount is
defined in the respective currency.
How to Open a Foreign Fixed-Term Account
WeltSparen makes it simple to invest in foreign term deposits. If you want to open multiple
accounts with different durations, WeltSparen saves you time. With just one registration,
you can access all offers from our partner banks. The intuitive online banking system lets
you stay on top of all your accounts and deposits at any time.
Open an account in just a few steps:
- Register for free with WeltSparen. After identity verification via PostIdent or
VideoIdent, your account is activated and a personal transaction account is opened
with WeltSparen’s service bank.
- Select a suitable fixed-term or overnight deposit from over 1,360 available offers.
- Transfer your desired investment amount from your reference account (e.g., your
regular bank account) to the WeltSparen transaction account.
- WeltSparen handles the rest. The service bank transfers the amount to your chosen
partner bank, where the money is invested at a fixed interest rate for your selected
term. You'll be notified in advance of maturity so you can decide early what to do
with your funds.
Ready to start investing? Your path to better interest begins with one registration.
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