The Current Interest Rate Landscape
The interest rate landscape in Germany is currently characterized by high inflation and various investment options. Despite falling interest rates on overnight and fixed-term deposit accounts, there are still worthwhile options that investors can take advantage of.
Overnight Deposits: The Best Offers
New Customer Offers
- Bank of Scotland: 3.50% per annum starting from €10,000 deposit (the best offer for new customers)
- Consorsbank: 2.80% per annum
Existing Customer Offers
- Klarna: 2.40% per annum
- Openbank: 2.40% per annum
These terms offer attractive returns with high flexibility.
More Top Offers According to Verivox (May 2025)
| Bank | Interest Rate | Deposit Guarantee |
|---|---|---|
| Banca Progetto | 2.40% | Italy |
| Openbank | 2.40% | Spain |
| Klarna* | 2.30% | Sweden |
| Varengold Bank | 2.30% | Germany |
*A current account with the bank is required
Fixed Deposits: Attractive Terms and Rates
Top Fixed Deposit Offers According to BÖRSE ONLINE
- Klarna:
- 1-year term: approx. 2.66% per annum
- 2-year term: approx. 2.68% per annum
These offers provide slightly higher rates compared to competitors.
Top Fixed Deposit Offers According to Verivox (May 2025)
| Bank | Interest Rate |
|---|---|
| Haitong Bank | 2.80% |
| Illimity Bank | 2.80% |
Construction Financing: Current Situation
The conditions for construction financing are currently not favorable, as they are at a high level.
Summary & Recommendations
Investors should pay attention to the following points:
- Overnight Deposit Account: Flexible savings account with good returns.
- Fixed Deposits: More security through fixed terms.
- Construction Financing: High costs require careful examination and possible use of funding programs.
Particularly, overnight deposits currently offer the best chances for attractive returns.