36 months
2.63% (paid Annually)
Min. €1,000
Max. €90,000
Max. €90,000
HoistSpar Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by HoistSpar.
- The return on the HoistSpar fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.65% annually for a duration of 60 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 HoistSpar.
How much interest does the HoistSpar Festgeld - raisin pay?
HoistSpar offers the fixed-term deposit “Festgeld - raisin” in 3 different terms, with annual percentage yields ranging from 2.63% to 2.65%. The highest interest is paid for the 60-month fixed-term deposit.
You can find an overview of all conditions for the HoistSpar fixed-term deposits below:
Term
Interest rate
Deposit amount
48 months
2.64% (paid Annually)
Min. €1,000
Max. €90,000
Max. €90,000
60 months
2.65% (paid Annually)
Min. €1,000
Max. €90,000
Max. €90,000
Who is behind HoistSpar?
HoistSpar is a Swedish financial institution founded in 1994 in Stockholm. The company is in 13 markets across Europe and is regulated by the Swedish FSA.
Hoist Finance is an asset management company focused on investing in and managing loan portfolios, especially non-performing consumer loans. Herein, it works in partnership with international banks and financial institutions across Europe. Moreover, its clients are over-indebted consumers, enabling them to become debt-free through debt restructuring and the creation of sustainable repayment plans.
How safe is my money with HoistSpar?
Deposits at HoistSpar 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 HoistSpar 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 HoistSpar ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.
How can I open the HoistSpar “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with HoistSpar 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 HoistSpar'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 HoistSpar. The desired amount will automatically be transferred from your Raisin reference account to HoistSpar.
About the Author
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