3 months
1.76% (paid Annually)
Min. €1,000
Max. €100,000
Max. €100,000
bunq Fixed-Term Deposit: Festgeld Review 2026
In a nutshell:
- The “Festgeld” is a fixed-term deposit offered by bunq.
- The return on the bunq fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.11% annually for a duration of 12 months.
- Savings are protected under the national deposit insurance scheme of the Netherlands.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by bunq.
How much interest does the bunq Festgeld pay?
bunq offers the fixed-term deposit “Festgeld” in 4 different terms, with annual percentage yields ranging from 1.76% to 2.11%. The highest interest is paid for the 12-month fixed-term deposit.
You can find an overview of all conditions for the bunq fixed-term deposits below:
Term
Interest rate
Deposit amount
6 months
1.86% (paid Annually)
Min. €1,000
Max. €100,000
Max. €100,000
12 months
2.11% (paid Annually)
Min. €1,000
Max. €100,000
Max. €100,000
24 months
1.91% (paid Annually)
Min. €1,000
Max. €100,000
Max. €100,000
Who is behind bunq?
Founded in 2012, bunq is a Netherlands-based neo-bank operating throughout the EU. It considers itself a pioneer in sustainable banking, allowing customers to choose where and how their money is invested.
In addition to standard day-to-day banking and payments, bunq offers savings features - including dedicated savings accounts that let users set aside money, earn interest, and manage funds directly through the bunq mobile app. Its platform is designed for people who prefer fully digital banking without traditional branch networks.
How safe is my money with bunq?
Deposits held with bunq are protected under the Dutch statutory deposit guarantee scheme (Het Depositogarantiestelsel), which covers eligible deposits up to 100,000 euros per depositor and bank in accordance with EU law. The Netherlands generally holds the top sovereign credit rating, AAA, reflecting a strong economic and financial environment.
How can I manage the Festgeld account?
The bunq "Festgeld" is managed primarily through the mobile app (available for iOS and Android), and a desktop web portal is also available. Within the app, you can view balances, move funds between your accounts, create multiple sub-savings accounts, or create virtual debit cards. Regular digital statements and push notifications keep you informed of your account activity.
Customer support is available via in-app chat and email. bunq offers broad customer support and digital applications in various languages, including English, German, Dutch, French, Italian, and Spanish.
How can I open the bunq “Festgeld“?
To open the bunq "Festgeld", start the process in the bunq mobile app; the QR code or link is available on the website. Applicants must reside in a supported European country (the European Union or the European Economic Area) and be at least 18 years old. However, parents or guardians can open accounts for their minor children.
The onboarding process involves entering personal information and completing identity verification. This is done by uploading a photo of your valid ID or passport and a video with your face recorded with through the mobile app. Once your identity is confirmed and compliance checks are completed, your bunq fixed-term deposit is activated and ready for use. A separate reference account is not required.
About the Author
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