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Klarna for Expats in Germany

The fixed deposit by Klarna is available with various maturities and offers a maximum interest rate of 3.05% for the 48-month term to eligible residents in Germany.

Written by Christian - German Expat Banking & Connectivity Expert
Last update: August 25, 2026Last data check: September 19, 2026

Klarna Festgeld - raisin at a Glance

Account type: Festgeld / fixed deposit
Deposit insurance: Sweden (up to €100,000 per customer)
Available maturities: See table below

Term

Interest rate

Deposit amount

Term / interest rate / deposit amount

3 months

1.65% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

6 months

2.7% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

9 months

2.27% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

12 months

2.9% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

24 months

2.96% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

36 months

3% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

48 months

3.05% (paid Annually)

Min. €500
Max. €100,000

Open Fixed Deposit

How Can I Manage the Klarna Festgeld - raisin?

Your 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 ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.

How Can I Open the Klarna Festgeld - raisin?

Opening the "Festgeld - raisin" fixed-term deposit with 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 '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 . The desired amount will automatically be transferred from your Raisin reference account to .

Good to Know

Not sure if this account is right for you? Compare current Festgeld rates and estimated returns across available accounts in Germany.

Compare Fixed Deposits in Germany

About Klarna
Klarna Bank is part of the Swedish fintech company Klarna Group, founded in 2005 and headquartered in Stockholm, Sweden. Its stocks have been publicly listed at the New York Stock Exchange since 2025.
Initially focused on providing “buy now, pay later” payment solutions, Klarna has expanded into consumer banking services, including deposits, credit cards, and savings accounts. Klarna Bank offers its products digitally to European customers, combining innovative fintech solutions with traditional banking functions. Klarna operates under Swedish banking regulation and is supervised by the Swedish Financial Supervisory Authority.
Klarna Deposit Protection

Open Klarna Festgeld - raisin

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.

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This content is for general information only and does not constitute personalized financial advice or a recommendation to use any particular product or provider. Product features, rates, fees, eligibility requirements, and terms can change. Please conduct your own research and seek independent professional advice where appropriate. Always verify the current terms with the provider before purchasing a service or opening an account.