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comdirect Fixed-Term Deposit: Festgeldkonto Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits comdirect Festgeldkonto

Christian

Last updated on

In a nutshell:

  • The “Festgeldkonto” is a fixed-term deposit offered by comdirect.
  • The return on the comdirect fixed-term deposit is dependent on the duration of the deposit. The highest interest is 1.7% annually for a duration of 24 months.
  • Savings are protected under the national deposit insurance scheme of Germany.

Find all the details and rates below in our frequently asked questions on the fixed-term deposit by comdirect.

How much interest does the comdirect Festgeldkonto pay?

comdirect offers the fixed-term deposit “Festgeldkonto” in 3 different terms, with annual percentage yields ranging from 1.50% to 1.70%. The highest interest is paid for the 60-month fixed-term deposit.

You can find an overview of all conditions for the comdirect fixed-term deposits below:

Term

Interest rate

Deposit amount

Who is behind comdirect?

comdirect started in 1994 as a direct bank under Commerzbank’s initiative and only became an integral part of Commerzbank Group – Germany’s second-largest private bank - after a full takeover in 2020. Initially positioned as a low-cost, online brokerage and current account provider, comdirect offers current accounts, savings and deposit products, broker services, and digital banking tools. Since integration into Commerzbank the comdirect brand continues to operate as a digital retail channel within the wider Commerzbank group.

How safe is my money with comdirect?

comdirect deposits are protected by Germany’s statutory deposit guarantee (Entschädigungseinrichtung deutscher Banken) up to 100,000 Euro per depositor. Germany has the highest sovereign rating, AAA. As part of Commerzbank, comdirect customers also benefit from the group’s additional institutional safeguards.

How can I manage the Festgeldkonto account?

To manage the Festgeldkonto, comdirect provides full online banking access, a mobile app for iOS/Android, and trading platforms for securities. Customer support is available by phone, secure messaging in the portal, and email. All interfaces, apps, and customer service are provided exclusively in German.

How can I open the comdirect “Festgeldkonto“?

comdirect fixed-term deposit "Festgeldkonto" are opened online; comdirect supports VideoIdent, electronic ID, and identity verification in-person at a post office. Applicants need to be adults with a valid ID and German residence. After verification, the flexible savings account immediately becomes available for use.

You also need to indicate a reference current account with comdirect or another bank for payouts.

Click here to get your comdirect flexible savings account!

About the Author

Christian is a founding member of and writer at Settle in Germany. He strives to empower expats - whether fleeing war or seeking their next career step - to make their own smart and confident decisions.His guides deliver reliable and objective information about banking and connectivity in Germany. Christian brings in his profound financial and business knowledge from his studies in International Management and a successful long-year track record within international corporations. Having grown up here and lived in six countries across three continents, Christian knows the ins and outs of German particularities and understands what it means to adjust to a new environment. He is deeply immersed in Berlin's expat community, working as a personal coach to support internationals shaping a new life in Germany.

Disclaimer: This blog and providing support are my passion and hobby. However, I do not intend to provide financial advice. All investments involve risks of loss. This post is non-binding, for informational purposes only, and does not represent a complete market overview. I do not take responsibility for the accuracy and up-to-dateness of the data (§18 ZKG).

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