1 months
0.6% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
SWK Bank Fixed-Term Deposit: Festgeldkonto Review 2026
In a nutshell:
- The “Festgeldkonto” is a fixed-term deposit offered by SWK Bank.
- The return on the SWK Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.55% annually for a duration of 36 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 SWK Bank.
How much interest does the SWK Bank Festgeldkonto pay?
SWK Bank offers the fixed-term deposit “Festgeldkonto” in 14 different terms, with annual percentage yields ranging from 0.60% to 2.55%. The highest interest is paid for the 36-month fixed-term deposit.
You can find an overview of all conditions for the SWK Bank fixed-term deposits below:
Term
Interest rate
Deposit amount
3 months
1.75% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
6 months
1.9% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
12 months
2.31% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
18 months
2.41% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
24 months
2.45% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
36 months
2.55% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
48 months
2% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
60 months
2% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
72 months
2% (paid Annually)
Min. €10,000
Max. €250,000
Max. €250,000
Who is behind SWK Bank?
SWK Bank is a German direct bank based in Mainz. It specialises in consumer lending, savings, and deposit products for private customers. Established as part of the SWK Finanzgruppe, the bank offers flexible savings accounts, fixed‑term deposits and loan products with a focus on simplicity and digital accessibility.
SWK Bank aims to provide competitive interest rates on savings and a straightforward online experience.
How safe is my money with SWK Bank?
Deposits at SWK Bank are protected under Germany’s statutory deposit guarantee scheme (Entschädigungseinrichtung deutscher Banken) up to 100,000 euros per depositor and bank in line with EU deposit insurance rules. Germany’s sovereign credit rating is robust (AAA with major agencies), which supports confidence in the regulatory environment and the stability of the banking system.
How can I manage the Festgeldkonto account?
The "Festgeldkonto" at SWK Bank is administered via the bank’s online banking platform. It offers all the functionalities to manage investments, view balances, make transfers, and more. For security reasons, you need a smartphone with the SWK appTAN application to confirm transactions.
Customer support is available via online banking, contact form or telephone and email, with services provided primarily in German.
How can I open the SWK Bank “Festgeldkonto“?
The "Festgeldkonto" at SWK Bank can be opened online via the bank’s website. Applicants must be at least 18 years old and have a German address to meet eligibility requirements.
The account opening process involves providing personal data, linking a reference current account (DE IBAN) for deposits and withdrawals, and completing identity verification via video call. Once these checks are completed successfully, the SWK fixed-term deposit is activated.
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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