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Qliro AB Fixed-Term Deposit: Festgeld - raisin Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits Qliro AB Festgeld – raisin

Christian

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In a nutshell:

  • The “Festgeld - raisin” is a fixed-term deposit offered by Qliro AB.
  • The return on the Qliro AB fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.3% annually for a duration of 3 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 Qliro AB.

How much interest does the Qliro AB Festgeld - raisin pay?

Qliro AB offers the fixed-term deposit “Festgeld - raisin” in 4 different terms, with annual percentage yields ranging from 2.00% to 2.30%. The highest interest is paid for the 3-month fixed-term deposit.

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

Term

Interest rate

Deposit amount

Who is behind Qliro AB?

Qliro was founded in 2014 by the largest online retailer group in Scandinavia, the Qliro Group. It is a Swedish financial technology company headquartered in Stockholm that offers online payment solutions in the Nordics. Qliro also provides other digital banking services, including consumer loans and savings products. Qliro is regulated by the Swedish Financial Supervisory Authority (SFSA).

How safe is my money with Qliro AB?

Your deposits with Qliro are safeguarded by the Swedish national deposit insurance scheme, managed by the Swedish National Debt Office (Riksgälden). This statutory guarantee covers up to 1,150,000 Swedish Crowns (approximately 100,000 euros, depending on the exchange rate) per depositor and per bank, in full compliance with EU regulatory requirements. Sweden currently holds the highest sovereign credit rating (AAA) from major rating agencies.

How can I manage the Festgeld - raisin account?

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

How can I open the Qliro AB “Festgeld - raisin“?

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

Click here to get your Qliro AB 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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