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Signet Bank Fixed-Term Deposit: Festgeld - raisin Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits Signet Bank Festgeld – raisin

Christian

Last updated on

In a nutshell:

  • The “Festgeld - raisin” is a fixed-term deposit offered by Signet Bank.
  • The return on the Signet Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.86% annually for a duration of 60 months.
  • Savings are protected under the national deposit insurance scheme of Latvia.

Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Signet Bank.

How much interest does the Signet Bank Festgeld - raisin pay?

Signet Bank offers the fixed-term deposit “Festgeld - raisin” in 4 different terms, with annual percentage yields ranging from 2.35% to 2.86%. The highest interest is paid for the 60-month fixed-term deposit.

In comparison, the top Festgeld high-yield savings accounts are currently offered by Raiffeisenbank Wittelsbacher Land (3.33% for 6 months) and Rediem Capital AB (3.25% for 120 months).

You can find an overview of all conditions for the Signet Bank Signet Bank fixed-term deposits in the following table:

Term

Interest rate

Deposit amount

12 months

2.35% (paid Annually)

Min. €15,000
Max. €100,000
Check details

24 months

2.45% (paid Annually)

Min. €15,000
Max. €100,000
Check details

36 months

2.65% (paid Annually)

Min. €15,000
Max. €100,000
Check details

60 months

2.86% (paid Annually)

Min. €15,000
Max. €100,000
Check details

Who is behind Signet Bank?

Founded in 1991, Signet was one of the first privately owned banks in independent Latvia and has since grown into the country’s leading investment bank.

The bank places particular emphasis on businesses by managing their capital and structuring investment projects. It offers tailored services to local entrepreneurs and companies to support their long-term growth and competitiveness. As the parent company of the Signet Bank Group, the bank also oversees several specialized subsidiaries that expand its range of financial services, including financing, investment, and digital banking products.

How safe is my money with Signet Bank?

Latvia is an EU country and subscribes to the minimum deposit protection requirements under EU regulation. Deposits at Signet Bank are covered by the deposit-insurance scheme of Latvia, the Deposit Guarantee Fund of Latvia, which protects up to 100,000 euros per depositor per bank. Latvia's credit rating of A+ is a sign of the country's financial stability.

Signet Bank Festgeld – raisin

See all Festgeld options

Check our complete list of time money and easily calculate your possible return.

Compare fixed-term deposits in Germany here

How can I manage the Festgeld - raisin account?

Your Signet 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 Signet 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 Signet Bank “Festgeld - raisin“?

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

Click here to get your Signet Bank 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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