Memo Bank Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by Memo Bank.
- The return on the Memo Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is % annually for a duration of months.
- Savings are protected under the national deposit insurance scheme of France.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Memo Bank.
How much interest does the Memo Bank Festgeld - raisin pay?
Memo Bank offers the fixed-term deposit “Festgeld - raisin”
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 Memo Bank Memo Bank fixed-term deposits in the following table:
Term
Interest rate
Deposit amount
Who is behind Memo Bank?
Founded in Paris in 2020, Memo Bank is a French independent commercial bank.
Its main focus is on business clients, namely small and medium-sized enterprises as well as larger companies: transaction banking (including cash management), accounting, checking accounts, short- to long-term loans. However, it also serves retail clients with its savings solutions.
How safe is my money with Memo Bank?
Memo Bank deposits are protected under the French statutory deposit guarantee scheme (Fonds de Garantie des Dépôts et de Résolution – FGDR), securing eligible deposits up to 100,000 euros. France generally maintains an investment‑grade sovereign credit rating (A+).
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 Memo 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 Memo 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 Memo Bank “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with Memo 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 Memo 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 Memo Bank. The desired amount will automatically be transferred from your Raisin reference account to Memo Bank.
About the Author
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