6 months
1.9% (paid Annually)
Min. €10,000
GEFA Bank Fixed-Term Deposit: GEFA FestGeld Review 2026
In a nutshell:
- The “GEFA FestGeld” is a fixed-term deposit offered by GEFA Bank.
- The return on the GEFA Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.8% annually for a duration of 48 months.
- Savings are protected under the national deposit insurance scheme of Germany.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by GEFA Bank.
How much interest does the GEFA Bank GEFA FestGeld pay?
GEFA Bank offers the fixed-term deposit “GEFA FestGeld” in 5 different terms, with annual percentage yields ranging from 1.90% to 2.80%. The highest interest is paid for the 48-month fixed-term deposit.
You can find an overview of all conditions for the GEFA Bank fixed-term deposits below:
Term
Interest rate
Deposit amount
12 months
2.2% (paid Annually)
Min. €10,000
24 months
2.4% (paid Annually)
Min. €10,000
36 months
2.5% (paid Annually)
Min. €10,000
48 months
2.8% (paid Annually)
Min. €10,000
Who is behind GEFA Bank?
GEFA Bank is a German specialist bank focused on equipment and vehicle financing for businesses and corporate customers. Part of the Crédit Agricole group - France’s second-largest financial provider - GEFA offers leasing, installment loans, and financing solutions rather than broad retail deposit products. However, they also offer savings accounts to private consumers.
How safe is my money with GEFA Bank?
As a German credit institution, GEFA Bank’s eligible deposits are protected via Germany’s statutory deposit guarantee (Entschädigungseinrichtung deutscher Banken) up to 100,000 euros. Germany’s credit rating is AAA, the highest possible. Moreover, clients enjoy the reputation and backing of the internationally known Crédit Agricole group.
How can I manage the GEFA FestGeld account?
GEFA Bank’s services are only available in German. The GEFA FestGeld can be managed via the web interface. There is no dedicated mobile app, except for TAN generation, which ensures secure money transfers. For any questions regarding GEFA’s fixed-term deposit, there is a hotline, contact e-mail, and online banking contact form.
How can I open the GEFA Bank “GEFA FestGeld“?
To open a GEFA Bank fixed-term deposit, you require a German residency, German tax number (ID), and must be at least 18 years old. The identification process can exclusively be done online via webcam. For this, you require a valid ID or passport from Germany, Belgium, Denmark, France, Finland, Greece, Great Britain, Italy, Canada, Kosovo, Croatia, Lithuania, Netherlands, Norway, Austria, Portugal, Poland, Romania, Sweden, Switzerland, Serbia, Spain, Czechia, Turkey, or the USA. For payouts from your GEFA FestGeld, you require a current account with a German IBAN (bank account number starting with DE).
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