3 months
1.82% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
Collector Bank Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by Collector Bank.
- The return on the Collector Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.75% annually for a duration of 48 months.
- Savings are protected under the national deposit insurance scheme of Sweden.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Collector Bank.
How much interest does the Collector Bank Festgeld - raisin pay?
Collector Bank offers the fixed-term deposit “Festgeld - raisin” in 9 different terms, with annual percentage yields ranging from 1.82% to 2.75%. The highest interest is paid for the 48-month fixed-term deposit.
You can find an overview of all conditions for the Collector Bank fixed-term deposits below:
Term
Interest rate
Deposit amount
6 months
2.2% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
9 months
2.05% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
12 months
2.2% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
18 months
2.4% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
24 months
2.5% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
30 months
2.56% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
36 months
2.65% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
48 months
2.75% (paid Annually)
Min. €500
Max. €100,000
Max. €100,000
Who is behind Collector Bank?
Collector was founded in 1999 and is based in Gothenburg. It is a Swedish digital bank offering financial solutions for private and corporate customers. The bank is a full subsidiary of Norion Bank AB, which is listed on Nasdaq Stockholm.
Collector's banking services include savings accounts, credit solutions, and digital financial products. In addition, it offers payment solutions for e-commerce and retail, factoring, growth and savings accounts, and real estate loans.
How safe is my money with Collector Bank?
Deposits at Collector Bank are protected under the Swedish statutory deposit guarantee scheme administered by Riksgälden. In line with EU standards, deposits are guaranteed up to 1,150,000 Swedish Crowns (approximately 100,000 euros, depending on the exchange rate) per depositor and per institution. Sweden is regarded as one of the most financially stable countries worldwide, with a strong AAA sovereign credit rating.
How can I manage the Festgeld - raisin account?
Your Collector Bank fixed-term deposit is managed entirely through the Raisin online platform. You can view balances, initiate transfers, and download documents via the Raisin web interface or the Raisin mobile app for iOS and Android.
The web interface and applications are available in German, English, Finnish, French, Dutch, Polish, and Spanish. Customer service is provided in local languages via secure messaging in the online banking and by phone. Since the account is operated through Raisin, you are not dependent on Collector Bank ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.
How can I open the Collector Bank “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with Collector Bank is done fully online via the interest marketplace Raisin.
Raisin is based in Berlin, Germany. Using the marketplace, you only need to register once and can then open several savings options, such as a Collector Bank's fixed-term deposit, across Europe and the globe within minutes. The Raisin platform is available to adults residing in Germany, Austria, France, Ireland, the Netherlands, Poland, Spain, the United Kingdom, and the United States. However, product offerings may vary by country.
You require a valid ID or passport to complete the identification procedure. In Germany, it can either be performed online via VideoIdent or in person at a post office branch (PostIdent). Once complete, you will get a reference account with Frankfurt-based Raisin Bank to which you shall connect your personal German current account. Afterwards, you can open the fixed-term deposit with Collector Bank. The desired amount will automatically be transferred from your Raisin reference account to Collector Bank.
About the Author
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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