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DKB Fixed-Term Deposit: Festgeld Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits DKB Festgeld

Christian

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In a nutshell:

  • The “Festgeld” is a fixed-term deposit offered by DKB.
  • The return on the DKB fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2% 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 DKB.

How much interest does the DKB Festgeld pay?

DKB offers the fixed-term deposit “Festgeld” in 8 different terms, with annual percentage yields ranging from 1.25% to 2.00%. The highest interest is paid for the 120-month fixed-term deposit.

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

Term

Interest rate

Deposit amount

Who is behind DKB?

DKB (Deutsche Kreditbank AG) is probably the most established online bank in Germany, with its headquarters in Berlin and a founding date of 1990. It is backed by the State Bank of Bavaria (BayernLB) and is known for offering one of the most popular German current accounts. Moreover, DKB provides a comprehensive range of retail banking and investment products, including savings and deposit accounts, credit and lending solutions, and securities services. It serves both private and business customers across Germany.

How safe is my money with DKB?

Deposits with DKB are protected under Germany’s statutory deposit guarantee scheme (Entschädigungseinrichtung deutscher Banken) up to the statutory limit of 100,000 euros per depositor and institution under EU law. Germany’s sovereign credit rating remains at the top (AAA across major agencies), supporting confidence in the country’s financial system and regulatory environment.In addition to this mandatory protection, DKB participates in the voluntary deposit protection fund of the Association of German Banks (Bankenverband), which extends coverage well above the statutory minimum.

How can I manage the Festgeld account?

The Festgeld at DKB is managed through the bank’s online banking portal and mobile app (available for iOS and Android), where you can view balances, transfer funds between accounts, manage account security, and more. All interfaces are exclusively available in German. Customer support for the DKB fixed-term deposit is accessible via an AI chat agent, phone, and contact form.

How can I open the DKB “Festgeld“?

To open the Festgeld with DKB, you can apply directly online via the DKB website. Having a DKB current account (Girokonto) is a prerequisite for using any of their other financial products. Applicants must generally be at least 18 years old, but there are special options for minors available (u18).If you are a non-resident of Germany, you can also open a current account using a Foreign address. Citizens of other countries require an official address in Germany, Austria, or Switzerland.For people with German nationality, accounts can be opened in any country of residence (except sanctioned countries such as Iran or North Korea). People with other nationalities can open an account only in an official residence in Germany, Austria, or Switzerland.The application requires personal information and identity verification, which is completed online via VideoIdent or in person at a post office branch (PostIdent).
Click here to get your DKB 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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