3 months
2.19% (paid Annually)
Min. €100
Max. €85,000
Max. €85,000
Bluestep Bank Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by Bluestep Bank.
- The return on the Bluestep Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.37% annually for a duration of 12 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 Bluestep Bank.
How much interest does the Bluestep Bank Festgeld - raisin pay?
Bluestep Bank offers the fixed-term deposit “Festgeld - raisin” in 2 different terms, with annual percentage yields ranging from 2.19% to 2.37%. The highest interest is paid for the 12-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 Bluestep Bank Bluestep Bank fixed-term deposits in the following table:
Term
Interest rate
Deposit amount
12 months
2.37% (paid Annually)
Min. €100
Max. €85,000
Max. €85,000
Who is behind Bluestep Bank?
Founded in 2005, Bluestep Bank is a Swedish mortgage bank operating in the Nordics. From its headquarters in Stockholm, it positions itself as an alternative to traditional banks by supporting people to obtain mortgages, regardless of their employment status or credit history. Furthermore, Bluestep Bank provides high-interest savings accounts.
How safe is my money with Bluestep Bank?
Deposits with Bluestep Bank are protected under Sweden’s statutory deposit insurance scheme, organized by the Swedish National Debt Office (Riksgälden). It guarantees up to 1,150,000 Swedish Crowns (roughly 100,000 euros, depending on the exchange rate) per depositor. Sweden holds the top sovereign credit rating of AAA. Bluestep Bank AB (publ) is regulated by the Swedish Financial Supervisory Authority.
See all Festgeld options
Check our complete list of time money and easily calculate your possible return.
How can I manage the Festgeld - raisin account?
Your Bluestep 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 Bluestep 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 Bluestep Bank “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with Bluestep 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 Bluestep 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 Bluestep Bank. The desired amount will automatically be transferred from your Raisin reference account to Bluestep Bank.
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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