12 months
2.45% (paid At maturity)
Min. €10,000
Max. €90,000
Max. €90,000
growney Fixed-Term Deposit: Festgeld über growney Review 2026
In a nutshell:
- The “Festgeld über growney” is a fixed-term deposit offered by growney.
- The return on the growney fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.45% annually for a duration of 12 months.
- Savings are protected under the national deposit insurance scheme of the European Union.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by growney.
How much interest does the growney Festgeld über growney pay?
growney offers the fixed-term deposit “Festgeld über growney” with an annual percentage yield of 2.45% and a term of 12 months.
You can find an overview of all conditions for the growney fixed-term deposits below:
Term
Interest rate
Deposit amount
Who is behind growney?
growney is a German digital investment and savings platform that combines automated investment services with flexible savings options for private customers. Founded in 2016 and based in Berlin, growney focuses on making long-term investing and savings easy and accessible through its online platform. In addition to its core robo-advisor investment portfolios, growney offers savings accounts and flexible cash solutions that can function as a complement to investment products.
How safe is my money with growney?
Funds held with growney are deposited with and safeguarded by a regulated partner bank under the applicable European Union rules. growney collaborates only with recognized banks in the EU and EEA. In the areas of flexible savings accounts and fixed-term deposits, partners include Raisin Bank AG and selected European investment banks. This means protection under the bank's country-specific statutory deposit guarantee scheme, up to 100,000 euros per depositor and institution, in accordance with EU law. Sovereign credit ratings vary by country, but all EU countries maintain investment-grade ratings. For instance, funds held with Raisin Bank AG are protected under the German insurance scheme, which is backed by its AAA credit rating.
How can I manage the Festgeld über growney account?
The "Festgeld über growney" accessed through growney is managed via the platform’s online banking portal, which allows you to view balances, check savings progress, monitor and choose new investments, and carry out transfers to your linked reference account. Customer support is available via phone, chat, and email. All services and interfaces are provided in German.
How can I open the growney “Festgeld über growney“?
The opening process for the fixed-term deposit with growney is entirely digital. You choose your product and your initial investment amount. With a flexible savings account, this amount can be easily adjusted after account opening because the funds remain accessible. Afterwards, you enter all your personal data. Applicants generally must be at least 18 years old and have a current EU account (SEPA account with an IBAN) that can be used as a reference account for payouts. For savings products, you must also have a German residence permit and a German tax ID. Individuals with citizenship or tax residence in the USA, Canada, or Singapore are unfortunately unable to open an account with growney. Identity verification is completed according to your preference. The following options are available: a digital German ID card (eID), a video call (VideoIdent), or a visit to a post office (PostIdent).
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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